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...growing Asian economies. The "Four Tigers," as South Korea, Hong Kong, Taiwan and Singapore are known, posted a $38.4 billion trade surplus with the U.S. last year, up more than 20% from 1986. To narrow ( the gap, U.S. officials have tried, with little success, to persuade the four to strengthen their currencies relative to the U.S. dollar, so that their exports would no longer be such bargains to U.S. consumers. Last week the President retaliated by eliminating the countries' special trade privileges, which had allowed them to import many products into the U.S. duty-free. But the Tigers still have...

Author: /time Magazine | Title: TRADE: Roaring Back At the Tigers | 2/8/1988 | See Source »

...contretemps featuring George Bush and CBS' s Dan Rather may help the Vice President bury his "wimp" image and strengthen his Iowa campaign. -- Rather' s high- strung and combative style make him television' s most controversial anchorman. -- In the kingdom of television, there are a thousand different styles, rituals, protocols. See NATION...

Author: /time Magazine | Title: Time Magazine Contents Page | 2/8/1988 | See Source »

...issue for two weeks and has put the contras among the top foreign policy priorities for his final year in office. Only a day earlier, Reagan had offered one final compromise giving Congress more say in the military aid. He argued that failure to extend aid would strengthen communist influence in the hemisphere...

Author: NO WRITER ATTRIBUTED | Title: House Votes Down Contra Aid Package | 2/4/1988 | See Source »

...subpoenaed to appear before a grand jury in Miami that is looking into charges that Noriega extracted protection money from drug traffickers based in Panama. Until last week, according to U.S. Government sources, some federal investigators felt they lacked sufficiently compelling evidence to indict Noriega. Blandon's testimony could strengthen their case -- especially if, as D'Amato says, the former consul general can provide documents and tape recordings to back up many of his allegations...

Author: /time Magazine | Title: Panama Moving Against The General | 2/1/1988 | See Source »

Afterward Defense Secretary Rafael Ileto quit, complaining of insufficient support for his efforts to strengthen the armed forces in the face of a Communist insurgency and a dissident movement within the military, and Aquino was forced to carry out a Cabinet shuffle. Ileto's successor: Armed Forces Chief of Staff Fidel Ramos, 59, one of the heroes of the 1986 military revolt that deposed former Dictator Ferdinand Marcos...

Author: /time Magazine | Title: The Philippines: A Mixed Win For Cory | 2/1/1988 | See Source »

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