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...already heavily dependent on foreign money. Last year alone some $86 billion poured into American investments from abroad. By enlarging the pool of capital available for lending, the inflow from overseas has helped ease pressure on interest rates. Without the foreign investment, the prime rate that U.S. banks charge corporate customers, now at 13%, might be 1 to 3 percentage points higher...

Author: /time Magazine | Title: America the Tax Haven | 8/13/1984 | See Source »

...overseas investors were to lose confidence in the American economy and begin pulling out money, the result could be a surge in U.S. interest rates. The inflow of foreign capital is merely buying a little more time for the U.S. Government to take steps to close its dangerous budget deficit. -By Charles P. Alexander. Reported by Lawrence Malkln/Paris and Frederick Ungeheuer/New York

Author: /time Magazine | Title: America the Tax Haven | 8/13/1984 | See Source »

Politically the CIA's main challenge has been to avoid Unking its operation to the government of Pakistani President Zia ul-Haq. Burdened by the inflow of more than 3 million Afghan refugees, Zia has actively tried to negotiate a settlement to the war in the face of Soviet intransigence. He has also repeatedly denied Soviet charges that his country was directly supplying the Afghan rebels in any way. Evidence to the contrary would not only compromise the talks, which are being conducted through the United Nations, but could even give the Soviets a pretext for moving into Pakistan...

Author: /time Magazine | Title: AFGHANISTAN: Caravans on Moonless Nights | 6/11/1984 | See Source »

...Boston Globe poll to be released today shows Hart with a 41 to 29 percent lead over Mondale, and Hart is expected to profit from a large inflow of financial and volunteer support after his two stunning victories...

Author: By Michael W. Hirschorn, | Title: Hart Wallops Mondale Again in Maine | 3/5/1984 | See Source »

Another reason for the inflow is that the U.S. is seen as a safe haven for foreigners' capital. International tensions have been heightened by currency controls, instability in Latin America and troubled economies in Europe. As Joly Dixon, Counselor of Economic Affairs for the European Community, asks bluntly, "Where else are you going to put your money...

Author: /time Magazine | Title: Too Strong for Its Own Good | 11/8/1982 | See Source »

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