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...Khalifa who designed many of Kuwait's successful investment strategies, and Khalifa who reorganized Kuwait's oil industry following the government's 1975 takeover of the Kuwait Oil Co. -- a joint venture of Gulf Oil Corp. and British Petroleum. And now, to no one's surprise, it is Khalifa who is at the center of his country's most ambitious effort: the attempt to reinvent Kuwait. If implemented in its entirety, the intricate and politically tricky plan could transform the demography, character and economy of what everyone involved is calling New Kuwait...

Author: /time Magazine | Title: Toward A New Kuwait | 12/24/1990 | See Source »

...survey indicating that 70% of Slovaks wanted to stay in the federation, he took no chances. Stepping in with a request to rule by decree if necessary, Havel warned that if democracy failed, "we would be cursed by future generations." Negotiators took the hint and produced a compromise: joint stock ownership of utilities and a rotating chairmanship of the central bank. But a perverse question continues to haunt the new democracies eager to join modern Europe's mainstream: What if the right to choose translates into the decision to say "No, thanks" to democracy...

Author: /time Magazine | Title: Eastern Europe Populism on the March | 12/24/1990 | See Source »

...total. That marked a mild gain over the previous two years, but is still low considering that blacks represent about 12.4% of the U.S. population. "If we were color- blind as a nation, then ending these scholarships would be understandable," says Gina Smith, 19, the first recipient of a joint Hope College-University of Michigan scholarship for minority students interested in medicine. "But we're not there...

Author: /time Magazine | Title: Wrong Message, Wrong Time | 12/24/1990 | See Source »

...playing a key role in developing such technology as the microprocessor. But the company has failed to convert high science into financial success. Its first commercial computers, a series of midsize machines called 3Bs, flopped largely because, at up to $100,000, they were overpriced. The company later formed joint ventures with Convergent Technologies and Italy's Olivetti to make personal computers under the AT&T brand. It also formed a partnership with Sun and made a number of minor acquisitions, including Paradyne, a modem maker, and Istel, which customizes computer systems. But AT&T never managed to capture more...

Author: /time Magazine | Title: Reach Out and Grab Someone | 12/17/1990 | See Source »

Such sentiments were buttressed by the testimony of a chorus of blue-ribbon experts, including seven former Defense Secretaries and two former Chairmen of the Joint Chiefs of Staff, who all counseled temperance. No witness was more compelling than the government's own William Webster, director of the CIA, who, to the amazement of many, departed from the Administration's line when he projected that the embargoes would begin to bog down Saddam's military in three to nine months...

Author: /time Magazine | Title: The Gulf Options for Peace | 12/17/1990 | See Source »

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