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...long before they begin to improve? When will American interest rates come down? Is not the time overdue for the U.S. to ensure harmony between its monetary and fiscal policies? Is the Administration ready to stabilize the value of the dollar? How can the West increase demand and output without setting off inflation again? The President may think it unfair to be faced with such an inquisition, but he will be assured that no one is trying merely...

Author: /time Magazine | Title: The West Has Lost Its Dynamism | 6/7/1982 | See Source »

...this output cannot go in one show; it would have been burdensome to even the most dedicated Eakins student. Instead, the exhibition's curator, Art Historian Barrel Sewell, has intelligently chosen some 150 paintings, studies and photographs to provide a thematic, rather than a chronological approach. There are certain broad categories of imagery in Eakins. There are the rowing and sporting and sailing scenes. There are the paintings of medical and scientific inquiry. There are the horse pictures, the portraits, and so on. By sampling each of these, Sewell hoped to build up a convincing picture of Eakins...

Author: /time Magazine | Title: Art: In Love with the Specific Philadelphia celebrates its realist genius, Thomas Eakins | 6/7/1982 | See Source »

...Ahmed Zaki Yamani had feared that a continuation of the yearlong slide in petroleum prices could destroy OPEC. Thus, at the organization's March meeting, he succeeded in winning agreement on an unprecedented package of production cuts of 700,000 bbl. per day, or 3.8% of total OPEC output...

Author: /time Magazine | Title: Suddenly, the Disappearing Glut | 5/24/1982 | See Source »

...still in orbit. While their U.S. counter parts have longer life spans, most Soviet spycraft cannot sustain their low or bits for more than two weeks. As a result, the Soviets tend to launch more satellites more frequently than the U.S. When political crises arise, Moscow increases its output of satellites. During the 1973 Middle East war, the Soviets launched them at the rate of about...

Author: /time Magazine | Title: The Falklands: Sky Spies | 5/17/1982 | See Source »

...Department of Defense is already committed to buying much of the product refined from the Union Oil output. Thirty percent of Union's shale-oil production will be refined into jet fuel, and 70% will be made into diesel. The Government has agreed to pay $42.50 per bbl. of the product, plus automatic increases that will be tied to inflation, no matter what happens to world crude oil prices. This would channel up to $400 million to Union in price guarantees during the first seven years of the contract, not far from the $550 million it will have spent...

Author: /time Magazine | Title: Energy: Setback for Synfuel | 5/17/1982 | See Source »

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