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Miami is now in the grip of a new surge of immigration, this time from Nicaragua. Fleeing economic misery and political persecution in that embattled Central American country, as many as 200 refugees a day are hitting town. By the end of this year, an estimated 100,000 more Nicaraguans will seek refuge in Miami. The city has not experienced such an overwhelming influx since the Mariel boatlift deposited 125,000 Cuban refugees...

Author: /time Magazine | Title: A Brightly Colored Tinderbox | 1/30/1989 | See Source »

...Gorbachev might soon be forced to share power or be pushed aside entirely. Rumors of political frailty have plagued Gorbachev before, but this time they cropped up in more than one place. In Moscow a Western diplomat remarked, "There are a lot of indications that Gorbachev is losing his grip." In New York City speculation swirled in the corridors of the United Nations. "Is it possible that Gorbachev has reached the crucible?" asked a West German Kremlinologist. "Yes it is." Even a senior Soviet diplomat admitted, "The worst could happen, and it could come soon." Yet for all the jittery...

Author: /time Magazine | Title: Soviet Union The Shaky Fortunes of Gorby Inc. | 1/30/1989 | See Source »

...economists forecast that the U.S. gross national product, after adjustment for inflation, will grow a poky 2.3% in 1989, down from an estimated 2.8% last year. The economy will slow as the Fed's tightening grip on the money supply pushes up interest rates. At a growth rate of about 2% or less, most economists think the U.S. can expand without getting out of balance. "This is a slowdown the Fed can be happy with," says David Wyss, chief financial economist for Data Resources...

Author: /time Magazine | Title: No Joyride in 1989 | 1/9/1989 | See Source »

...Gorbachev has received generally high marks from Soviets for his handling of the disaster. He is being praised in Moscow for his fast reaction in cutting short his American trip and returning to the Soviet Union, and in keeping what appears to be a tight grip on events as they unfold. "He sent a high-level team to the region immediately and kept them there," says a senior Western diplomat in Moscow. "They showed compassion and worked with the local people. The real test will be in how well they organize the long-term reconstruction." The disaster catapulted Prime Minister...

Author: /time Magazine | Title: Soviet Union Vision of Horror | 12/26/1988 | See Source »

...coming.' All eyes turned ahead. A blue- green corpuscle was bumping along ahead of them." Some follow the adventures of Sherlock Holmes in outer space; some track the steps of Albert Einstein in his Princeton office: "He could not believe that the universe would be so entirely in the grip of chance. 'God may be subtle,' he once said. 'But he is not malicious...

Author: /time Magazine | Title: The Protean Penman | 12/19/1988 | See Source »

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