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...joint operating agreement with the Times, under which it used the larger paper's business and production services while retaining its own editorial staff. In 1977 it decided to back out of the pact and had to seek donations to keep going. By 1979 the newsroom staff numbered eleven people, the daily edition had withered to 16 pages, and circulation was 11,000, in contrast to 46,000 for the Times...

Author: /time Magazine | Title: Press: From the Boneyard to No. 1 | 8/4/1986 | See Source »

...export machines of West Germany and Japan. As the relative value of their currencies has risen, their products have become more expensive in the U.S. Partly for that reason, West Germany's gross national product decreased 1% in the first quarter, and Japan's .5%, its first contraction in eleven years...

Author: /time Magazine | Title: Ahead: Growth and Danger | 7/28/1986 | See Source »

...More than 10,000 stores across the country, including such mammoth chains as 7-Eleven and Rite Aid, have removed Playboy and Penthouse from their shelves, many of them acting after receiving a letter from the Meese commission suggesting that they might be cited for distributing pornography...

Author: /time Magazine | Title: Sex Busters | 7/21/1986 | See Source »

...After the Tokyo economic summit in May, Nakasone appeared to be in deep trouble, having failed to persuade Japan's major trading partners to cool off the country's overheated currency. Worse, Japan's $ gross national product recently declined by .5%, the first such drop in eleven years. His policies of "administrative reform," aimed at curbing exports, cutting government expenditures and opening up Japan's domestic markets to foreign competition, were met with bureaucratic resistance at home. Nakasone also bucked Japanese public opinion by pumping up real defense spending by 6.5% a year while cutting back on education and welfare...

Author: /time Magazine | Title: Japan Voice of the Nation, Voice of God | 7/21/1986 | See Source »

...party's 31 years of continuous rule. The L.D.P. candidates won a majority of 304 out of 512 seats in the lower house of parliament, an increase of more than 50, while the smaller opposition parties suffered setback after setback. In the upper house too the L.D.P. gained eleven seats, giving it a total of 142 in the 252-member chamber...

Author: /time Magazine | Title: Japan Voice of the Nation, Voice of God | 7/21/1986 | See Source »

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