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Once an agreement was reached in March, the negotiators began lobbying local Chambers of Commerce, county commissioners, and ranchers who graze cattle on the strip. In Washington, the measure has strong bipartisan support and is expected to pass both the Senate and the House in this session. One index of its acceptability: a leading sponsor is Arizona Democrat Bob Stump, who has never voted for a wilderness bill during his seven years in the House...

Author: /time Magazine | Title: Strip Poker | 8/8/1983 | See Source »

...that "nature is being cruel to us" and that "the economy is ill," the President prescribed a shock treatment to reduce inflation. He decreed that beginning in August, cost of living wage hikes for all Brazilian workers would be limited to only 80% of increases in the consumer price index. In addition, increases in rents, mortgages and other payments tied to inflation would be subject to the same...

Author: /time Magazine | Title: Rainy Days in Brazil | 7/25/1983 | See Source »

Brazil's leaders have come to recognize that one of the main causes of the country's problems is its indexation system, which makes inflation difficult to cool off once it heats up. The program unveiled last week is the first major step toward dismantling that system. In the past, price rises have led to automatic hikes of comparable size in wages, pensions, interest rates and other payments. When indexation went into general use in 1973, government economists thought it would insulate people from the worst effects of inflation. The problem, however, was that unusual price hikes caused...

Author: /time Magazine | Title: Rainy Days in Brazil | 7/25/1983 | See Source »

...only one: the misery of illness, the descending sorrows of guilt, estrangement and despair. Torment stains every page of his fiction, and his autobiographical writings are so clotted with disorders that one collection states: "Frequent references to insomnia and headache have not been included in the index...

Author: /time Magazine | Title: Books: The Malady Was Life Itself | 7/18/1983 | See Source »

...billion and profits of some $520 million. In the past five years, the earnings of the five largest hospital companies (Hospital Corporation of America, Humana, American Medical International, National Medical Enterprises and Lifemark) increased at an annual rate of 30% to 50%. Last year Standard & Poor's index of stock prices for hospital management companies zoomed 68%, making the otherwise healthy 14.8% rise in the S & P index of 500 industrials look anemic by comparison...

Author: /time Magazine | Title: Prescription for Profits | 7/4/1983 | See Source »

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