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...caused by either a metallic left over from the tanning process or some residual goo secreted by the skin. Others say the magnetic clasps on some wallets are the culprits. Whatever the case, some banks are dispensing vinyl card covers to ward off the attack of the anti-capitalist eels...

Author: /time Magazine | Title: GLITCHES: Fishy Coincidence | 2/22/1988 | See Source »

...Calgary has been created, in large part, by the summer shindig known as the Calgary Stampede, a major stomp on the rodeo circuit that has been drawing revelers since 1912. Some citizens would like to shuck that image. "People think of Calgary as a town full of red-neck, capitalist cowboys driving Cadillacs," complains Rod Love, who works in the mayor's office. "We are the financial and technical capital of Western Canada." There is a stock exchange and a contingent of high-tech companies to back up that claim. There is even a mayor who acts plumb comfortable...

Author: /time Magazine | Title: Olympic Preview: Calgary Stirs Up A Warm Welcome | 2/15/1988 | See Source »

...republics, is rich in cotton, fruit -- and corruption. According to Pravda and other publications, the republic's leading government and Communist Party officials shared in the embezzlement of $6.5 billion during the 1970s and early 1980s. They also permitted Mafia-style crime families to thrive on such supposedly capitalist rackets as drugs, prostitution, gambling and murder for hire. A number of officials helped themselves to the republic's cotton-growing revenues by overstating the size of the republic's cotton crops, then skimming off part of the proceeds. Among those recently arrested are Uzbekistan's former premier, the local party...

Author: /time Magazine | Title: The Missing Uzbek Billions | 2/8/1988 | See Source »

East bloc athletes and artists are so eager for a taste of capitalist comforts that they sometimes bribe officials in the state talent agencies to secure foreign contracts. Small though the performers' share of the fee may be, it is often enough to buy a Western automobile and finance a princely standard of living when they return home. But most who venture west seek fame as well as fortune. "In Poland I would pass my whole career almost unknown," says Polish Tenor Dariusz Walendowski, 32, an operetta singer who pays the Polish government's Pagart agency 15% of his average...

Author: /time Magazine | Title: Tales of The Flesh Trade | 2/1/1988 | See Source »

...test of Lee's China policy will be his handling of trade and travel ties to Hong Kong as the British colony prepares to revert to mainland rule in 1997. According to an agreement signed by Britain and China in 1984, Hong Kong will be allowed to retain its capitalist system for 50 years, as well as a large measure of local control. Many Taiwanese will be watching Hong Kong's < experience for guidance on how to handle their future relations with the mainland. While a Taiwanese reunification even as tenuous as Hong Kong's is by no means inevitable...

Author: /time Magazine | Title: Taiwan The End of a Dynasty | 1/25/1988 | See Source »

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