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...other hand, Mitterrand had domestic political motives for going public with his criticism. Before his government was forced into the current round of austerity measures, Mitterrand launched a program of Socialist pump priming, at a time when most other industrialized countries found it necessary to cut back. Result: domestic inflation is still 9%. With public support for the Socialists in France slipping badly, Mitterrand is using the U.S. as a convenient scapegoat...

Author: /time Magazine | Title: Playing It Loose at the Summit | 5/30/1983 | See Source »

...cannot hold for all the nations above Israel on the list; some of the regime's best trading partners are oil-rich Nigeria and Zaire, both thousands of miles to the north. Most blatant of all is the hypocrisy of the Arab states which proposed the Vienna conference, which pump 400,000 barrels of oil a day into the apartheid economy. And the Daily Times of Nigeria reports that even armaments destined for Saudi Arabia and Iraq mysteriously find their way to South Africa. Kenyan newspapers regularly carry stories of Arab investments in South Africa, and their widespread purchase...

Author: By Jesse M. Fried, | Title: The Same Old Song | 5/27/1983 | See Source »

...adventurous S and Ls are starting to branch out beyond mortgages and look for new places to put their money. Western Savings & Loan of Phoenix (assets: $2.6 billion), Arizona's largest thrift, has assembled a nationwide group of S and Ls that plans to pool its cash and pump more than $1.5 billion into commercial loans to corporate borrowers. Such lending is permitted under the 1982 Depository Institutions Act, which lets thrifts make a wide range of loans that had previously been off-limits...

Author: /time Magazine | Title: Finally Off the Critical List | 5/23/1983 | See Source »

...rate to 19.2% before the walkout, and the strike sent it to more than 40%. A wave of corporate defections has compounded the city's problems. Pabst Brewing and Hiram Walker have pulled out of the central-Illinois community in the past two years. Now Caterpillar paychecks will pump badly needed money back into the city and help sales of cars, stereos and refrigerators...

Author: /time Magazine | Title: Cat Purrs | 5/9/1983 | See Source »

...University should pump in more money, but the initiative should come from the individual departments since they know their own interests best," he added...

Author: By Christopher J. Georges, | Title: Socrates Moves Into the Space | 4/27/1983 | See Source »

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