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What the tiny (pop. 1.4 million) Persian Gulf emirate of Kuwait loses in size to Saudi Arabia, it more than makes up for in aggressive money management. In contrast to the Saudis, with their conservative investment policies, the Kuwaitis have long used their surplus oil revenues, which now exceed an...

Author: /time Magazine | Title: Arab World Wheeler-Dealer | 7/13/1981 | See Source »

The manner and methods of Bond villains usually reveal to a considerable degree the tenor of the times in which the films are made. Consider: The last three Bonds--The Spy Who Loved Me. Moonraker and For Your Eyes Only--have centered on weapons and the control thereof. There is...

Author: By Jeffrey R. Toobin, | Title: Eye on the Empire | 7/3/1981 | See Source »

One reason For Your Eyes Only seems a little less brawny than recent arrivals in the Bond series was an inadequately evil set of villains. "Jaws," the goon of recent Bonds, has mercifully departed, but he has not been replaced by anyone of commensurate ghoulishness. One hit man, in fact...

Author: By Jeffrey R. Toobin, | Title: Eye on the Empire | 7/3/1981 | See Source »

Banisadr's special ties with the army hardened the suspicions of his fundamentalist foes, who already distrusted his "Western ideas," gleaned during his 16 years of exile in Paris. They convinced Khomeini that such close bonds between the President and the military could lead a counterrevolutionary coup. Vowing that...

Author: /time Magazine | Title: Iran: Mullah Power | 6/29/1981 | See Source »

In Georgia, Colorado and Florida, Merrill Lynch is test-marketing a product that could change the way the life insurance industry does business. The firm offers policies that allow customers to choose whether they want part of their premiums invested in mutual funds containing stocks, bonds or short-term money...

Author: /time Magazine | Title: Running the Bulls | 6/8/1981 | See Source »

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