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...control of the U.S. Government; $5.5 billion in overseas branches of U.S. banks; and $4 billion held by U.S. banks and companies that had been tied up in suits against Iran by U.S. firms and individuals. Carter signed an order requiring the Justice Department to ask the courts to dismiss these suits and let the claims be judged by the arbitration panel. The U.S. also agreed not to seek compensation from Iran for damages to the U.S. embassy in Tehran, and to prohibit the hostages from suing Iran. Actually, under the technical terms of the deal, once the hostages were...

Author: /time Magazine | Title: Iran Hostages: An End to the Long Ordeal | 2/2/1981 | See Source »

...American Indians and provides convincing arguments that the prehistoric migration could just as easily have gone from the Americas as come to them. Few of Goodman's colleagues will subscribe to his theory; many still find his evidence in complete. Fewer still will be able simply to dismiss...

Author: /time Magazine | Title: Books: Notable: Jan. 19, 1981 | 1/19/1981 | See Source »

...spark, but cite others-including domestic revolt in Saudi Arabia, or the use of the Arab oil weapon again in another war with Isreal-that could slash U.S. energy supplies drastically, creating longer gas lines and higher prices than ever. Such gloomy scenarios may sound improbable, but don't dismiss them: the authors accurately forecast the Iran-Iraq conflict as likely weeks before it began...

Author: By Paul A. Engelmayer, | Title: Into the Energy Abyss | 1/8/1981 | See Source »

...anguish at three-martini lunches, but the political dynamite of our society comes from chronic unemployment and inflation along with the futility of many poor neighborthoods. The current stagnation prevents both the public and private sectors from assisting the poor they once did. While Muller is right to dismiss the voguish speculation on taxation and capital formation as irrelevant to future prosperity, he provides no radical response to pressing social problems. He advocates a decentralized, grass-roots reform of labor, corporations and government relationships. Muller outlines a program of cooperation between these economic actors that would eradicate the misallocation...

Author: By Siddhartha Mazumdar, | Title: No Industrial Revelation | 12/17/1980 | See Source »

...Costa and his wife; Cabinet Chief António Patricio Gouveia and two pilots. Almost immediately after takeoff, the plane lost altitude. It sheered a wing and dropped in flames to the street. All aboard were killed. Sá Carneiro's own Social Democratic Party was quick to dismiss any suspicion of sabotage. Airport employees reported that the Cessna was in such poor condition that mechanics had to help start the engines...

Author: /time Magazine | Title: PORTUGAL: A Gambler's Luck Runs Out | 12/15/1980 | See Source »

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