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Poverty and lagging economic development have long plagued the nations of the Caribbean basin, which stretches from the Bahamas off Florida to Surinam in South America, 2,000 miles away. The region's islands and Central American countries sorely lack the skilled manpower and other key ingredients of modern industry. The hot, tropical area simply remains the developed world's supplier of raw materials like sugar, coffee, cotton and bauxite, the ore from which aluminum is made...

Author: /time Magazine | Title: Experimenting Under the Sun | 5/24/1982 | See Source »

...unexpected turbulence in the South Atlantic has, for the time being, upset elements of Reagan's foreign policy and unraveled key alliances. It has dissipated much of the good will gamed by Reagan's Caribbean Basin Initiative, an economic and trade development plan that is currently being challenged in Congress by special-interest groups. A House Ways and Means Subcommittee, for example, voted last week to lessen trade preferences for shoes and rum. The Administration position on the Falklands has also undercut its controversial goal of convincing Latin America that the most dangerous threat to the stability...

Author: /time Magazine | Title: Stormy Times for the U.S. | 5/17/1982 | See Source »

With $400 million already spent in building a plant, Colony was going to be the most serious attempt ever made in the decades-old dream of wresting energy from northwestern Colorado's rugged Piceance Basin, which contains possibly 1.2 trillion bbl. of oil. The fuel is trapped in a form of limestone that geologists call marl, which is commonly known as shale. Colony's 8,800 acres alone are estimated to contain at least 500 million bbl. of oil, a month-long supply for the entire U.S. at the current levels of consumption. The project's facilities...

Author: /time Magazine | Title: Energy: Setback for Synfuel | 5/17/1982 | See Source »

Discovering the age of the basin will enable scientists to "reconstruct the geological series of events" that occurred during the pre-Cambrian era, when the Basin was formed. Paul Strother, a post-doctoral fellow in Biology and one of the discoverers, said yesterday...

Author: By Rebecca J. Joseph, | Title: Researchers Find Age of Boston Basin | 5/4/1982 | See Source »

...Basin extends from Boston' Harbor to a ridge of volcanic rocks running from Milton north to Lynn and westward to Route 128. The discovery, which is formally announced in the May 7 issue of Science magazine, solves a "mystery plaguing us for over 100 years," said Elso S. Barghoorn. Fisher Professor of Natural History and another participant in the year-long research project...

Author: By Rebecca J. Joseph, | Title: Researchers Find Age of Boston Basin | 5/4/1982 | See Source »

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