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...high value of the dollar makes imports less costly, American consumers are favoring foreign products over those made at home. Figures released last week revealed that the current account, which measures trade in goods and services, showed a record deficit of $101.6 billion last year, topping the previous peak of $41.6 billion in 1983. Foreigners have helped finance the trade deficit by investing heavily in the U.S. Because the inflow of foreign money far exceeds American investments abroad, the U.S. may have become a debtor nation in the first quarter of 1985 for the first time since World...
...discovery showed researchers how they could dispense with prerecorded templates. Now they could program their computers to identify the shapes and patterns that Zue had recognized in the spectrograms. That immediately made the machines more versatile. Rather than trying to match every peak and trough in the wave forms of someone's voice, they could search for only those acoustic features that are universal in certain words, no matter who speaks them. Advanced word-recognition systems using this technique are already in the hands of the National Security Agency, the top-secret Government bureau that monitors global communications networks. Eavesdropping...
PCjr's share of the retail personal-computer market slipped from a peak of 17% in December to only 4% in February, an intolerable level for IBM. In addition, the competition promised to get tougher. Atari and Commodore are expected to introduce higher-quality home computers this year priced at less than $1,000. For IBM, it must have seemed like a good time to disinherit Junior...
Soviet agriculture is a continuing saga of failure. Last year's grain harvest was an estimated 170 million tons, down from 195 million in 1983 and well below the 1978 peak of 237 million. To offset agricultural shortages, the Soviet Union depends on imports. Moscow is expected to buy up to 52 million tons of grain, including at least 20 million from the U.S., in the period from July 1984 through June 1985, an increase of 52% over the previous year. Says Olin Robison, president of Middlebury College in Vermont and a Soviet expert: "A very sad fact about Soviet...
Adam Barr is best when he is ordinary Avan imperial Russian minister, he seems stiffer that even the role would call for. But as the straight man to cruel fate, he excels. He reaches his peak as a pathetic gouty banker descending into madness under the onslaught of an aggressive female...