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...falling dollar is good for one thing: it makes our products cheaper for foreigners to buy. But this hasn't narrowed our trade deficit with Japan, which stands at about $60 billion a year; nor has it done much to shrink our $10 billion deficit with Germany. And while some currency watchers say our government wants the dollar to fall so low that even the Japanese won't be able to resist buying U.S. goods, this game of chicken has shown few signs of success. Each time the dollar has fallen sharply in the past 25 years, the Japanese have...

Author: /time Magazine | Title: On the Money | 7/4/1994 | See Source »

...world had roughly 3.9 billion people and was growing by 80 million a year. Since then the world's population has grown nearly 1.7 billion, and it now increases 90 million annually. Today the Green Revolution falters, ecosystems are badly degraded and fresh-water supplies continue to shrink. It is open to question whether the world can feed the 3 billion to 5 billion mouths that will be added during the next 50 years.Refugees produced by population pressures in Africa and Asia already threaten to destabilize nations...

Author: /time Magazine | Title: Population: the Awkward Truth | 6/20/1994 | See Source »

Just once you'd like to start out early, free from memory and lighter for it. Like Adam, on that first day: alone but cheerful, no fear of the maker, anything his for the naming; nothing to shrink from, nothing to shirk, no lot to carry that wasn't by choice...

Author: By Tracy K. Smity, | Title: The Ordinary Life | 6/9/1994 | See Source »

...Shrink chain paying record $300 mil. plus to settle fraud charges

Author: /time Magazine | Title: Winners & Losers: Apr. 25, 1994 | 4/25/1994 | See Source »

...Urals or Siberia. Today the cities are no longer secret, but life there has changed for the worse. Scientists earn less than $100 a month, and political control remains in the hands of the military, the KGB and former Communist Party officials. As factory subsidies erode and payrolls shrink, thousands of Russia's most talented researchers and millions of factory workers are struggling just to survive. They have thrown open the doors on a backcountry yard sale, offering all comers bargains in everything from highly sophisticated conventional- weapons systems to rare and strategic metals. "This is a very worrisome problem...

Author: /time Magazine | Title: Arms Trade: Arms Trade | 4/18/1994 | See Source »

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