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Word: budapest (lookup in dictionary) (lookup stats)
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...Stalin and his successors, though, who deserve credit for expanding the ancient national pastime from a merely local amusement to a truly global game. The historic postwar expansion brought coveted big league franchises to such deserving cities as Warsaw, Budapest, Havana, Prague and now even Kabul, where an all-rookie team of Afghan players altered traditional notions of defense by employing the first heat-seeking laptas during regular-season play. Much like the introduction of the corked bat and the designated hitter in the U.S., the Afghan innovation has clearly irritated a few hidebound older fans back in Moscow...

Author: /time Magazine | Title: Essay: Evil Umpires? Not in Soviet Baseball | 8/10/1987 | See Source »

...Born in Budapest, Soros moved to Britain in 1947. He subsequently attended the London School of Economics. In 1956 he moved to the U.S. and worked for ten years as a broker and stock analyst. In 1969 Soros started the fund that became Quantum with only $250,000. Members of the Rothschild family and other rich Europeans soon kicked in an additional $6 million. Since then the fund has grown mostly through reinvested profits. Because Quantum is registered outside the U.S., Soros and a few members of his Manhattan-based management team are its only American investors...

Author: /time Magazine | Title: George Soros: World's Champion Bull Rider | 5/4/1987 | See Source »

...Eastern Europe, official gestures often have hidden meanings. The statue just erected in Budapest honoring Swedish Diplomat Raoul Wallenberg was no exception. Wallenberg, who is credited with saving the lives of thousands of Hungarian Jews destined for Nazi concentration camps, disappeared shortly after being taken into Soviet custody when Hungary was liberated by the Allies in 1945. He is believed to have died while in a Soviet prison...

Author: /time Magazine | Title: Hungary: Bold Tribute To a Hero | 4/27/1987 | See Source »

...death or why it had him arrested in the first place, though some historians suggest that the Soviets considered him a U.S. agent. Thus far the statue of Wallenberg, a gift of former U.S. Ambassador to Hungary Nicolas Salgo, has drawn no official comment from Moscow or Budapest...

Author: /time Magazine | Title: Hungary: Bold Tribute To a Hero | 4/27/1987 | See Source »

...countries that fully support the Gorbachev policy are Hungary and Poland. For years, Hungary has been experimenting with ways of combining socialism and private enterprise and has a relatively open society. While the economy has been in a slump of late, Gorbachev liked what he saw when he visited Budapest last summer and asked for more of the same, at a faster pace. This message encourages the cadre of younger leaders awaiting the departure of Party Leader Janos Kadar, 74, who has run the country since 1956. "The feeling is that it's time...

Author: /time Magazine | Title: Eastern Europe: Worried and Nervous | 3/9/1987 | See Source »

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