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Staying in first place this year won't be easy. The Commerce Department said last week that exports in January fell for the third month in a row. While the trade deficit for the month did shrink to $5.77 billion from $6 billion in December, that was largely because of fewer imports. To no one's surprise, the biggest trade imbalance in January was with Japan. But to thwart any hard feelings, Tokyo said it would lower the maximum number of autos it can sell annually in the U.S. by 28%, from 2.3 million to 1.65 million...

Author: /time Magazine | Title: Trade: No Kidding, We're No. 1? | 3/30/1992 | See Source »

...also far costlier. The 22,000-strong Cambodia enterprise carries a price tag of $1.9 billion over 15 months. In Yugoslavia, where hostilities continue to flare despite a formal cease-fire, the 14,000 troops begin with a one-year budget of $600 million, which is more likely to shrink than grow. But the commitment to protect Serbian enclaves in three war-ravaged areas of Croatia is open-ended, to allow for extensions in the negotiations being conducted by the European Community in Brussels. These two operations alone will cost more than three times the amount that the U.N. spent...

Author: /time Magazine | Title: Diplomacy: The U.N. Marches In | 3/23/1992 | See Source »

...seems to me that the logical extension of my argument is to oppose Harvard's funding of Hillel meals," Ignatiev said. "If that is the logical extension of what I'm saying, then I do not shrink from saying that and I do not shrink from the consequences...

Author: By Stephen E. Frank, CRIMSON STAFF WRITER | Title: Dunster Tutor Defends Views on Toaster Oven | 3/12/1992 | See Source »

...round of 17,000 cutbacks and the closing of an engine plant in Flint and an assembly line in Willow Run in favor of an assembly line in Arlington, Texas. Michigan U.A.W. leaders raised the threat of strikes against further actions. Most industry analysts agree that GM needs to shrink its inflated bureaucracy and underutilized capacity. But is the company quietly crafting another strategy? Some GM sources suggest so. Plans to expand the Texas production site and relocate an engine plant from Moraine, Ohio, to Toluca, Mexico, indicate that GM may be planning to head for the friendlier, less unionized...

Author: /time Magazine | Title: Automobiles: Heading for The Border | 3/9/1992 | See Source »

...sluggish national economy took its toll on Harvard last year, causing the endowment to shrink by approximately $50 million, according to the University's annual financial report...

Author: By June Shih, CRIMSON STAFF WRITER | Title: Recession Hits Endowment | 2/14/1992 | See Source »

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