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Both navies have been experiencing growing pains for some time. After 15 years of rapid expansion, the Soviet navy is larger than the U.S. fleet in numbers of warships (1,703 vs. 507). The Reagan Administration, however, has been trying to close the gap, with 118 ships currently under construction. Although the U.S. fleet will still not be as large as that of the Soviets, Lehman points out that "we don't need to match them ship for ship as long as we have the contributions of all the NATO navies." Together, the NATO powers at present have some...

Author: /time Magazine | Title: East-West: Moscow's Muscle Flexing | 4/16/1984 | See Source »

...operate the big, impersonal mainframe computers, which were isolated in air-conditioned rooms behind glass partitions. The software for these giant machines is still in place, keeping track of long-distance telephone calls, calculating interest on bank accounts, and sending out fund-raising letters for presidential candidates. But the rapid spread of personal computers has put software directly into people's hands. In fact, savvy specialists tell computer buyers first to find the software they want to use and only then to buy the machine that runs the software...

Author: /time Magazine | Title: The Wizard Inside The Machine | 4/16/1984 | See Source »

...activity in Honduras may soon include another air-sea exercise, involving some 30,000 American military personnel. The Pentagon last week confirmed plans for a massive training maneuver, known as "Ocean Venture '84," scheduled to take place between April 20 and May 6. Designed to test U.S. units in rapid deployment, Ocean Venture will stretch from the Caribbean to the Gulf of Mexico, the Straits of Florida and the U.S. Atlantic Coast. Units including the 82nd Airborne, the 26th Marine Amphibious Unit and some 250 Strategic Air Command and Tactical Air Command aircraft will take part in the operation. Among...

Author: /time Magazine | Title: Central America: And Now, the Main Event | 4/2/1984 | See Source »

...G.N.P. announcement touched off fears of an overheated economy that could bubble over into higher prices-fears that were not stilled by the report at week's end that the consumer price index rose only a modest .4% in February, a smaller increase than in January. If rapid growth continues and prices climb, the Federal Reserve can be expected to push up interest rates. They might eventually go high enough to cause a repetition of the spiral of 1980-81, when the record cost of borrowing brought on the 1981-82 recession...

Author: /time Magazine | Title: Volcker Is on the Spot Again | 4/2/1984 | See Source »

SENTENCED. Robert F. Kennedy Jr., 30, arrested last September for possessing two-tenths of a gram of heroin; to two years of probation, continued drug treatments and 1,500 hours of community service; in Rapid City, S. Dak. The suspended sentence, Circuit Judge Marshall Young told Kennedy, was standard for such a first offense and had "nothing to do with your name...

Author: /time Magazine | Title: Milestones: Mar. 26, 1984 | 3/26/1984 | See Source »

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