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Asifa's storm troopers have little in common with the illiterate and ill-equipped irregulars who used to sneak into Israel. Roughly half of them are college graduates or students, and all are rotated regularly in and out their civilian jobs, a practice that makes guerrilla fight ing more attractive and assures Asifa penetration into all levels of civilian life. They undergo formal guerrilla train mg at bases such as the Karamah refugee camp, which was the mam target of last week's Israeli assault. To main tain a semblance of secrecy, Asifa is organized into c. like...

Author: /time Magazine | Title: World: A BROTHERHOOD OF TERROR | 3/29/1968 | See Source »

...known since the devaluation of sterling four months ago that Britain would have to produce a tough budget this spring in order to re establish international confidence in the pound. But, as Britons discovered last week, no one had guessed quite how tough. In a commanding and convinc ing 135-minute speech, Chancellor of the Exchequer Roy Jenkins spelled out new fiscal measures that are the most se vere since the Depression year of 1930. They will levy on already heavily bur dened Britons a total of $4 billion in new taxes during the next 21 months. Said the Times...

Author: /time Magazine | Title: Britain: Nasty but Necessary | 3/29/1968 | See Source »

...Union message, prom ising many of the sweeping reforms that the U.S. has been urging over the past two months. The program, beamed to 170,000 TV sets within viewing range of 76% of the country's population, would, if carried out, go far toward solv ing the worst of South Viet Narn's problems. Among President Thieu's major concerns...

Author: /time Magazine | Title: South Viet Nam: State of the Union | 3/29/1968 | See Source »

...warned that reliance on "the barbarous metal" would ultimately lead to a drying up of reserves and re strictions on trade and capital flow. The U.S. (then holding some 57% of the world's monetary gold) prevailed with its view that creation of the IMF - a dar ing innovation for its day - would solve the problem...

Author: /time Magazine | Title: Money: It Could Be Dawn | 3/29/1968 | See Source »

...U.A.W. was not so agreeable when it came to contract talks cover ing its local at A.M.C.'s money-losing Kelvinator Division in Grand Rapids. At issue was the fact that Kelvinator's 3,100 appliance workers earn less than their auto-production counterparts. While the U.A.W. demanded parity, A.M.C. countered that the average wage at Kelvinator-$2.91 an hour-compares favorably with that earned by other appliance workers. When the impasse persisted, the union merely relayed the company's final offer to the Grand Rapids local without making any recommendation for or against ratification. The rank...

Author: /time Magazine | Title: Autos: Coping & Hoping | 3/29/1968 | See Source »

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