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Letting Lithuania buy its freedom is a good financial move for the Soviet Union. It will pump a lot of money into the nation's moribund economy, in much the same way that the end of the Cold War is supposed to provide the U.S. with a "peace dividend." The "freedom dividend" could be the economic spark Gorbachev needs to put borscht in every pot and Western consumer goods in every shop...

Author: By Beth L. Pinsker, | Title: Freedom at Fire Sale Prices | 3/21/1990 | See Source »

...shaky governments to gain an ephemeral geopolitical advantage. In dire economic straits itself, Moscow has grown disenchanted with a strategy that annually pumps well over $19 billion into the Third World -- two-thirds of it in military assistance and much of it not repaid -- for little or no dividend...

Author: /time Magazine | Title: Third World Don't Call Us, Friend, We'll Call You | 3/5/1990 | See Source »

Though criticized for not reaping a peace dividend, Bush has insisted that U.S. weapons were the necessary collateral for deals with Moscow, and his tenacity apparently paid off. For years both sides have been dickering over the fine points of a strategic missile treaty and got nowhere on reducing troops in Europe. But in the past week they went a long way toward settling crucial issues brought up during previous negotiations, including the December summit in Malta. Baker and Shevardnadze settled in principle two major sticking points and agreed to finesse a third that had been holding up an agreement...

Author: /time Magazine | Title: Why Are These Men Smiling?: James Baker and Eduard Shevardnadze | 2/19/1990 | See Source »

...majority is shortsighted in its belief that the so-called "Peace Dividend" should free billions of dollars for more social programs--such as an expensive universal health insurance program...

Author: By Dhananjai Shivakumar, | Title: Staff Naive | 2/15/1990 | See Source »

Does the Pentagon still need all its bombers, missiles, aircraft carriers and soldiers? Experts think the U.S. could pare down to a smaller, faster military without sacrificing security. Three scenarios for deeper cuts. -- The peace dividend is not as big as it looks. -- A State of the Union speech with Democratic rhetoric and a Republican budget. -- The Star-Spangled Banner is hard to sing; its words are hard to remember. Should the anthem be replaced...

Author: /time Magazine | Title: Time Magazine Contents Page: Feb. 12, 1990 | 2/12/1990 | See Source »

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