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...want to appear willing to improve Soviet-American relations, despite the hard-line rhetoric by President-elect Reagan and his advisers. For political and economic reasons, they would generally like to restore détente-on their terms. But their conciliatory tone also has a propaganda motive: if relations worsen once Reagan enters office, the Kremlin wants to be in the best possible position to blame the U.S. Amplifying the signal Moscow has been sending Reagan, Brezhnev's chief spokesman, Leonid Zamyatin, last week released exclusively to TIME an official statement reviewing the relationship between the superpowers as seen...

Author: /time Magazine | Title: World: Sow Today, Reap Tomorrow | 12/8/1980 | See Source »

Ironically, West Germany's economic problems now seem comparatively trifling. Inflation is on the rise, yet still only 5.3%; unemployment is just 3.8%. But these numbers will worsen next year when the growth rate, now a feeble 2%, is expected to drop to almost zero, as rising prices for imported oil and increased foreign competition weaken the heavily export-based economy. The balance of payments deficit, which was $1 billion in 1979, will probably balloon this year to $20 billion, which would be the highest of any industrialized nation. West Germany has also accumulated a national debt so large...

Author: /time Magazine | Title: Business: Wobbly Mark | 11/24/1980 | See Source »

...concessions made to Labor Leader Lech Walesa and his colleagues in Gdansk will, in the short run, worsen the economic picture. Not only will national income decline as a result of the strikes, but the promised wage increases will cost the government an inflationary $3 billion...

Author: /time Magazine | Title: World: Punching Bag on a Thread | 9/29/1980 | See Source »

...over the next three years and widespread reduction of Government regulation of business. The Carter proposal will focus on offering investment incentives to all industries and specific aid to those regions of the country that need technological overhaul, while charging Reagan with using a shotgun approach that will only worsen inflation...

Author: /time Magazine | Title: Business: Carter's Plan for U.S. Industry | 9/1/1980 | See Source »

...LEFT WING of the Democratic Party is not yet pushing up the daisies. It is far, however, from healthy. And the election campaign this fall will probably worsen the illness and make the symptoms more obvious...

Author: By William E. Mckibben, | Title: Waiting for Lefty | 8/15/1980 | See Source »

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