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...laid," has been drubbed by several professional relief outfits. There is much rivalry among charitable institutions, and some of the pros, smarting from Geldof s high visibility and hyperactivity, have had harsh words. By their protective reckoning, Geldof and his Aid outfit are good at grabbing attention, slow on detail work and chary of bailing out other agencies. "I'm not an accountant," huffs Geldof, who is nevertheless adept at running down stats, from the average number of berries constituting the daily diet of a starving Sudanese (eight) to the number of Live Aid and Band Aid trucks ferrying supplies...

Author: /time Magazine | Title: Bob Geldof: All-Out Aid: Rock's New Spirit | 6/21/2005 | See Source »

...theory, a ban on underground nuclear tests would slow the arms race by making each side less confident that it could rely on new weaponry. It would at least be an important symbolic step. In mid-December, 46 U.S. Senators, including twelve Republicans, wrote Reagan urging him to resume test-ban talks to "demonstrate to the world that both you and Mr. Gorbachev are willing to take concrete steps to further reduce superpower tension." After years of tortuous arms-control negotiations, a test ban has the popular appeal of a quick and easy fix, harking back to the enduring...

Author: /time Magazine | Title: Test-Ban Talks? The two sides show some give | 6/21/2005 | See Source »

Halfway through 1985, the nearly three-year-old economic recovery seemed about to end. Second-quarter growth in the gross national product was a slow 1.1%, compared with 3.7% in the previous period. But the low level of inflation, about 3.5% for the year, enabled the Federal Reserve Board to ease up on interest rates. "The Fed is riding to the rescue," Economist Walter Heller said in May. As a result, more credit began flowing to businesses. Between April and July, the prime rate fell by a point, to 9½%, where it ended the year...

Author: /time Magazine | Title: The Year of Big Splashes | 6/21/2005 | See Source »

...Street and capitalism were changing." In fact, the author's chronicle of strife at Lehman Brothers is a good deal more persuasive than his tentative efforts to link an ugly power struggle to a supposed national preoccupation with quick results and a runaway trend toward bigness. The narrative is slow in starting, repetitive, and too often dotted with clichés and awkward syntax. It sorely lacks a detailed explanation of Lehman's management structure, and it is overburdened with irrelevant details such as whose dog was vomiting while key negotiations were under way. Still, the book's eventual energy...

Author: /time Magazine | Title: Power Struggle | 6/21/2005 | See Source »

...slicker seduced by the languid rhythms of bucolic life. For his camera just hunkers down, awhittlin' and aspittin' and oafishly gawking at these less than astonishing goings-on. Field is perky, Garner is wry in their familiar ways, but the film is basically a bottle of January molasses, running slow. And sticky. --By Richard Schickel SUGARBABY...

Author: /time Magazine | Title: Cinema: Growing Up, Old and Fat | 6/21/2005 | See Source »

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