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...focus of the club's concern is money lent to Third World countries not by private banks but by governments themselves. The main work of the club is "rescheduling," a euphemism for delaying portions of government-to- government debt that is one or two years in arrears, usually with the proviso that current obligations be met. The club's membership list includes such predictable names as the U.S., Britain, France and Japan, all well-known international lenders. But the club also includes some Third World debtors, like Brazil (foreign debt: $110 billion), that have nonetheless managed to lend money...

Author: /time Magazine | Title: In Debt? Ring Up the Louvre | 7/13/1987 | See Source »

...Bacharach's songs, built a brand-new bridge connecting gospel urgency to show-tune sophistication. Barbra Streisand moonlighted from Broadway and never went back. The jazz inflections of Nina Simone and Sarah Vaughan enriched the vocabulary of pop. The megaton voices of Jackie DeShannon, Dusty Springfield and Timi Yuro lent powerful shadings to love songs. And the girl groups -- all the -elles and -ettes, the Supremes and Shangri-Las -- kept teen pulses surging to an irresistible beat. It made for a varied, vigorous music, in the golden age of chanteuse...

Author: /time Magazine | Title: Show Business: The Prom Queen of Soul | 7/13/1987 | See Source »

...Lent, lint -- like in your pocket...

Author: /time Magazine | Title: In California: Lint Is Art | 6/1/1987 | See Source »

...Washington, the only U.S. city that has pandas on permanent exhibit, schoolchildren send them yearly valentines. When the female (also named Ling Ling) fell ill in 1982, she received thousands of get-well cards; some admirers tearfully called for the latest word on her condition. China lent a pair to the Los Angeles Zoo in conjunction with the 1984 Olympics; attendance more than doubled, and pandamaniacs endured three-hour waits. San Francisco's zoo, where the couple went next, saw attendance jump...

Author: /time Magazine | Title: Living: The Whole World Goes Pandas | 5/11/1987 | See Source »

...Ling Ling, Yong Yong and the other actors in what might be called China's Traveling Panda Act -- two more will be lent to the Netherlands' Beekse Bergen park this month -- are meant to do more than entertain. Pandas also carry a message: they are an endangered species with a bleak future. Only a few, 700 or so, still roam the mountains of central China, and there are not enough in zoos to ensure their survival...

Author: /time Magazine | Title: Living: The Whole World Goes Pandas | 5/11/1987 | See Source »

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