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...which now seems stuck at more than $50 billion a year. After shrinking during much of 1988, the trade gap widened significantly last November, leading some economists to conclude that the improvement has at least temporarily stalled. The trade gap has defied such remedies as the dollar's steep two-year decline, which was expected to slow Japanese exports to the U.S. by making them more expensive. One reason for the lack of success is the still considerable U.S. budget deficit (fiscal 1988 total: $155 billion), which overstimulates the American economy and its demand for Japanese products...

Author: /time Magazine | Title: Tiptoe Through the Tensions | 2/13/1989 | See Source »

Statistics show steep declines in science concentrators. From 1983 to 1987 (when the total number of under-graduates remained almost constant), the number of biochemistry concentrators dropped from 300 to 212. In that same span, the number of chemistry concentrators fell from 93 to 74. And from 1985 to 1987, the number of biology concentrators went from 432 to 340. These amount to 20 to 30 percent drops in laboratory science concentrators...

Author: By Albert Y. Hsia, | Title: Scared Off by Science | 1/25/1989 | See Source »

...strike was triggered by sharp government-ordered rises in the prices of key commodities, including sugar and cigarettes. To cushion the steep hikes, the government approved pay raises for both public and private employees, supplementing incomes by as much as 500%. But the ploy did not work...

Author: /time Magazine | Title: Sudan: Anywhere But Here | 1/9/1989 | See Source »

...blocked passage and inflated. Atherosclerotic plaque is crushed against the artery walls, widening the blood pathway. Yet another delicate operation entails tying off penile veins that fail to close during sexual arousal, thus allowing blood to leak away from the penis and inhibiting an erection. Vascular operations carry steep price tags...

Author: /time Magazine | Title: Health & Fitness: It's Not All in Your Head | 12/5/1988 | See Source »

...Shamir finds the price too steep, he might possibly offer Labor a junior partnership in a rejiggered grand coalition. Many Labor leaders want no part of such a deal, but neither are they willing to seek a lesser coalition with the small parties. Declared Energy Minister Moshe Shahal: "It would be better to spend some time in opposition than yield to ultra-religious and ultra- nationalist demands." For Shimon Peres, either choice would be humiliating. After three campaigns in which he failed to deliver a Labor victory, pressure is growing on him to step aside as party leader...

Author: /time Magazine | Title: A Move to The Right | 11/14/1988 | See Source »

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