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...country's ability to sustain its good intentions toward its neighbors. Venezuela's own economic house is not totally in order. Unemployment is estimated at 12%, inflation at 15%. One reason for the economy's woes is that Herrera Campíns' predecessor, Carlos Andrés Pérez, encouraged a series of ill-advised state enterprises, such as steelmaking and air transport, that last year ran up losses estimated at $2.5 billion. Other important sectors of the economy, mainly agriculture, have been corroded by the massive inflow of oil money: once a self-sufficient...
...capita use of energy in the U.S. has dropped by more than 12% since 1978, and in West Germany it has decreased 9%. Says André Michel, an oil trader for the Swiss-based Albaco Oil Co.: "It has taken consumers a long time to respond to high prices. But things have finally begun to change. If it had happened sooner, the price of a barrel of crude today would be $15 and not more than...
...play tennis, but I don't win tournaments, so I didn't know what to do with it," said Pianist André-Michel Schub, 28, hoisting his silver trophy high over his head Bjorn Borg-style after winning the sixth Van Cliburn International Quadrennial Piano Competition...
...sequel to The Ghost Writer, Newark-born Nathan Zuckerman has made a million dollars with Carnovsky, an ethnic and sexual extravaganza that resembles Portnoy's Complaint. Zuckerman's problem is not sex but a reluctance to indulge in the conventional rewards of his money and fame. Says André Schevitz, his agent: "First you lock yourself away in order to stir up your imagination, now you lock yourself away because you've stirred up theirs...
...motorcycle toss a bomb at an army staff car and speed away through the streets of Madrid: three people are killed in the blast, and a fourth, Lieut. General Joaquin Valenzuela, head of King Juan Carlos' personal guard, is badly wounded. Another high-ranking officer, General Andrés González de Suso, is gunned down at pointblank range outside his apartment in the capital, and a policeman dies in the ensuing chase. Almost simultaneously, two Civil Guards are murdered by terrorists in a Barcelona bar. The final toll: seven dead and 14 injured, most of them innocent...