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...nature of free markets that they correct themselves if imbalances occur, so it was inevitable that the European system would eventually come under pressure, given the diverging performances of its member economies: while Germany and France are growing slowly, recession has hit Britain and Italy hard...

Author: /time Magazine | Title: Europe's Currency | 9/28/1992 | See Source »

Given the horrors visited upon Bosnia-Herzegovina, it is difficult to believe that the Yugoslav conflict could get much worse. But that is exactly what Western officials fear is likely to occur when Belgrade turns its attention to Kosovo, the predominantly Albanian province that is a disputed part of southern Serbia. A U.S. analyst says Serbian "ethnic cleansing" there is "inevitable"; a senior Administration official predicts the spark that ignites a bloody Kosovo war could come in "the next two or three months...

Author: /time Magazine | Title: Ever Greater Serbia | 9/28/1992 | See Source »

...match wits with reporters while avoiding a single moderator's power to focus on a single issue, like the economy. The Bush camp gave Clinton until last Friday to agree to its terms. The deadline passed. Both sides agree on one point: unless someone relents, the debates may not occur...

Author: /time Magazine | Title: Gamesmanship To debate or not to debate? | 9/28/1992 | See Source »

Another antiadhesion drug is being developed for the treatment of traumatic shock. Here too the goal is to prevent the body's own healing process from going awry. Traumatic shock can occur when accident victims lose large quantities of blood, causing cells in vital organs to starve for oxygen. The starving tissues trigger a distress signal that summons leukocytes and other members of the body's damage-control team, which begin to destroy distressed cells. Alas, if the signal stays on too long, cells are killed at a phenomenal rate and major organs begin to die even while hospital trauma...

Author: /time Magazine | Title: The Glue of Life | 9/28/1992 | See Source »

...efficient, and it can be more accessible to students who will not be confused by its specific purpose. An office like this needs a strong, full-time leader with a clear mandate from the University to try to eliminate racial tension and to also deal with problems that occur...

Author: NO WRITER ATTRIBUTED | Title: Don't Drop the Ball | 9/23/1992 | See Source »

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