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...governments will form five vaguely defined "working groups," each with a six-month mandate to discuss certain issues: economics, nuclear power, science and technology, space and "militaryindustrial relations." The economic issues are most important. Washington, for instance, objects to Brazil's subsidies of exports to the U.S., especially of shoes, orange juice, steel and airplanes. Instead, Brazil wants more direct American aid. In a deft but easy bit of diplomacy, Reagan invited Brazil to send a prospective astronaut to the U.S. for training and, eventually, to fly on a space shuttle mission. (The President is copying the Soviets...

Author: /time Magazine | Title: Yanqui on a Southern Swing | 12/13/1982 | See Source »

That subsidized teenagers would displace skilled adult workers is highly unlikely; rather, it is the low-wage adults, with whom teenagers usually compete for jobs, who might be replaced. A new proposal could set a six-month minimum of employment for full-time teenagers hired under this tax credit. That, at least, would prevent employers from firing newly-hired teenagers as soon as they came of age. Also, reduced labor costs resulting from the present freeze of the minimum wage as inflation continues to climb, together with the tax credit, will encourage employers to hire more workers...

Author: By Mary Humes, | Title: A New Tax Credit | 12/8/1982 | See Source »

...referendum is the most exhaustive account of student opinion on the Law School's hiring policies since the beginning of a six-month long controversy over a winter terms civil rights course taught in part by a white professor. Minority leaders called a boycott of the course to highlight the low representation of minorities and women on the school's faculty...

Author: By Merin G. Wexler, | Title: Majority of Law Students Vote In Favor of Affirmative Action | 11/23/1982 | See Source »

...six-month federal investigation that resulted in the arrest of De Lorean and William Morgan Hetrick, 50, who was described by investigators as "one of the largest drug smugglers in Southern California," was cited as an example of the new spirit of cooperation among the often feuding federal agencies involved in stopping the drug traffic. In fact, it was one of the first interagency drug investigations since Attorney General William French Smith announced on Jan. 21 that the FBI would throw its resources fully into the antidrug fight. Before then the smaller Drug Enforcement Administration had carried the main burden...

Author: /time Magazine | Title: The Bottom Line... Busted | 11/1/1982 | See Source »

...confusion is compounded by the uncertainty of the economy itself. Since last spring, short-term interest rates have dropped dramatically, dragging down the yields on everything from money-market funds, which have slipped from 13.7% to a mere 9.7%, to six-month bank certificates, which have slumped even more, from 14.6% to 9.7%. But no one can be sure whether the trend will continue and, if so, for how long...

Author: /time Magazine | Title: Amid the Money Muddle | 10/11/1982 | See Source »

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