Word: slashings
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...Western world in recent months has faced an unusual series of crises and alarums involving its monetary system. The pound has been attacked, the dollar's value questioned; gold is again and again the subject of debate. To narrow its payments gap, the U.S. has had to slash its foreign lending and investment-and has done it so successfully that many Europeans are now worrying about a money shortage. The latest development came last week when Britain, in an effort to correct its payments deficit, was forced to curb its domestic buying power and overseas investments, a move that...
...cover story might well have been an Essay were it not for Artist Boris Artzybashefr's compelling fascination with the unhuman condition and his gift for rendering machines as covers. To complement his study of the care and feeding of a computer at work, the cover slash depicts a segment of five-channel, punched paper tape used to get man's message (known as "input" in the new vocabulary) into the machine. The story throws new light on how pervasive the computer is becoming in our society, but it also makes clear that it is a new breed...
...performance makes one care about him. Gagliano has a gift for capturing the acrid flavor and jagged tempo of the city's mental and physical derangements. A blind man, his white stick rattling frenetically, goes into a convulsive attack of "the crazies" as the city's noises slash unendurably at his brain. A girl (Linda Segal) is raped by a pair of subway toughs, and the agony of it is its casual lack of horror. Despite the madness and the hurt, Playwright Gagliano keeps a funny tongue in his head, and, after a fashion, even redeems his antihero...
...been brilliant and exasperating before this. In a dozen earlier novels he has illuminated dark corners of everything from ancient Egypt to feudal Japan, from the gory Renaissance legend of the Duchess of Amalfi to the aftermath of the assassination of Lincoln. In each, over the violent pulse and slash of ancient action broods a satanic modern intelligence. He is unique for the wit and sinewy pertinence of his asides. And until now, his story lines have also been clearly muscled, if often knotty...
...balance of payments. Under it, dollars held by foreign citizens or private banks would not be considered liabilities, as they are now, while dollars held by foreign governments and central banks would continue to be so considered. If the U.S. were to adopt that system of accounting, it would slash its payments deficit ($3 billion last year) in half...