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Although the resolution was accepted unanimously, several delegates voiced "reservations" to specific clauses. The U.S., for example, refused to endorse a Third World demand for a mandated hike in its foreign aid to .7% of its gross national product by 1980, which would mean tripling current American aid appropriations to about $10 billion a year. Assistant Secretary of State Thomas Enders, leader of the U.S. negotiating team, explained that "the political base no longer exists" in the U.S. for aid programs on that scale. The Americans also voiced their objections to pledging an automatic slice of any new special drawing...

Author: /time Magazine | Title: UNITED NATIONS: Barking Less and Liking It More | 9/29/1975 | See Source »

...voraciously and likes to consider himself close in political attitude to the moderate liberalism of Commentary and Public Interest. In reflective moments, he professes to wonder why he got into the union presidency at all. "I never sought this career," he says, "I backed into it. I like to hike, be with my children, make bread and Viennese pastries. I don't have enough time for these things...

Author: /time Magazine | Title: The Nation: Albert Shanker: 'Power Is Good' | 9/22/1975 | See Source »

...buying a typical car has already risen by $1,000 since 1973. But General Motors has announced that it will raise the base prices on its 1976 models by an average of 4.4%, or about $206 per car, and other automakers are sure to follow. To keep the hike in sticker prices below last year's 8% to 9% increases, manufacturers are changing some items that were previously listed as standard equipment into extra-cost options. The auto companies are also holding down costs by minimizing changes in body design. Instead, they are offering new colors, splashy paint jobs...

Author: /time Magazine | Title: AUTOS: More Miles for More Sales | 9/15/1975 | See Source »

...bullet-riddled bar, brass bedsteads in the huge rooms and a splendid view of the valley from all windows. It serves guests the same hearty meals the chef cooks for the ranch hands; dinner is only $3.50. There are plentiful campsites near the lake; campers can fish, hike or trail-ride Rose's horses over the ranch and treat themselves to dinner at his hotel...

Author: /time Magazine | Title: Modern Living: Adventure in Tranquil Places | 8/18/1975 | See Source »

...shade in June), there is no reason to think that August figures will be much better. The latest report covers only part of the surge in grain prices that followed Russian purchases and does not include coffee boosts triggered by a frost in Brazil or a 3?-per-gal. hike in gasoline...

Author: /time Magazine | Title: OUTLOOK: Inflation v. Optimism | 8/18/1975 | See Source »

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