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They're invading us, dollar by dollar, yen by yen, Nintendo by Nintendo. Welcome to World War III. America just won't be America anymore. We'll be owned lock, stock and barrel by Japan. Talk about internationalizing...

Author: By Betty Hung, | Title: Will Japan Buy Harvard Too? | 4/9/1990 | See Source »

...casino, a space as defiant of convention as it is of taste. Dumont has spurned the dark burgundies and jangling reds of most gambling halls in favor of a color scheme heavy on violet, turquoise, melon and, of course, bubble-gum pink. As reflected in the mirrored, barrel-vaulted ceilings, the honeycombed carpets seem to vibrate. Twenty-four hand-carved Austrian-crystal chandeliers (at $250,000 apiece) dangle in the vaults like melting diamond slush, creating the impression that at any minute one of the sparkling crystals might drip down into some overeager gambler's decolletage...

Author: /time Magazine | Title: Travel: A Candymaker Went Mad | 4/9/1990 | See Source »

Eager to win official recognition from the Bush Administration, the Sandinista National Liberation Front (F.S.L.N.) has turned up the propaganda noise and ladled out servings from a meager pork barrel. Billboards featuring Ortega nuzzling his daughter Camila, 2, dominate Managua, while the strains of the Sandinista campaign song (and old Beatles hit) All You Need Is Love blare from TVs and radios. The F.S.L.N. has distributed nearly a million toys in a country where playthings are a rarity, and has also handed out 1,000 parcels of land to farmers. Two weeks ago, Ortega pardoned the last of Nicaragua...

Author: /time Magazine | Title: Nicaragua The Odd Couple Plays Managua | 2/26/1990 | See Source »

With his beer-barrel physique and pliant pudding face, Goodman, 37, has become Hollywood's hottest character actor. He has the nimble, dancer-like grace of such portly clowns as Oliver Hardy and Jackie Gleason, anchored by a straight-from-the-heartland believability. After a sweetly engaging turn as a lovelorn Texan in David Byrne's True Stories, he literally burst onto the scene in the 1987 comedy Raising Arizona, playing an escaping convict who, drenched in mud, erupts from the ground with a roar. He shone again, and added new shadings, as an over-the-hill athlete reliving past...

Author: /time Magazine | Title: Show Business: Everybody's All American | 2/19/1990 | See Source »

While the energy squeeze is far less severe than the shocks of the '70s, the days of cheap and superabundant oil are probably gone. A barrel of crude now costs about $23, up from $17 a year ago, largely because of growing consumption. Rising energy prices were the main reason that the Government's index of wholesale prices increased 4.8% during 1989, the steepest rate since 1981. The forecast for this winter: even if temperatures stay at relatively comfortable levels, relief from higher fuel costs is unlikely...

Author: /time Magazine | Title: Over A Barrel: Oil Supplies | 1/22/1990 | See Source »

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