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...kind of stores you see are the kinds that service a poorer class--you've lost the carriage trade and the middle class working people," Caragianes' wife Ethel adds...

Author: By William E. Mckibben, | Title: Caragianes: A Voice for Cambridgeport | 2/19/1980 | See Source »

Economic Reform. The group proposes the creation of a new international financial institution where the poor countries would have a stronger voice in bankrolling further development. Brandt calls for the establishment of an international tax, perhaps on trade or arms shipments, with the proceeds going to the poorer nations. The troubled world money system should be reformed to restore greater stability among the leading currencies...

Author: /time Magazine | Title: Business: Brandt Sounds the Tocsin | 2/18/1980 | See Source »

...turned from potential separation by Quebec from Canadian confederation to the possibility of Albertan secession. Alberta has felt shackled by Canada's regional economic inequities. The wealthier provinces, particularly highly-industrialized Ontario, oil-rich Alberta and resource-rich British Columbia have traditionally offered support to the country's poorer regions. But the booming economy in Alberta has made Albertans impatient, headed by the outspoken Lougheed. The advantages of remaining in confederation have been increasingly eclipsed for residents of Clark's home province...

Author: By Laurence S. Grafstein, | Title: Trudeau Redux | 1/25/1980 | See Source »

...festivities were supercharged with hatred between competing camps of revelers. The parades of these mock "kingdoms" had sinister overtones. Masquers of Paumier's Sheep Kingdom carried rakes, brooms and flails, wore shrouds and grimly offered "Christian flesh" for sale. Guerin's ostentatious Partridge Kingdom mocked the poorer townsmen with price lists offering luxuries for a pittance. More immediately threatening was the Partridge army-a real one - whose men carried new arquebuses and long Swiss pikes. The troops went into action during the notables' masked ball at the city hall on the night before Mardi Gras. They spread...

Author: /time Magazine | Title: Books: Death Masque | 1/7/1980 | See Source »

While OPEC becomes richer, the rest of the world will grow poorer. For example, suppose oil hits $30 before the end of next year. Instead of a projected balance of payments surplus in 1980, the U.S. could wind up with a deficit of $15 billion, further weakening the dollar.* Overall, the combined balance of payments deficit for all industrial nations would climb from this year's $16 billion to perhaps as much as $40 billion in 1980. Developing nations would be hurt worst, since many of them have no exports of real value to count on at all. Their...

Author: /time Magazine | Title: Business: Here They Come Again | 12/17/1979 | See Source »

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