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...happiness and justice has, of course, inspired a worldwide campaign against South Africa. After years of prodding by protest groups, the U.S. Congress in 1986 banned new corporate investment in South Africa and stopped the import of South African steel, iron, coal, uranium and textiles, as well as the export of computers and petroleum to that country. Similar punishments have been imposed by the European Community, the Commonwealth and Japan...

Author: /time Magazine | Title: South Africa: United No More | 5/4/1987 | See Source »

...country has been doing since he first made that vow at the outset of the Cuban revolution. Indeed, many of the problems facing Cuba have a distinctly familiar ring. World prices are sorely depressed for its two leading hard-currency earners, oil from the Soviet Union, which it exports on the spot market, and sugar. Moreover, bad weather has damaged the sugar crop; in recent years Cuba has been forced to buy shipments from other countries to meet its sugar-export quotas to the Soviet bloc. The resultant drop in foreign earnings is in part responsible for the anticapitalism moves...

Author: /time Magazine | Title: Cuba Building Socialism - One More Time | 5/4/1987 | See Source »

...renegade nation obtains a nuclear warhead and then acquires the means to deliver the deadly device. Last week the U.S. and six allies (Japan, Britain, France, West Germany, Italy and Canada) announced an agreement that could make that scenario less likely. Each has promised not to export any missiles powerful enough to carry a 1,100-lb. nuclear warhead more than 190 miles...

Author: /time Magazine | Title: Nonproliferation: Curbs on the Big Rockets | 4/27/1987 | See Source »

...Israeli press quickly identified the head Shin Bet investigator in the Napso case as Yossi Ginossar, who resigned from the agency in the bus- hijacking scandal. Ginossar, now director of the state-owned Israel Export Institute, issued a statement through his lawyer that news reports linking him to evidence tampering in the Napso case "were without any basis in reality." Shin Bet officials, who for security reasons want to avoid a public airing of their methods and operations in open court, have sounded out Napso on the possibility of a pardon. So far, he has rebuffed the entreaties...

Author: /time Magazine | Title: Israel: Once More on The Hot Seat | 4/27/1987 | See Source »

...history of trade sanctions, however, shows how dangerous commercial conflicts can be. One sobering example dates back to 1941, when the U.S. and other Western powers imposed sanctions on the export of iron and manganese to Japan for its incursions into Manchuria. That embargo played a role in the Japanese decision to attack Pearl Harbor. Nothing remotely similar in the way of hostility, of course, looms in the current trade battle. But as the two sides confront each other, they need to be acutely aware that deep antagonisms over trade can often contain the seed of future disaster...

Author: /time Magazine | Title: Trade Face-Off: A dangerous U.S.-Japan confrontation | 4/13/1987 | See Source »

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