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On Turkey. In 1974 Turkey invaded Cyprus with NATO arms, and since then it has occupied 37% of the island. Neither Turkey nor Greece has any business being in Cyprus. Cyprus is not Greek territory, but there are ethnic bonds of language, culture and history between Greece and Cyprus. What...

Author: /time Magazine | Title: Diplomacy | 2/25/1985 | See Source »

Some experts, including several top monetary officials in the Reagan Administration, argue that the budget deficit and interest rates have little to do with the dollar's value. They note that the dollar has continued to rise even though the difference between interest rates in the U.S. and Western Europe...

Author: /time Magazine | Title: The Dollar As King Currency | 2/25/1985 | See Source »

The competition for money between the Government and private borrowers inevitably raises the level of inflation-adjusted or real interest rates. Despite the recent fall in market interest rates, the real rates on home mortgages and corporate bonds today are about 10%--or more than three times the level in...

Author: /time Magazine | Title: Essay: How to Get the Deficit Under $100 Billion | 2/4/1985 | See Source »

Byrdy's testimony shattered the defense of Grzegorz Piotrowski, the leader of the three secret policemen who admit to having beaten and bound the priest. Although in his testimony he made no attempt to conceal his own part in the kidnaping and killing, Piotrowski has based his hope to escape...

Author: /time Magazine | Title: Poland Grim Diversion | 2/4/1985 | See Source »

In the '70s Price cut back appearances at the Met, angry over the lack of new productions staged for her. Instead, she concentrated on her "first love," recitals. She is booked on recital tours through 1987, allowing her to indulge a longstanding predilection both for spirituals and for songs by...

Author: /time Magazine | Title: Music: What Price Glory, Leontyne! | 1/14/1985 | See Source »

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