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After a decade of frantic overexpansion, commercial-property developers are reeling from hefty debt and rising vacancy rates. -- Cries of price gouging greet Big Oil's big profits...

Author: /time Magazine | Title: Time Magazine Contents Page: Nov. 5, 1990 | 11/5/1990 | See Source »

...prerogatives under the old Soviet regime in return for passivity before a heavy-handed state. The Soviet government has returned more than 1,000 churches, but money for needed repairs is sorely lacking. Though disenchanted atheists are flocking to the old faith, there are too few trained priests to greet them. Father Alexander Borisov, a Moscow city councilman, says many lay churchgoers "have never even read the Gospels." Little wonder: scarce Bibles still sell in Moscow churches for 200 rubles (roughly one month...

Author: /time Magazine | Title: Religion: No Longer Godless Communism | 10/15/1990 | See Source »

Shouts of excitement greet the arrival of two Jordanian entrepreneurs driving a pickup truck loaded with ice. A brick-size chunk goes for one Jordanian dinar (about $1.50), and the sellers profit handsomely -- though not as well as they might. Many of the refugees are penniless, forced to leave their life savings behind in Kuwaiti bank accounts long since looted by Iraqi troops...

Author: /time Magazine | Title: The Gulf: On The Edge of Tragedy | 9/17/1990 | See Source »

Americans initially greet almost any military mission by rallying around the President and the flag. It is almost an involuntary reflex. That was even true of Vietnam. "That's usually the way it is at the beginning of these affairs," Dean Rusk, 81, says with a philosophical wariness. As Secretary of State during the Johnson Administration, Rusk watched the radical turning of ; public opinion against the war in Southeast Asia. "If this ((conflict in the gulf)) drags on," Rusk says, and if there are American casualties, "things may change...

Author: /time Magazine | Title: The Gulf: A New Test of Resolve | 9/3/1990 | See Source »

...think Germany is any worse than any other country," says Carl Schorske, Princeton professor emeritus of history and author of Fin de Siecle Vienna. "Since the war, Germany has become rather European. In fact, even in the clues of personal behavior -- the way people walk, the way people greet you, the way they speak their language -- in all these things, there has been a tremendous change in Germany since the Nazis. I don't see another Nazism on the horizon...

Author: /time Magazine | Title: Germany Toward Unity | 7/9/1990 | See Source »

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