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...Eastern Europe's liberation inspired the shake-ups in Africa's mid-belt, the real detonating force was economics. Each of these African countries overspent badly in the 1970s, suffered plunging commodity prices in the 1980s, and today finds itself flat broke. Desperate for hard currency, each has been forced into structural-readjustment programs, which entail strict and painful austerity measures, in order to obtain loans from the World Bank and the International Monetary Fund...

Author: /time Magazine | Title: Africa Continental Shift | 5/21/1990 | See Source »

...most potent arguments marshaled by defense contractors is that the cuts will turn American's military-industrial base into a Rust Belt, leaving the U.S. unable to supply its own defense needs. Some contractors contend, for example, that the cuts could knock them out of certain lines of business by driving away their suppliers. In one case, the Pentagon would temporarily end production of tanks at General Dynamics factories in Warren, Mich., and Lima, Ohio, then resume work by the end of the decade to make a new . generation of tanks. But General Dynamics argues that about...

Author: /time Magazine | Title: Biting The Bullets | 4/30/1990 | See Source »

...Carpentry or plumbing were the careers advised for him. Or basketball. Hartman was a local legend on the court. From what is now known as three-point range, his two-handed set shot was deadly. For pocket change, and the chance to play, Hartman spent summers on a Borscht Belt team that toured upstate New York. So fierce was the competition that a few Holy Cross Catholics were imported as ringers. Which is how, in one game in the late 1940s that he remembers as if it were played yesterday, David Hartman came to outscore Bob Cousy (Hartman 24, Cousy...

Author: /time Magazine | Title: DAVID HARTMAN: Sage In a Land Of Anger | 4/30/1990 | See Source »

...Yale women's tennis team arrived in Cambridge determined to liberate the Ivies from Harvard's seven-year headlock on the league championship belt...

Author: By Daniel L. Jacobowitz, | Title: Netwomen Execute Elis, 6-3 | 4/28/1990 | See Source »

...wake of a state deficit estimated at $2.3 billion over the next two years, a higher education system that is already sucking in its gut is likely to have its belt tightened yet another notch...

Author: By Erik M. Weitzman, | Title: Mass. Higher Education System Faces Tough Times | 4/24/1990 | See Source »

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