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...selection as the host city will redound to its benefit. Government officials, eager to put the best face on the city for the 30,000 expected visitors, have repaved the roads, expanded the airport, built a new downtown expressway and preened the beachfront parks and promenades. Street children have been rounded up and placed in shelters, homeless migrants have been sent packing, and law enforcement has been beefed up. Officials have also started some ambitious environmental projects, chief among them the cleanup of Guanabara Bay. The project will cost $667 million, $450 million of it to be lent...

Author: /time Magazine | Title: Rio: Soiled Gem | 6/8/1992 | See Source »

AMERICANS WINCE WHEN SOMEthing distinctly "American," like California beachfront or Rockefeller Center, is bought by foreigners. But an April 10 decision by a federal bankruptcy court in New York to allow the sale of the Texas-based LTV Aerospace and Defense Co. to Thomson-CSF, whose principal stockholder is the French government, raised questions far more vexing than matters of mere national pride. About 75% of LTV's products are defense- related, including such advanced systems as the Multiple Launch Rocket System and the B-2 Stealth bomber. French ownership would effectively guarantee French acquisition of LTV's classified American...

Author: /time Magazine | Title: Giving Away the Weapons Store | 6/1/1992 | See Source »

City officials counter that the tax is not really for the view but for proximity to the beach. Such distinctions are lost on angry homeowners like Don Fresh, who will be surtaxed on three beachfront properties. Says he: "This used to be a graceful little city. But now it's us against them...

Author: /time Magazine | Title: Taxation: Pricey Points Of View | 9/9/1991 | See Source »

...Miami Beach, Haas transformed the annex of a beachfront hotel into an Art Deco triumphal arch with gargantuan caryatids. In Cincinnati, on the facade of an office building, he simulated a Piranesian cutaway of a coffered Roman temple. His latest creation, on a lobby wall in Boston, is a lyrical evocation of a 19th century crystal pavilion, complete with painted palm trees and an image of tumbling water that blurs into a real fountain...

Author: /time Magazine | Title: Design: Creating Grand Illusions | 12/10/1990 | See Source »

...Soviet aid. Twice within the past year, the heads of giant American hotel chains -- Curtis Carlson of Radisson and Jay Pritzker of Hyatt -- were invited to pay secret visits to the island. Once there, flown in surreptitiously via Mexico City, the Americans were shown scale models of prime beachfront property and asked to select one for future development. Intriguingly, these displays were set up just outside Fidel Castro's office in Havana. Castro was nowhere in sight during Carlson's visit, but Pritzker was treated to a 2 1/2-hour meeting with the leader. No deals are possible until Washington lifts...

Author: /time Magazine | Title: On Your Next Cuban Vacation . . . | 7/30/1990 | See Source »

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