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Ever since his election, Ronald Reagan has sounded the theme of a new, "constructive" tilt in U.S. relations with racist South Africa. As the President has put it, "Can we abandon a country that has stood beside us in every war we've ever fought, * a country that strategically is essential to the free world?" Translating that concern into policy, however, has turned out to be a complex and tricky business. Just how much so became clear last week as fragments emerged of the evolving U.S. plan for handling an explosive issue that pits South Africa against black Africa...

Author: /time Magazine | Title: Namibia: Puzzling Package to Wrap | 6/15/1981 | See Source »

Rostenkowski's options were suddenly unattractive. He could abandon hopes of a compromise, as his leader Speaker Tip O'Neill advocated, and thereby provoke a direct confrontation with the Administration. That would leave him open to an end run by the White House, which a month ago corralled enough conservative Democrats on the budget vote to humiliate the House Democratic leadership. Perhaps as bad, Rostenkowski could wind up winning a hard-fought vote against the Administration-only to have his party share the blame henceforth for unsolved economic ills...

Author: /time Magazine | Title: The Best-Laid Plans... | 6/8/1981 | See Source »

...specialization. Says James Alef, a vice president of the First National Bank of Chicago: "It is increasingly difficult for a bank to be all things to all people." Many of the larger banks have decided to reduce their consumer business. The $50.6 billion Morgan Guaranty Trust Co. did not abandon its retail clients completely; it simply instituted a $60 monthly fee on checking accounts with balances of less than $5,000, a quick way of brushing aside all but the well...

Author: /time Magazine | Title: The Savings Revolution | 6/8/1981 | See Source »

...beginning of the first film. Accidentally released from bondage, they make their way to earth with intent to take over the territory. Since each has powers equal to those of Superman, their ambition does not seem unreasonable-particularly since, under Kryptonic law, Superman has been forced to abandon his unearthly strength in order to pursue his dalliance with Earthling Lois...

Author: /time Magazine | Title: Cinema: Flying High | 6/8/1981 | See Source »

...president of Harvard Real Estate--were unavailable for comment yesterday. The 22 percent increase scheduled for July follows a 19 per cent jump last year, and tenants say the rent hikes have far outpaced salary increases. The BGTA said in a letter to Bok last week that HRE should "abandon" its attempts to make money from the faculty housing, and instead continue to subsidize the development...

Author: NO WRITER ATTRIBUTED | Title: Tenants Angered by University Actions | 6/2/1981 | See Source »

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