August 30, 1986 |
The Argentine government Friday devalued the nation's currency and announced a new series of economic austerity measures to halt a surge of inflation. Economy Minister Juan Sourrouille, in a nationwide speech, said the new measures include a 3% devaluation of the austral, a 1% cut in interest rates and new limits on price increases for industrial goods.
CALIFORNIA | LOCAL
August 16, 1994 |
Health care arguments have become the "Theater of the Absurd" as the contest for the minds of the public nears congressional action. The Clinton health plan, with its "managed competition" approach, puts a bold face on moderate administrative changes, while congressional legislative siblings foster media battles over lesser Band-Aid measures. Meanwhile, California's frustrated consumers are trying to deal with the system, not the symptoms, via the State Single-Payer Initiative, Proposition 186.
January 25, 1985 |
Prime Minister Shimon Peres on Thursday sought agreement with trade unions and industrialists on an eight-month extension of wage and price controls that would limit Israel's inflation to 5% a month. Peres and four Cabinet colleagues met in Tel Aviv with leaders of the Histadrut trade union federation and representatives of the private sector to work out details after the broad outlines of agreement were reportedly reached during a 15-hour marathon session Wednesday.
CALIFORNIA | LOCAL
September 17, 1985
We were musing the other day about the propensity of our business to dwell on anniversaries, and this led to speculation about when it might all have begun. We were tempted to invent an anniversary that hasn't been celebrated this year. Perhaps, just perhaps, 1985 may mark the 100th anniversary of the first anniversary story to appear in any newspaper--an article in the old New York Blatt on April 15, 1885, commemorating the 20th anniversary of the assassination of Abraham Lincoln.
June 19, 1988 |
President Daniel Ortega on Saturday defended economic reforms enacted by his government last week, saying that the measures were necessary to strengthen the leftist revolution. Facing a sometimes hostile audience of about 1,000 people in an open meeting, Ortega insisted that the reforms--including the devaluation of the national currency, the cordoba, and a general pay raise of 30%--were based in "an economy of a socialist nature."
April 27, 1994 |
The top movie in town was "Klute," starring Jane Fonda. "The Godfather" was being filmed on the streets of New York's Little Italy. Sonny and Cher were scheduled to do their popular Sunday night variety show, but they were about to get preempted because President Richard Nixon had a bombshell to deliver on national TV. That night, Aug.
March 18, 2004 |
Why not have price controls on pharmaceuticals? That's a tempting idea for the federal government, which is desperate to restrain its spending and the size of its deficit. But a closer look -- and a look back at history -- shows that price controls are the falsest of false economies. Uncle Sam has a problem, to be sure. The typical senior shells out $1,285 a year for prescription medications, with new cures -- and new costs -- presenting themselves every day.
CALIFORNIA | LOCAL
September 15, 1986
Brazil is Latin America's great exception. The biggest nation in an otherwise-Spanish-speaking region, its 130 million people speak Portuguese. Its history has been marked with significantly less political violence than most of its neighbors. And these days Brazil is one of the few debtor nations in the region that can look to its economic future with optimism. The Reagan Administration must keep these differences in mind when pondering the future of U.S.
February 28, 2008
William F. Buckley Jr., as anybody who has seen the great Buckley impressions by Joe Flaherty or Robin Williams can attest, was hardly inimitable. But the contributions of the National Review founder and long-serving icon of conservatism extended far beyond his personal style and charisma.
October 21, 2001 |
In the weeks since the Sept. 11 assault on American identity, we have witnessed an incredible spontaneous outpouring of patriotism. It has been manifested in offerings of blood, rescue work, food and supplies, consolation for the bereaved and a general reaching out to one another. Enlistments in AmeriCorps, the national community service program, have been on the rise since Sept. 11. In wartime, we rally around the president, awaiting his signal for what burdens we must bear to vanquish the foe.