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Bribe Squeezers. Mobutu realizes that the first necessity for the northeast is the re-establishment of fundamental order. The Simbas killed or carried off almost all the trained civil servants, leaving vast areas of the north east governed by second-rate profiteers who squeeze bribes and extortion mon ey out of the population at every chance. They are in for trouble: Mobutu has opened an interprovincial police training school in Kisangani that has already sent 250 cops throughout the northeast...

Author: /time Magazine | Title: The Congo: New Order | 7/22/1966 | See Source »

...year's second quarter ends this week, and for savings and loan associations that is a time when depositors are tempted to pocket their quarterly dividends and then pull out their mon ey. To prevent wide-scale withdrawals and to attract funds for mortgages, Los Angeles' Home Savings and Loan Association, the nation's biggest, boosted the rate on regular passbook accounts from 5% to 5¼% , and on longer, 36-month savings to 5¾% . Other S & Ls followed suit but may be squeezed for profits at these rates because many are less efficient than Chairman...

Author: /time Magazine | Title: Money: Up Another Notch | 7/1/1966 | See Source »

...scene is a sunbathed sugar-cane field 18 miles south of Camagüey. The Prime Minister of the republic is wearing fatigue pants, gloves, a sweaty, long-sleeved shirt and a sloppy sombrero. He is perspiring copiously and his beard is dripping. He slashes right and left at the stalks with a shiny machete as a Cuban radio reporter approaches with microphone in hand...

Author: /time Magazine | Title: Cuba: Sugar Blues | 4/15/1966 | See Source »

Meanwhile, under pressure from a starving economy and Castro's brutal security forces, the ragtag exodus of Cubans from their homeland continues. Last week a yachtsman off Miami rescued onetime Camagüey Province Governor Luis Casas Martinez, 36, from a raft on which he had drifted alone for twelve days after escaping from a Castro prison. Casas Martinez, whose sister fled to Florida in 1964, had once been a Castro official, but he fell into disfavor. An X tattooed over his heart marked him for death for plotting against Castro. He was the latest of more than...

Author: /time Magazine | Title: Cuba: Exporter of Communism | 8/6/1965 | See Source »

According to Kyprianou, Russia would soon be supplying not only mon ey, but arms as well in the struggle to outmaneuver the Turkish minority on the island. Since the Greek Cypriots were already adequately stocked with enough firepower to destroy the Turkish Cypriots, some experts assumed that the deal might involve radar equipment and antiaircraft weapons sophisticated enough to prevent Turkish planes from resuming their forays from the mainland 40 miles away. Such equipment would surely require the services of expert Russian personnel-giving Moscow its first real foothold in the Mediterranean...

Author: /time Magazine | Title: Cyprus: New Fish in the Lake? | 10/9/1964 | See Source »

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