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...bicentennial issue is loosely modeled on two similar editions produced for the 1976 U.S. bicentenary. Titled The World of 1788: A Nation Is Born, the Australian effort is a TIME-like account of life in Terra Australis and in the world beginning Jan. 26, 1788, the day the first fleet carrying British convicts landed at Sydney Cove, an event recognized as Australia's birth...

Author: /time Magazine | Title: A Letter From the Publisher: Nov. 30, 1987 | 11/30/1987 | See Source »

...rhetoric has marched quickly away from reality. An aging Chevrolet Impala with a cracked windshield and an oil light that glows menacingly in the dark rattles down a potholed road. Bouncing headlights pick out clumps of stoic people waiting for buses that arrive infrequently and full. The bus fleet, local wisdom has it, has almost been run off the road because its mechanics are employed fixing the army's Soviet T-54 tanks. Many people resort to walking, and after dark, shadowy figures flit ghostlike through a heavy shroud of exhaust fumes created by engines vigorously protesting the shortage...

Author: /time Magazine | Title: Nicaragua: At War With Itself | 11/16/1987 | See Source »

...have decided to take action, and have taken it, you'll know what it is." Shultz said the missile assault was less of a challenge to U.S. power than it first seemed, since the Sea Isle City was in Kuwaiti waters and thus beyond the jurisdiction of the U.S. fleet when...

Author: /time Magazine | Title: The Gulf Silkworm's Sting | 10/26/1987 | See Source »

...dawn attack on the reflagged tanker came almost exactly 24 hours after another missile, also thought to be an Iranian-launched Silkworm, slammed into the starboard side of the supertanker Sungari, a U.S.-owned, Liberian- registered vessel that was not under the protection of the U.S. fleet. No one , was hurt in the attack...

Author: /time Magazine | Title: The Gulf Silkworm's Sting | 10/26/1987 | See Source »

...dollars to Iraq during the seven-year war. Dozens of ships bound to and from Kuwait have come under fire from armed Iranian speedboats that race around the gulf. Until now, however, the Iranians have taken care not to directly attack the eleven tankers -- half the Kuwaiti-owned fleet -- now under the protection of U.S. warships...

Author: /time Magazine | Title: The Gulf Silkworm's Sting | 10/26/1987 | See Source »

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