Word: primed
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Dates: during 1970-1979
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...most difficult problems facing both the Carter Administration and the new British government of Prime Minister Margaret Thatcher is what to do about Zimbabwe-Rhodesia, as the breakaway British colony will be known after the June 1 installation of a black-led government headed by Methodist Bishop Abel Muzorewa. Both Washington and London would like to move cautiously on the questions of whether to recognize the new Salisbury government and whether to lift the economic sanctions currently in effect against Rhodesia. Neither capital is convinced that Muzorewa can run his country effectively, and neither is anxious to offend black African...
That plan went awry last year when Rhodesian Prime Minister Ian Smith made a shrewd deal with three moderate black politicians to form an interim black-white government and prepare the country for his own version of black majority rule. That version enables the country's 212,000 whites to have a disproportionately large representation in Parliament and retain control over the police, the army, the judiciary and the civil service for at least ten years. Last month's elections, though far from perfect, were successful to the extent that they produced a black Prime Minister...
Some Tory right-wingers would like the Thatcher government to recognize the new government in Salisbury immediately. The Prime Minister, however, is well aware that Britain cannot afford to offend African members of the Commonwealth. One index of their growing importance is that Britain's trade with Nigeria now exceeds its trade with South Africa. Nevertheless, as an indication of current Tory sentiment, Thatcher has decided to send a senior envoy to Salisbury, replacing the junior official there now The prevailing view in Whitehall, however, appears to be that action on both recognition and sanctions can be delayed until...
During the recession, TIME'S economists expect, the real gross national product will decline by only 1% or 2% before recovering next spring. Still, that will be enough to weaken loan demand and cause overall interest rates to turn down. The economists expect the banks' prime lending rate to rise from the present 11¾% to 12½% or 13% in early summer, and then decline, perhaps sharply. Thus, the stock market should rise later this year. Wall Street rallies often begin during recessions...
...captivates an audience that runs to a nightly third of all the men, women and children in America. Images flow out over the population to be absorbed, statisticians insist, at the appalling average rate of 29 hours per week per citizen. The cash flows in. A minute of network prime-time advertising can sell for up to $140,000, or enough to pay the salary of seven or eight high school English teachers for a whole year...