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Zimbabwe's economy, which expanded a remarkable 25% during 1980, will have a 10% rate of real growth this year. That is still a high figure by most standards (the predicted U.S. rate for 1981: less than 1%), but one that conceals growing problems such as a scarcity of...

Author: /time Magazine | Title: Zimbabwe: No Instant Garden of Eden | 11/2/1981 | See Source »

Ever since Harper's Editor Lewis Lapham, 46, announced his resignation last month, the troubled 131-year-old monthly (circ: 336,000) has been engaged in an intense head-hunting expedition. Last week the search committee, headed by Rutgers English Professor Richard Poirier, chose Lapham's replacement: Michael...

Author: /time Magazine | Title: Press: Short Takes | 9/28/1981 | See Source »

One of the cornerstones of personal financial planning used to be a life insurance policy, but it, too, is changing under the battering of inflation. The meager 4% annual interest such policies can pay is even lower than the 5¼% earned on a bank savings account. Millions of Americans...

Author: /time Magazine | Title: The Savings Revolution | 6/8/1981 | See Source »

Venezuela, one of the few democratic countries in Latin America, and an early supporter of the Nicaraguan rebellion, has denounced the El Salvadoran left, and supports the centrist regime. Mexico, too, has shied away from its early support of the guerrillas as their nature and backing became clear.

Author: By Hilary Kinal, | Title: Moderation Between Extremes | 3/5/1981 | See Source »

Or have we left some terrors out, ones that we tremble to mention, much less to convene? Not that our trembling would make the slightest bit of difference. The terrors of the times have a tendency to arrive on their own steam. And see: here come three more. We know...

Author: /time Magazine | Title: Time Essay: The Scariest Time of the Year | 11/3/1980 | See Source »

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