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...expected to reduce the nation's agricultural output this year by 20%, and depressed prices for such exports as chrome, nickel and copper have led bankers to predict a sharp slowing of Zimbabwe's economic growth, to 3% or less in the coming year from a robust 8% just last year...

Author: /time Magazine | Title: Mbabwe: Feuding Fathers of Their Country | 8/9/1982 | See Source »

Despite a wrenching retrenchment, the international economy appears to be no closer to a robust recovery than when the agony began. Indeed, for many countries the problems are intensifying, and governments that have tried to expand their economies while others were battling inflation are rethinking their policies. Rocked by a falling currency, France slapped a four-month wage and price freeze on its economy and devalued the franc by 10%. Beset by near record interest rates and high unemployment, Canada unveiled an austere budget that would limit salary increases for its federal workers to 6%, or about half the rate...

Author: /time Magazine | Title: What in the World Is Wrong? | 7/19/1982 | See Source »

...Benedictine monasteries, Weston Priory has become a beacon of new directions in monasticism since its founding in 1953 by German-born Abbot Leo Rudloff. At the time, Rudloff, who also headed the Benedictine Abbey of the Dormition in Jerusalem, had modest hopes for Weston. But it proved more robust than he had imagined. He says now, "It's like a little plant. What comes out you have no control over; it grows according to its own laws and potentiality...

Author: /time Magazine | Title: In Vermont: A Modern Monastery | 7/12/1982 | See Source »

...Reagan presidency and indeed during much of the Carter presidency that preceded it. The renewed upward pressure now threatens harm to businesses large and small alike, and indeed to everyday people by the millions. They can do little but stand by and watch as already fading hopes for a robust recovery this year fade even further...

Author: /time Magazine | Title: A Growing Mood of Dismay | 7/5/1982 | See Source »

...workers' misunderstanding of "Cooney") applied the two disciplines of his life, the Merchant Marine and ironworking, to rearing children. The amalgam amounted to walking a narrow beam at attention. Sometimes Eileen Cooney wonders if her sons did not see gyms as sanctuaries. The challenger's mother is a tall, robust woman, oldfashioned, sort of flusterable, and nice. Her grandmother was acquainted with Gene Tunney's family in Ireland and compelled her as a child to keep still whenever boxing was on the radio. (Today she keeps still when attending her son's fights, peeking up only when the crowd noises...

Author: /time Magazine | Title: A Puncher Goes for It: Gerry Cooney and Larry Holmes | 6/14/1982 | See Source »

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