Word: weakenings
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Britain's political lineup will now pit the newly created Social and Liberal Democrats and Owen's breakaway party against the leftist Laborites and Prime Minister Margaret Thatcher's Conservatives. Though the new parties hope to weaken the Conservatives' mandate, they could have precisely the opposite effect. By dividing an already weak opposition even further, they just might give Maggie Thatcher's Tories a real shot at governing England for the rest of the century...
...Foreign Minister in the national unity government, suggested that the elections scheduled for November be moved up in hopes of producing a government better able to deal with the crisis. Predictably, Prime Minister Yitzhak Shamir, head of the right-wing Likud bloc, rejected the idea, saying it "would weaken our standing in the eyes of the Arabs...
...also not looking to quickly wash away the guilt that has wrenched my soul and I suspect the souls of many fellow Jews. I criticize because I fear that Israel is destroying itself and just as the Jewish state provides strength to all Jews its destruction will weaken all Jews...
...only a "proposal" and painted instead a picture of a Swiss-style large reserve army. But Ortega was trying to have it both ways. While aiming to soothe Washington, he was playing to audiences at home, where both Miranda's charges and peace talks with the contras threaten to weaken Sandinista support. In a speech the same day, Ortega warned that if the Sandinistas lost an election they would step down but would lead an insurrection if they disagreed with the new government's policies. Ortega warned the opposition parties to watch their step. If the opposition gets too cozy...
...dissenters in TIME's poll believe a downturn is already on the way. Irwin Kellner, chief economist for Manufacturers Hanover Trust, forecasts that GNP will contract by 1.5% next year. "Consumer spending is weak and likely to weaken further," he says. "Wages have just not kept up with inflation." Johsen Takahashi, of the Mitsubishi Research Institute in Tokyo, predicts a .5% decline for the U.S. economy in 1988: "The stock market will take another plunge next year, as will the dollar." The outlook, he warns, is "very...