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Artificial Insulation. This little word game masks a situation of the utmost seriousness. Japan's booming economy, multiplying exports and more than $6 billion in foreign-currency reserves have made a mockery of the yen's official value of little more than a fourth of a U.S. cent. The Japanese are understandably pleased with this situation, but their trading partners are furious. An undervalued currency gives Japanese goods an exaggerated price advantage in foreign markets; Toyota and Datsun cars, Nikon cameras and Sony TVs, for example, all cost less in the U.S. than they would...

Author: /time Magazine | Title: JAPAN: A Yen for Revaluation | 6/7/1971 | See Source »

...some even giving students therapy), should also quite literally get back to work. "The decline in demand for teachers started five years ago," complains a senior at Northeastern. "Someone should have warned us." There are already new efforts along this line, and some school systems, trying to do their utmost, are proudly announcing vocational guidance even in their kindergartens...

Author: /time Magazine | Title: Education: Graduates and Jobs: A Grave New World | 5/24/1971 | See Source »

...Administration deserves our disdain the "Students for a Just Peace" deserve our utmost contempt. By betraying their fellow students through providing more identifications they have sought to win support for themselves. Acceptance of their evidence by the Administration shall be construed to be nothing less than the University's complicity with rightist organizations...

Author: NO WRITER ATTRIBUTED | Title: Harvard's True Mettle | 4/1/1971 | See Source »

...Utmost care must be exercised in conducting these investigations to prevent any embarrassment to the Bureau and possibly jeopardize the Bureau's program in countering Soviet Intelligence Services recruitment of students. The motives of the Bureau in investigating American students, professors, and scientists must not be construed as infringements of the American educational system and the pursuit of intellectual freedom...

Author: NO WRITER ATTRIBUTED | Title: No Headline | 3/30/1971 | See Source »

That is not to say, however, that the U.S. is exerting no pressure at all. Although Washington officially denies it, sources in Cairo said the State Department has assumed Sadat that the U.S. is doing its utmost to coax the Israelis into a more flexible position. Israel Galili, a Cabinet Minister Without Portfolio and one of Premier Golda Meir's closest advisers, admitted that the U.S. and Israel are engaged in "a strenuous argument." And the U.S. has let the Israelis know-"not as a threat but as a fact," as an American official put it-that Israel...

Author: /time Magazine | Title: MIDDLE EACT: Tenacity and Trouble | 3/15/1971 | See Source »

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