Word: upwards
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...Soviet leader with the best chance of succeeding Premier Nikolai Tikhonov, who turns 80 in May, may well be Vorotnikov, in part because it is a logical step upward from his current position as premier of the Russian Republic. Like Gorbachev, he was a protege of Andropov, who apparently tabbed Vorotnikov to clean up corruption. Vorotnikov had conducted an earlier anticorruption drive with such fervor that he seemingly incurred the wrath of powerful enemies and was shipped off to Cuba as Soviet Ambassador from 1979 to 1982. But his star has ascended steadily since...
...coaxed the Japanese into five packages of trade liberalizations covering hundreds of products from golf balls to nuclear reactors, American sales in Japan are still as stunted as bonsai plants: $21.8 billion in 1981, only $1.8 billion more last year. In contrast, Japanese sales in the U.S. have streaked upward: $39.9 billion in 1981, a healthy $20.5 billion more...
Fountains spurt. Birds chirp. Organ music swells. The camera pans slowly upward, revealing a white cross against an azure sky. No television director could ask for a more inspirational opening. When the blue-robed, silver-haired Rev. Robert Schuller appears, there is no doubt about it: the star has arrived. Schuller stares directly at the camera, slices the air with crisp gestures and modulates his powerful voice from a basso profundo to an ingratiating whisper. His arena, the $18 million Crystal Cathedral (two freeway exits south of Disneyland), is, with its mirrored skin and soaring see-through interior, an extension...
Charlotte Fedders was reluctant to let the case go to trial, but the two sides could not agree on alimony and child support. Fedders insisted that they be based on his current Government salary, while his wife argued that they be scaled upward once he returned to private practice and cashed in on his cachet as a former SEC enforcement chief. That rich future is now less assured. Said one top Washington lawyer: "He may be a damned good securities lawyer, but he's going to find it tough to land a job in this town...
...though, investment could be stunted by the federal budget deficit, which is expected to hit a record $222 billion this year. As the economy expands, business borrowers will be competing more and more intensely with the Government for the limited pool of private savings, and that could put upward pressure on interest rates. So far, only the influx of foreign money, which amounted to $62 billion in the first three quarters of last year, has prevented a crunch. Perhaps the most sinister aspect of the budget deficit is that its effects are gradual and masked by the general prosperity. "Deficits...