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...windfall of government money and free publicity, and has catapulted itself into the ranks of Europe's favored capitals. "You go to Milan, Paris or Hamburg, and people marvel that Barcelona has become the most dynamic city in Europe," says Jose Maria Marti Ruffo, a London-based Catalan businessman...

Author: /time Magazine | Title: Travel: The Most Dynamic City in Europe? | 6/11/1990 | See Source »

...need a road map for the future," Gorbachev told one guest. Nice to say, muttered a businessman, but tough to draw up. As the cabernet sauvignon flowed, other Soviets at the dinner declared themselves "looking for answers" to almost everything...

Author: /time Magazine | Title: The Presidency: Capitalists over Corn Bread | 6/11/1990 | See Source »

Even so, the federal statute has been used to score some noticeable gains against merchants who deal in everything from "bongs" (water pipes for marijuana) to the spoons used to shovel cocaine into a user's nostrils. One such businessman, Stephen Pesce, is essentially a vile version of a Horatio Alger hero. Pesce, now 34, apparently made pot pipes as a teenager in the 1970s for a Long Island, N.Y., paraphernalia distributor now known as Main Street. He eventually took charge and built the business into one of the largest head-shop suppliers in the U.S., grossing more than...

Author: /time Magazine | Title: Mountains Of Vile Vials | 6/4/1990 | See Source »

Interesting group to be talking about economic hardship. Fifteen were lawyers, one an engineer, two academics, a preacher, a couple of bankers, an economist, two career pols and a former businessman who is the President. He is one of the few in that fraternity who actually met a payroll, and that was 24 years ago. Mississippi's Jamie Whitten, 80, chairman of the House Appropriations Committee, has been in Congress since 1941. The average conferee has been cashing those beige federal paychecks like clockwork for better than 20 years: no worries about Chapter 11 bankruptcies, layoffs, plant closings, Social Security...

Author: /time Magazine | Title: The Presidency: What, This Crowd Worry? | 5/28/1990 | See Source »

...diplomats. These "bag operations" first came to the attention of the U.S. Government in the mid-1980s. One U.S. executive told officials about a trip to Paris during which he had made handwritten notes in the margin of one of his memos. While negotiating a deal with a French businessman, he noticed that the Frenchman had a photocopy of the memo, handwritten notes and all. Asked how he got it, the Parisian sheepishly admitted that a French government official had given it to him. Because of such incidents, U.S. officials began a quiet effort to warn American companies about...

Author: /time Magazine | Title: When Friends Become Moles | 5/28/1990 | See Source »

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