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...slim chance. In Moscow the economy was already slipping out of control--some prices jumped as much as 10% to 30% in a week. If the government responds to social pressures by printing new money, the result would be an acceleration into hyperinflation. "Things are going to get worse before they get better," says Robert Froehlich, chief investment strategist at Scudder Kemper Investments. "When you have a devaluation, the next thing that happens is the economy slows down [further], and then the final thing is that you tend to have social unrest. So it's sort of a roadmap...

Author: /time Magazine | Title: The Price Of Failure | 9/7/1998 | See Source »

...civil rights leader in the hopes of answering the 30-year-old question: Did James Earl Ray act alone? But TIME Atlanta bureau chief Sylvester Monroe says that because of the investigation's limited scope -- only new evidence and witnesses allowed -- the chance of obtaining more satisfying answers are slim...

Author: /time Magazine | Title: Ray of Hope for King Family | 8/26/1998 | See Source »

...TIME science correspondent Michael Lemonick points out that this shaggy dog story may go on and on. And on. Indeed, "it's silly," says Lemonick. "In the other cloning experiments they tried many times on many animals with many failures. In this case the chances are quite slim." Lemonick says that in the wake of the mouse cloning success, many other initiatives are being pursued that, while less cuddly than the second coming of Missy, actually have far more practical applications. "There's much bigger money to be made in cloning sheep," he says. But when was the last time...

Author: /time Magazine | Title: Rover Redux | 8/25/1998 | See Source »

...edge of prosecutorial ethics. Clinton over the years has shown a great capacity for self-pity, but in this sense it is partly deserved: no ordinary citizen would face Clinton's present excruciating legal bind. No ordinary errant male would face a special prosecutor with four years of relatively slim results and an ever expanding mandate to search for potential illegality. No regular prosecutor could spend unlimited resources prosecuting perjury in a civil deposition about a sexual matter in a case that has been dismissed. And any private citizen finding himself in the cross hairs of a grand jury would...

Author: /time Magazine | Title: Ken Starr: Tick, Tock, Tick... ...Talk | 8/10/1998 | See Source »

...themselves in no mood to deal. Democrats on the Hill, who had acceded to Bowles' pleas to accept things they hated, like the marriage-penalty tax cut, found themselves burned when the Republicans walked out anyway. Their only hope for regaining their majority in November--and it's a slim one--is in getting voters riled against a Republican majority that happens to be enjoying some of its highest approval ratings ever. Democrats are relishing the prospect of labeling the Republicans in November as captives of Big Tobacco and a do-nothing bunch of laggards. Within 24 hours, their pollsters...

Author: /time Magazine | Title: Up In Smoke | 6/29/1998 | See Source »

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