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...revolutionary new satellite called TDRS (for tracking and data-relay satellite). It will open up communications with spacecraft beyond the range of ground stations. Additional delays would play havoc with NASA's timetable, postponing the placing in orbit of as many as 30 other satellites. Rescheduling would also stall the launch of Spacelab, Western Europe's contribution to the shuttle program, now listed for a September flight on Challenger. Says one irreverent NASA official: "Abrahamson is praying, 'Engines, heal thyself...

Author: /time Magazine | Title: Space: A New Setback for the Shuttle | 3/14/1983 | See Source »

...budget dilemma cannot be ignored for long. TIME's economists agreed that unless action is taken to reduce the deficit, the recovery will sputter and stall. Without a doubt, forcing the Government to live within its means will be one of the greatest economic challenges of the decade. -By Charles P. Alexander

Author: /time Magazine | Title: Here Comes the Recovery! | 2/28/1983 | See Source »

...Soviets can achieve their cynical negotiating goals. America's NATO allies do not sit at the table in Geneva, but they do exercise a practical veto over the outcome. West Germany, in particular, is involved in an emotional debate over nuclear arms. While the Soviet negotiations could stall, NATO leaders would find it hard to risk the political heat of accepting the American missiles. "What the Americans need is more skill in presenting their case," one diplomat in Bonn observed bluntly last week. "Let's face it, we're not in a security argument...

Author: /time Magazine | Title: Uproar over Arms Control | 1/24/1983 | See Source »

...simply saying no and insisting on Reagan's zero-zero plan. Defense officials dismiss Andropov's bid as a mere propaganda ploy. They fear that if the U.S. makes a counterproposal, Moscow will ask European governments to delay installation of the American missiles while negotiations continue, then stall the talks endlessly, in effect blocking deployment of the Pershing IIs and cruises without yielding anything...

Author: /time Magazine | Title: A New Math for Nuclear Weapons | 1/10/1983 | See Source »

Once the Dow's record high had been broken, the institutional investors got the jitters. On Thursday thousands who feared that the rally might stall decided to take their profits while they had a chance. But individual investors, many of whom were jumping back into the market for the first time in years, continued to buy with abandon. As the deluge of orders poured in, the electronic tape that records trades lagged behind by as much as 64 minutes. When the selling frenzy ended, the Dow average of blue chips had lost 15 points during the day. Hundreds...

Author: /time Magazine | Title: Election Elation on the Street | 11/15/1982 | See Source »

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