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...doom that Preston is trying to avert is fearsome enough. Some especially nasty types in the Kremlin have hatched a plot to smuggle a small nuclear bomb into England in pieces, assemble the thing and set it off near an American cruise-missile base. The physical damage will not be devastating, except in the immediate area of a few square miles. But the Soviets hope that the explosion will be taken for that of a U.S. nuke gone haywire. Leftists and peaceniks will then redouble their anti-American baying, and the Labor Party, dominated by pro-Soviet operatives, will take...

Author: /time Magazine | Title: Books: No Escape | 9/3/1984 | See Source »

...rumors that the bank was about to fail led to a run on the Chicago lender, Morgan Guaranty and 15 other big banks last week rushed to Continental's rescue with a $4.5 billion line of credit, the largest ever for an American bank. Its goal: to help avert what threatened to become the biggest collapse in U.S. banking history...

Author: /time Magazine | Title: A Crisis of Confidence | 5/28/1984 | See Source »

...tough," said a doctor who worked with the wounded. "He could have displayed more humanity and reached out to the people." But government officials remained firm. Jorge Blanco has instructed some of his party members to begin negotiations with unions for salary raises for workers, in hopes of averting further riots. Undoubtedly he wants to avoid a repeat of the uprising that occurred 19 years ago last week, which was also sparked in part by opposition to IMF measures. In that incident, President Lyndon Johnson sent in 27,000 U.S. troops to avert "another Cuba." Ironically, Jorge Blanco...

Author: /time Magazine | Title: Dominican Republic: A Hungry Mob | 5/7/1984 | See Source »

Trying to avert the strike, Belaunde, 72, called for a national three-day suspension of liberties, prohibiting demonstrations and meetings, and gave police broader powers of arrest. This kept disturbances to a minimum. But perhaps the most important deterrent to a larger strike came three days earlier, when Belaúnde announced the removal of Finance Minister Carlos Rodriguez Pastor. Rodriguez Pastor had engineered an austerity program under which the country was beginning to strain. His replacement, José Benavides Muñoz, was expected to look for economic alternatives, but the strikers remained unimpressed...

Author: /time Magazine | Title: Peru: Stones for a Democracy | 4/2/1984 | See Source »

...dispute is a central topic over dinner, over anything, "he added. Hellar said that because of the concessions made by the union in previous negotiations, "the pressure is now on the University to avert a strike...

Author: By John N. Rosentkai, | Title: Yale Clerical Workers Threaten To Walk Out on March 28 | 3/16/1984 | See Source »

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