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...form a government. The first two failed. Despite the esteem in which he is held, he was not given a much better chance to succeed than Forlani. Whatever the outcome, though, the new mandate virtually guaranteed that the crisis would drag on, as repercussions from the Masonic affair shake the nation's Establishment...

Author: /time Magazine | Title: Italy: Forlani Gives Up | 6/22/1981 | See Source »

When Ronald Reagan and Mexican President Jóse López Portillo shake hands this week at Camp David, they will do so warmly, for the two got along quite well last January during the President-elect's visit to the border city of Ciudad Juárez. But as soon as the two leaders sit down and begin talking policy, the warm feelings may cool. As one U.S. diplomat observes, "Their basic positions evolved separately and are in conflict. Frankly, I wish they would just agree to disagree...

Author: /time Magazine | Title: Speak Loudly, Sell Big Sticks | 6/15/1981 | See Source »

When Coleman Alexander Young laughs, as he often does, his face crinkles into a wide grin and his shoulders shake gently. But Detroit's Democratic mayor has little to be cheerful about these days. Hit by one of the deepest recessions since the 1930s, the Motor City has an unemployment rate of 16% and faces a deficit of $120 million this year. Admits Young, 63, with typical bluntness: "Detroit is in deep trouble...

Author: /time Magazine | Title: Trapped Between Pain and Agony | 6/15/1981 | See Source »

Even though the Elis usually outnumber the Crimson fans, Harvard traditionally dominates on the river itself. Since 1962, the Eli varsity has each year surrendered its racing shirts to the Crimson. So as the two crews pulled together at the finish to shake each others hands Sunday, a winning streak of 18 years was over...

Author: By Elizabeth L. Harpel, | Title: Sunday Afternoon on the Thames | 6/2/1981 | See Source »

...reaper, the company was directed primarily by the McCormick family until 1977. But Chairman Brooks McCormick, Cyrus' great-grandnephew, then admitted that the firm had become "stodgy." Said McCormick two months before his retirement as chief executive officer: "We've been a slumbering giant. We need a shake-up and a darned good...

Author: /time Magazine | Title: Hard Times at Harvester | 5/25/1981 | See Source »

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