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Most of the 1.3 million Puerto Ricans in the greater New York City area live in the grim, crumbling tenements of Manhattan's East Harlem and Lower East Side, or in Brooklyn's Williamsburg ghetto, or in the burned-out wasteland of the South Bronx. For them, life is mostly a grinding struggle for survival...

Author: /time Magazine | Title: Nation: NEW YORK | 10/16/1978 | See Source »

...failed too. Don't try to be clever with Smith. Deal with him on the ground he has chosen: power. Gather power and overthrow him." Then, as the warm winds ruffled the coconut palms at his ocean-front home near Dar es Salaam, Nyerere raised a grim alternative. "Otherwise." he said, "we are left only with the fighting. We will back the nationalists and fight to the end. We have no choice...

Author: /time Magazine | Title: TANZANIA: Nyerere's Appeal for Help | 10/9/1978 | See Source »

Though the Middle East agreement creates an aura of success around the President, it does not by any means solve all his problems. Last week revised figures showed that the inflation rate in the second quarter of 1978 was a grim 11%. Despite the good news in the Middle East, the dollar continued to fall, reaching an alltime low of 1.51 Swiss francs. The dollar has now fallen about 37% against the Swiss franc in a single year. The price of gold rose to a record high of $216 per oz. Carter met with his top economic advisers last week...

Author: /time Magazine | Title: Nation: Carter's Swift Revival | 10/2/1978 | See Source »

Listening to the tales of horror, the Shah could do little more than promise assistance. "We will rebuild your town," he told the survivors who pressed around him, "even if it will not be as beautiful and charming as the historic Tabas." Meanwhile, rescue workers faced up to the grim, ultimate task in such disasters: bulldozing the ruins to prevent epidemic?even though there might still be survivors too deep to find, too weak to call out. Well diggers known as moqanis were flown in from Kerman and Yazd to repair the ancient qanats, the giant underground system of wells...

Author: /time Magazine | Title: IRAN: The Town That Disappeared | 10/2/1978 | See Source »

That is the forecast of TIME'S Board of Economists, who gathered in Manhattan for their quarterly assessment of the outlook, and in the context of recent grim economic tidings, it is rather reassuring. Last week, for example, the Commerce Department reported that the annual rate of inflation in the second quarter was 11%, even worse than first estimated. President Carter huddled with his economic advisers to plan a Stage Two anti-inflation program and warned in a speech to the steelworkers that it will be "tough" and require "some sacrifice from all." The Federal Reserve made some additional moves...

Author: /time Magazine | Title: Business: No Crash of '79 Coming Up | 10/2/1978 | See Source »

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