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Foremost among the American past "sins" in the region was a longstanding policy of supporting cooperative military regimes. The most glaring example of such support: the CIA-engineered military coup that toppled a reform-minded Guatemalan government in 1954. The Carter Administration seemed to foreshadow a change in policy with its human rights campaign. In 1977 Guatemala angrily rejected U.S. military aid because of the human rights provisions attached to it. In 1978, when Somoza's power was already threatened by the Sandinistas, Washington severed its special military relationship with the high-living Nicaraguan dictator. Soon afterward, the Administration...

Author: /time Magazine | Title: CENTRAL AMERICA: The Land of the Smoking Gun | 8/18/1980 | See Source »

Savvy money managers began looking at stocks with renewed interest last spring, when they decided that the second quarter's 9% drop in the gross national product did not necessarily foreshadow a long and deep recession. After all, there were some signs of economic health to be seen. Interest rates started falling rapidly in May, following the peaking of inflation at 18% in March; the "leading" indicators, which point to the future direction of the economy, turned up smartly in June, and housing began to show signs of renewed life in July. For many professional investors, the most convincing...

Author: /time Magazine | Title: Business: The Bulls of Summer 1980 | 8/18/1980 | See Source »

...real level, and by the fact that at the symbolic level, the value in the Arab and Muslim worlds of U.S. recognition and demonstration of sincere respect for Palestinian national rights would be immeasurable. However, Carter's State of the Union comments on the Middle East seem not to foreshadow a positive policy at all, but only the old reactives behind-the-eight-ball U.S. policy writ large...

Author: By George E. Bisharat, | Title: THE MIDDLE EAST | 2/14/1980 | See Source »

Keeble's prose can get a bit steamy, especially when he intends to foreshadow ominous events. But once on the road, the author restores the tired abstractions of great Western space and silence with fresh feelings of motion and flight. Both animals and men are hunted in this hard though never heartless book. The prey die with fierce dignity and the predators do not gloat...

Author: /time Magazine | Title: Books: Easy Driver | 2/4/1980 | See Source »

...speak of the children. If we can live through the next years of nuclear weapons peril, and the dangers within this country of civil strife--what I sometimes think of as traffic jam litigious democracy--I can envisage benign futures which some wings of the women's movement foreshadow with their combined interest in nurturing the oncoming population of children and tough-minded realism about contemporary affairs...

Author: By David Riesman, | Title: Nuclear Countdown | 1/7/1980 | See Source »

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