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...opposed the new airport, advocating instead an expansion of Denver's Stapleton International Airport. But after he was elected, Pena became a supporter of the popular project. Throughout 1984, as Denver secretly negotiated with neighboring Adams County for a new site, M.D.C. and Silverado quietly began buying up farmland that would eventually be selected as part of the development corridor leading to the airport. "Despite all the millions of profits they were showing on paper, M.D.C. and Silverado had been running on empty for a long time, and they looked at potential profits from the new airport as a savior...

Author: /time Magazine | Title: Rush For Gold: How Silverado Operated | 8/13/1990 | See Source »

...leaves open the possibility for the Ukraine to enter voluntarily into a new union of Soviet republics, it goes further than a similar document passed last month in neighboring Russia. Thus the U.S.S.R.'s second largest republic, with a population of 52 million and some of the most fertile farmland, richest coal fields and largest industrial centers in the Soviet Union, has joined seven of the country's 14 other republics in formally loosening ties with the central government...

Author: /time Magazine | Title: Soviet Union Breakaway Breadbasket | 7/30/1990 | See Source »

...with related themes, over a 1988 Riesling, as the talk stretches into the early morning hours. The seven have seen little of one another since their graduation in 1956 from the Hittorf Gymnasium, a prep school in Recklinghausen (pop. 123,000), where the industrial Ruhr melds into the rich farmland of Westphalia. The reunion, prompted by the visit of a journalist classmate living in New York City, provides a perfect opportunity to catch up. Here with intensity, there with a curious lack of passion, their talk at Niehues' home in Recklinghausen ranges over a lifetime -- and is echoed later...

Author: /time Magazine | Title: Germany: Down Memory Lane | 7/9/1990 | See Source »

...remain contaminated with high levels of radioactivity. The poisoning of the land has created dire health problems and economic devastation. A new study by the chief economist of a Soviet government institute calculates that the cost of Chernobyl, including the price of the cleanup and the value of lost farmland and production, could run as high as $358 billion -- 20 times as much as earlier official estimates...

Author: /time Magazine | Title: Environment: Legacy Of a Disaster | 4/9/1990 | See Source »

...believed to be buying valuable chunks of the American economy, but clever Dutch sandwiches and other subterfuges make it almost impossible for U.S. authorities to track foreign investors. A case in point: blind corporations based in the Netherlands Antilles control more than one-third of all foreign-owned U.S. farmland, many of the newest office towers in downtown Los Angeles and a substantial number of independent movie companies producing films like Sylvester Stallone's Rambo pictures...

Author: /time Magazine | Title: A Torrent of Dirty Dollars | 12/18/1989 | See Source »

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