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Ronald Reagan realized that a half-day summit with Mexican President Miguel de la Madrid last week could not begin to resolve differences between their two countries. So he used his four-hour stopover in Mexicali to drive home U.S. concern over Mexico's $96 billion foreign debt. The U.S. has been urging Mexico to cut government spending and increase private investment. De la Madrid told Reagan that Mexico was making "increasingly strenuous efforts," but was hampered by factors like the dropping world price of oil. The Mexican President seemed close to endorsing a plan by U.S. Treasury Secretary James...

Author: /time Magazine | Title: World Notes: Jan. 13, 1986 | 6/21/2005 | See Source »

...Prince. In an effort to make amends, former Foreign Minister Jean-Robert Estimé traveled to Washington last month to meet with State Department officials. The Duvalier government promptly announced that it was undertaking an investigation of the Gonaïves school principal's death and gave Radio Soleil permission to begin broadcasting again. The station is expected to be back on the air this week...

Author: /time Magazine | Title: Haiti: Small Stirrings of Change | 6/21/2005 | See Source »

...National Aviation, a mutual fund dealing in airline securities. Six years later, after proving an astute stock picker, he became its president. He left in 1973 to join troubled Texas International Airlines and rose to be chief operating officer within three years. One of his first steps was to begin trying out radical fare discounts to boost business. But Burr soon began to form a more revolutionary vision of an airline that could offer extremely low fares and operate with a loose style of management...

Author: /time Magazine | Title: A Yankee Preacher in the Pilot's Seat | 6/21/2005 | See Source »

...commanded, or inveigled, loyalty: many who angrily quit his far-flung film sets at night were persuaded by morning to stay on. Born in what is now Poland, he produced his first U.S. picture, Tales of Manhattan (1942), under the pseudonym S.P. Eagle; only with Waterfront did he begin to risk his real name and reputation...

Author: /time Magazine | Title: Milestones: Jan. 13, 1986 | 6/21/2005 | See Source »

...chief executive officer in May 1983, the move seemed a diplomatic acknowledgment that Glucksman's views were right. But Glucksman wanted total control and feared, rightly, that Peterson secretly hoped to sell Lehman at a premium before he reached age 60 and had to let the firm begin redeeming his shares. Glucksman sensed that Peterson had no stomach for a fight and would opt to be bought out. So, eight weeks after being promoted, he demanded that Peterson step aside...

Author: /time Magazine | Title: Power Struggle | 6/21/2005 | See Source »

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