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...threatening $60 billion 1983 budget deficit. The prospect of a series of weak coalition governments is already stirring speculation about the need for new elections in a year or two, when the Communists might do even better. Said a Western diplomat: "Once again the Italians are at the brink. Let us trust that, as usual, they will manage to pull back...

Author: /time Magazine | Title: Italy: Once Again at the Brink | 7/11/1983 | See Source »

...first sheriff of Independence, Mo., the first white man to lead a party to the brink of the Yosemite Valley and the first to lead a wagon train into California, in 1843. Frontiersman Joseph Walker, says Biographer Bil Gilbert, "should have become a gaudy boon to the toy and TV industries" like his contemporary, Kit Carson. The reason he did not: Walker's stubborn refusal to embroider his achievements for legend-hungry Eastern journalists. So they "moved on to men and events that could be conventionally romanticized...

Author: /time Magazine | Title: Books: Summer Reading | 7/4/1983 | See Source »

During that bonanza, Mexico added $48 billion to its foreign debt, for a total at present of $85.5 billion, and only last summer it tottered on the brink of national bankruptcy. Now, however, the country appears to be making some headway toward dealing with the debt, which is expected to cost $10.5 billion in interest payments this year alone. The new government of President Miguel de la Madrid Hurtado, which was inaugurated in December, has begun an austerity program aimed at slashing Mexico's huge budget deficit, halting unnecessary government spending programs and slowing its virulent, 116% inflation...

Author: /time Magazine | Title: Mexico Tightens Its Belt | 6/13/1983 | See Source »

General Evren has saved democracy in Turkey, preserving key rights for the Turkish people [April 11]. Before the coup, the country was on the brink of collapse. Now, 2½ years later, the economy is prospering and the people have confidence in the government. Evren's regime is a compromise between Western-style democracy and authoritarian rule, and is well suited to a developing country with shallow democratic roots, like Turkey. Under Evren, Turkey continues to be a dependable ally...

Author: /time Magazine | Title: Letters: May 9, 1983 | 5/9/1983 | See Source »

...hardest on the brink," Jamie says. "As you approach that, all your crises, all your considerations, begin hitting you at once. You have to start thinking about those things at once." They were engaged on January...

Author: NO WRITER ATTRIBUTED | Title: The (Almost) Newlywed Game | 4/28/1983 | See Source »

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