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Meantime, low-cost foreign-made steel has kept flooding into the U.S. market, eroding sales for U.S. producers and further tightening the industry's cash squeeze. Last autumn U.S. steelmakers won concessions from European producers, who agreed to limit exports to the U.S. to about 5.5% through 1985. But...

Author: /time Magazine | Title: Big Steel's Winter of Woes | 1/24/1983 | See Source »

Carbon dioxide is a clear gas that puts the bubbles in pop and beer and makes drinkers burp. The fact that it can do as much for tired oil wells, and thereby rejuvenate them, has made CO2 one of the most promising ingredients in the U.S. energy mix. Indeed, oil...

Author: /time Magazine | Title: The Big Burp | 1/24/1983 | See Source »

Not since Bernstein has an American-born, American-trained conductor had such an astonishing career. As music director and principal conductor of New York City's Metropolitan Opera, one of the world's top opera companies, Levine wields an international influence. During the summers, when he is not...

Author: /time Magazine | Title: Maestro of the Met: James Levine is the most powerful opera conductor in America | 1/17/1983 | See Source »

The developing countries found themselves in a classic squeeze: rising debt costs eating up ever larger chunks of declining export earnings. In 1981, Third World economies grew by an average of only 2.2%, a sharp decline from the halcyon days of the 1970s. Says Robert Solomon, a former U.S. Federal...

Author: /time Magazine | Title: The Debt-Bomb Threat | 1/10/1983 | See Source »

There is no attempt to describe or delineate a house style, to demonstrate how a gown by Worth might be designed or constructed differently from a gown by Paquin. Paul Poiret, one of the first modernist dress designers, is represented in this show by five pieces, but anything that made...

Author: /time Magazine | Title: Living: Puttin' on the Ritz in Gotham | 1/10/1983 | See Source »

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