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...expressed concern over a possible Communist Cabinet role, while lunching at the Elysée two weeks ago. Aides to Helmut Schmidt hint that the Chancellor will drive the same message home to Mitterrand when the two meet in Luxembourg this week. In spite of such pressures, some Mitterrand-watchers predict that he will bring a few Communists into the government, if only to satisfy his longstanding ambition to "unify France's left...

Author: /time Magazine | Title: France's New Look | 6/29/1981 | See Source »

...junior and whom I saw play--and win--many times after I had lost yet another grueling three-setter in the third round at the Port Washington Tennis Academy. I don't know what has become of Jimmy Arias since I heralded him last year, but I can safely predict John McEnroe will be a prominent name in tennis circles for some time...

Author: By Paul M. Barrett, | Title: Big Mac and His Flying Raquet | 6/26/1981 | See Source »

What the Israelis took less than three minutes to destroy had been developing since the mid-'70s, when Saddam Hussein, Iraq's dictatorial President, made a nuclear shopping trip to Paris. The Israeli Defense Ministry soon began to predict that the Iraqis would be capable of producing atom bombs within four to six years. In September 1975, a Lebanese newspaper article quoted Hussein as saying that the nuclear program was "the first Arab attempt toward nuclear arming, although the official declared purpose of construction of the reactor is not nuclear weapons." A similar statement was made in 1977 by Naim...

Author: /time Magazine | Title: Attack - and Fallout: Israel and Iraq | 6/22/1981 | See Source »

...fact, the prospect of a bruising battle, with an outcome neither side could predict, that prompted the long compromise negotiations. Those talks began fairly promisingly. Though the President had campaigned for the "10-10-10" plan-10% cuts in income tax rates in each of the next three years-Republican and Democratic congressional leaders and Treasury Secretary Regan readily agreed to reduce the initial cut to 5%, and to delay it from July 1 to Oct. 1, the start of a new fiscal year. That will hold down the deficit for fiscal 1981, which is already estimated...

Author: /time Magazine | Title: Hell Do It His Way | 6/15/1981 | See Source »

Many American economists now predict a reduction in inflation to around 8% by year's end, and growth in real terms of a modest 2.3%. Said Brittan: "A lot of the relative optimism depends on a quirk in your Consumer Price Index, which can show substantial short-term fluctuations with little change in the underlying rate of inflation." The annual core inflation rate in the U.S., which is closely linked to wage rates, is now about...

Author: /time Magazine | Title: A Timid Recovery for Europe | 6/15/1981 | See Source »

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