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...currently covered by a $4.5 billion defense contingency fund. The QE2 alone is costing the British government $225,000 a day to operate, while the Uganda and the Canberra are running about $175,000 apiece. Cunard lost $3.5 million in revenues from the Mediterranean cruise it was forced to cancel but, like the other ship owners, expects to be fully compensated for whatever losses it incurs. Says an aide to Prime Minister Margaret Thatcher: "This has been very good for the merchant navy. They haven't had it so good for years...

Author: /time Magazine | Title: The Falklands: The Queen Is Hailed | 5/17/1982 | See Source »

...political interests are inevitably linked to the U.S. Says one optimistic analyst: "We should not take this lightly, but in six months it will be forgotten." One example of the attitude at work: Brazilian President Joao Figueiredo, even though he has condemned U.S. support for Britain, did not cancel his state visit to Washington this week...

Author: /time Magazine | Title: Stormy Times for the U.S. | 5/17/1982 | See Source »

...SURELY one of the most ironic footnotes to history. In his inagural in 1945, leftist Juan Jose Arevalo, the first popularly elected President of Guatemala., movingly cited Franklin Roosevelt. "He taught us," said Arevalo, "that there is no need to cancel the concept of freedom is the democratic system in order to breathe into it a socialist spirit...

Author: By Antony J. Blinken, | Title: The Fruit of Callousness | 5/4/1982 | See Source »

During yesterday's press conference. Redgrave said the BSO's decision to cancel her $31,000 contract violated her "civil and constitutional liberties and rights...

Author: By Jessica Marshall, | Title: Dershowitz Asks Redgrave to Debate | 4/30/1982 | See Source »

...athletic directors decided earlier this year to cancel championship events and replace them with round robin competition, but their softball squads don't receive enough financial backing to travel to all the other Ivy schools. And so, unlike most Ivy women's athletic tournaments, the softball teams will probably still attend league championships for the next few years...

Author: By Gwen Knapp and Neal Shultz, S | Title: Brown Takes Softball Title | 4/26/1982 | See Source »

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