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...construction of nuclear plants in 1987 and is the E.C.'s largest oil importer, is more exposed. Britain is the Community's only significant crude producer; its inflation rate, already 9.8% annually, is likely to climb higher, at least in the short term. But next year, some British forecasters predict, prices could start falling...

Author: /time Magazine | Title: The Gulf: What's That Cracking Noise? | 9/10/1990 | See Source »

...Brazil the oil shock strikes just as President Collor de Mello's radical anti-inflation regime, which includes a tight monetary policy, is beginning to show results. Inflation, which hit 73% a month before the plan took effect last March, has cooled to less than 13%. Government officials predict that Brazil will lose $3.3 billion because of higher oil costs and loss of exports through 1991. If prices stay at $25 per bbl., next year's energy bill will grow $2 billion. As a result, Brazil may not resume payments on its foreign debt of $115 billion...

Author: /time Magazine | Title: The Gulf: What's That Cracking Noise? | 9/10/1990 | See Source »

...with Aspin, but the Senate's response is unpredictable. Armed Services Committee chairman Sam Nunn admits that the Stealth is in worse trouble than ever: "Chairman Aspin's decision will make the fight to preserve the B-2 an uphill battle." The fight could turn on economics. Some experts predict that killing the B-2 would mean the demise of its builder, the Northrop Corp., and the loss of at least 12,000 jobs...

Author: /time Magazine | Title: Defense: Will Stealth Disappear? | 8/6/1990 | See Source »

Whenever they choose candidates for the Supreme Court, Presidents must decide whether to select known quantities whose votes they believe they can reliably predict or to go with gifted independents, putting faith in their judgment if not their loyalty. Americans will learn which category Souter fits into only if they see his rulings on the court. For that matter, Souter himself may not know until then...

Author: /time Magazine | Title: A Blank Slate | 8/6/1990 | See Source »

Renehan said that he argued for many of the other plaintiffs in the various cases around the country. He declined to predict when the panel might rule on the motion to transfer the cases. A court clerk said such a decision "could come at any time...

Author: By Joshua A. Gerstein, SPECIAL TO THE CRIMSON | Title: Firms Join Merrill Lynch Suit | 7/31/1990 | See Source »

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