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...Trade and Industry announced that in October Britain suffered a trade deficit of at least $715 million, the worst ever. To prevent a potentially ruinous run on the pound, the Bank of England hiked its lending rate to an unprecedented 13%. The London stock exchange responded by slid ing to its lowest level in two years...

Author: /time Magazine | Title: Time Essay: Welcome to Ruritania | 11/26/1973 | See Source »

...particularly worried by the fedayeen," Hussein told Prager dur ing an audience at Amman's Basman Palace, "but I think there is a certain nuisance value that will continue to ex ist, unfortunately. Still, I believe that somehow in the future, possibly as a result of their experiences, Arab states will realize that they cannot leave the matter of their relations as states in the hands of irresponsible elements...

Author: /time Magazine | Title: JORDAN: King Hussein Opens the Door | 10/8/1973 | See Source »

While the Nixon Administration's wage controls have aimed at holding raises for ordinary workers to 5.5% a year, some top executives have been do ing rather better than that. According to a Business Week survey, Chrysler Corp. Chairman Lynn Townsend last year got a 209% increase in total compensation, to $649,850; TWA President Forwood C. Wiser Jr.'s compensation went up 157%, to $296,298. Such in creases did not violate the guidelines; a company could give its chief an enormous boost, keep the lid on subordinates' raises, and come out with an average...

Author: /time Magazine | Title: CONTROLS: Squeeze at the Top | 10/8/1973 | See Source »

...tall and most definitely brunette, and she grew up into a towering 5-ft. 11-in. handsome woman with the voice of a diesel truck in second gear. Last year that imposing, now graying, woman with the small blonde ingénue inside marched onto the nation's television screens as Maude. It took fate 40-odd years to get around to her, but Bea Arthur is finally a star...

Author: /time Magazine | Title: Show Business: Big Bea | 10/1/1973 | See Source »

...receiving nearly 2,000 letters weekly from such varied admirers as moonstruck teen-agers ("We love you, Hanky-poo") and Alabama Governor George Wallace. NBC stands ready to interrupt its regularly scheduled programs to show Aaron hitting Nos. 712 through 715. Computer analysts, astrologists and assorted clairvoyants are issu ing almost daily predictions on his chances for the record this year (latest consensus: a cliffhanger until the season's last day, Sept. 30). Aaron himself says: "I don't know. I can't predict. I just want to keep messing up that computer...

Author: /time Magazine | Title: Sport: Henry Aaron's Golden Autumn | 9/24/1973 | See Source »

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