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...white DC-9 belonging to Garuda Indonesian Airways sat in the cargo area at Bangkok's Don Muang Airport, harshly illuminated by spotlights. Inside, five fanatic Muslim hijackers knelt in the aisle in thankful prayer, convinced that a deal had been struck and that, as they had demanded, some 80 freed "political prisoners" were on their way from Indonesia. But even as they prayed, a 39-man team of Indonesian commandos were clambering up metal ladders onto the wings of the DC-9. At precisely 2:36 a.m. the plane's doors burst open and the commandos hurtled...

Author: /time Magazine | Title: Terrorism: A Fusillade During Prayers | 4/13/1981 | See Source »

...open-faced Soviet investigator, and his villain is a voracious capitalist, the American John Osborne, who deals in a unique commodity, sables. Pound for pound the animals are worth more than gold, but they are caged a world away from Western fur markets. Osborne intends to smuggle his live cargo across the border Hand breed them in the U.S. All 5 who interfere are terminated with 1 extreme prejudice...

Author: /time Magazine | Title: Books: A Moral, Exportable Sleuth | 3/30/1981 | See Source »

...includes $887 million this fiscal year and next to build eight new KC-10 advanced tanker planes for the Air Force, put new engines in half of the nation's 517 KC-135 Stratotankers and buy seven Boeing 707s. Other funds would be used to convert eight commercial cargo ships to fast Navy resupply vessels. There are also funds to lengthen the runways at the U.S.-leased military base on Britain's Diego Garcia Island in the Indian Ocean so it can handle B-52 bombers and to improve ports at Mombasa in Kenya and Barbara in Somalia...

Author: /time Magazine | Title: A Bonanza for Defense | 3/16/1981 | See Source »

...score a clean sweep, however. The Budget Director proposes a steep reduction in subsidies for the maritime industry. Reagan demurs. He later explains: "No maritime nation can look to the future and envision a national emergency in which we could no longer depend on foreign bottoms to carry our cargo." Officially the question is still being studied. In fact, Stockman has lost this round...

Author: /time Magazine | Title: A Day in the Life of the New President: Ronald Reagan | 2/23/1981 | See Source »

Seatrain Lines, a troubled cargo-ship operator, would have foundered years ago without the aid of a friendly and very wealthy benefactor: the U.S. Government. While an emotional national debate erupted over $1.5 billion in federal loan guarantees for Chrysler, Seatrain has quietly received nearly $450 million in Government financial assistance since 1972. Despite the federal largesse, however, Seatrain last week finally ran on the rocks. Three Italian companies who together were owed more than $1 million by Seatrain pushed it into bankruptcy proceedings...

Author: /time Magazine | Title: On the Rocks | 2/23/1981 | See Source »

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