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...station's staff, which has been trying to raise money through benefit concerts and donations to cover the station pavroll, still has yet to reach an accord with the owners over responsibility for operating expenses, like phone bills, Taylor said...

Author: By William E. Mckibben, | Title: WCAS Returning to Air After Three-Day Hiatus | 2/3/1981 | See Source »

...middlemen, the financial settlement that led to the hostages' release would not have been possible. On his last day in office, President Jimmy Carter conveyed to Algerian President Bendjedid Chadli "the immense debt of gratitude" felt by the U.S. Wrote Carter: "We would certainly not have concluded this accord, if we had not had the assistance of your government." State Department officials spoke admiringly of the "tireless work"-and the "imagination and understanding" displayed throughout the ten weeks of ceaseless negotiations by the three chief Algerian envoys: Ambassador to Washington Redha Malek, Ambassador to Tehran Abdel-krim Ghraieb...

Author: /time Magazine | Title: Chadli, Malek, Gharaieb, Mostefae: Algeria's Tireless Postmen | 2/2/1981 | See Source »

...raising and dashing our hopes," explained a member of the American negotiating team. "We don't know exactly what the Algerians said, but they refused to be drawn into the Iranian game and eventually made them come to terms." The Algerians deftly avoided becoming guarantors of any final accord despite Iranian pressure to accept the responsibility. "The Iranians were suspicious of everyone and everything," said an Algerian official. Worse, the Iranian negotiators seemed to be confused by the most elementary financial transactions. As a result, the Algerians became financial as well as political advisers to Tehran. All the while...

Author: /time Magazine | Title: Chadli, Malek, Gharaieb, Mostefae: Algeria's Tireless Postmen | 2/2/1981 | See Source »

Tehran critics of the accord immediately noted that Iran so far has received only $2.8 billion in gold and cash instead of the $24 billion originally demanded. For the moment, the cash has saved Iran from imminent financial disaster, and the agreement has released the country from its economic isolation from the West and Japan. But a resumption of normal trade is a long way off. Iranian industry is running at 30% capacity because of a shortage of spare parts and raw materials, basic foodstuffs are scarce, and unemployment is close to 40%. The bazaris, the small businessmen who initially...

Author: /time Magazine | Title: Unrest in Iran | 2/2/1981 | See Source »

Static over the AT & T accord...

Author: /time Magazine | Title: Midnight Deal: Static over the AT&T accord | 2/2/1981 | See Source »

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