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Miami's black community, which makes up 16% of the local population, is particularly resentful. Garth Reeves, publisher of the black Miami Times, warns of black hostility because of competition with Hispanics for low-cost public housing and lower-level service jobs that formerly were a black preserve. Says Reeves: "Before the Cuban influx, blacks had most of the hotel jobs, now they have less than 2%." One reason for this decline is that many jobs now require both English and Spanish, and most blacks do not speak the latter...

Author: /time Magazine | Title: Nation: MIAMI | 10/16/1978 | See Source »

...making the U.S. more competitive in world markets, and of policy directives intended to alleviate Government obstacles to trade. On the practical side, the President ordered a modest expansion of the federal machinery that helps American businessmen sell their goods abroad. For example, the Export-Import Bank, which provides low-cost loans to foreign buyers of American goods, will be given more generous financing. Also, the Small Business Administration has been authorized to advance as much as $100 million in loan guarantees to little firms that engage in exports...

Author: /time Magazine | Title: Business: Trying to Right the Balance | 10/9/1978 | See Source »

...nose at the U.S. But there are two importantly different schools of thought as to what the Russians are up to. One view is that the Soviets are, as usual, merely reacting to targets of opportunity; helping the Katangese rebels, for instance, gives them a chance for some low-cost, low-risk adventurism, with possibly big rewards. This is basically Vance's view, although he admits to some uncertainty about Moscow's ultimate intentions. Brzezinski leans to the second view, which is that the Soviets have a grand design for Africa and the Middle East. In addition to seizing...

Author: /time Magazine | Title: AFRICA: Countering the Communists | 6/5/1978 | See Source »

...impossible" problems. Intrigued by the prospect of designing his own plane, Lear severed connections in 1962 with the electronics firm he had founded, anted up $11 million of his personal fortune, squeezed bank loans and tapped his children's trust funds to finance production of the small, streamlined, low-cost jet now used by corporation presidents and rock stars alike...

Author: /time Magazine | Title: Milestones, May 29, 1978 | 5/29/1978 | See Source »

...come not from flying but from plane sales, tax credits and hotel subsidiaries. Indeed, some carriers?Eastern, TWA, Northwest, Western?show declining operating profits. But the competition for passengers, especially nonbusiness travelers who make up 48% of the traffic, is certain to remain intense. So the number of low-cost fares will probably grow...

Author: /time Magazine | Title: Business: Airlines: All's War in Fares | 2/13/1978 | See Source »

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