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...chorus line of cheerleaders kicked and a bevy of multicolored balloons rose in the sky, a huge cloth dropped to reveal a two-story model of a camera. Polaroid was pulling out all the f-stops to introduce the Spectra, a new instant camera that will sell for a steep...

Author: /time Magazine | Title: Photography: Pulling Out the F-Stops | 4/14/1986 | See Source »

Most shipowners around the world now avoid the steep costs of union wages and government regulations at home by registering their fleets with developing countries, notably Liberia, Cyprus and Panama. The latest popular flag belongs to a tiny South Pacific island group, Vanuatu, which charges a bargain- basement registration fee of $14,460, even lower than Liberia's $21,005. Vanuatu's fleet now numbers 100 ships...

Author: /time Magazine | Title: Sailing Off the Deep End & | 3/3/1986 | See Source »

...steep slide early in the week occurred when members of the Organization of Petroleum Exporting Countries confirmed that the group has in effect abandoned any effort to curb its production, thus ensuring a worsening global glut. Meeting in Vienna under dark snow clouds, a committee of oil ministers from five OPEC nations--Venezuela, Indonesia, Iraq, Kuwait and the United Arab Emirates--declined to propose any new output limit for the 13- member group. Their decision goes along with the strategy being pursued by Saudi Arabia, Kuwait and other wealthy oil producers, who are flooding the market with excess petroleum. These...

Author: /time Magazine | Title: the Price War Is Here | 2/17/1986 | See Source »

...steep decline in world oil prices is good news for U.S. consumers, who can celebrate by turning up their thermostat a touch or taking a trip in their Winnebago. Falling energy costs are also invigorating the stock market, where the Dow Jones industrial average rose 41.06 points last week to close at a record 1570.99. But for the once flush U.S. petroleum industry, no gushers of champagne have flowed since 1981, when the value of oil peaked. And last month's 25% drop in crude prices is bringing even more failures and layoffs to the Energy Belt. Last week...

Author: /time Magazine | Title: A Gusher of Gloom in the Oil Patch | 2/10/1986 | See Source »

...such results can be steep. Reading Game generally teaches pupils for 48 hours, costing a total of about $1,000. Sylvan recommends 36-hour blocks ($900); Huntington averages roughly 120 hours ($2,600). Says Nell P. Eurich, a trustee of the Carnegie Foundation for the Advancement of Teaching and an expert on remedial training: "My only concern is that so few people can afford this type of program." Yet there has been no shortage of applicants to the centers ever since Reading Game Founder and President Kenneth Martyn opened his first one in Huntington Beach 16 years ago. Martyn...

Author: /time Magazine | Title: Education: Teaching the Three Rs for Profit | 2/3/1986 | See Source »

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