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Dates: during 1980-1989
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...possibility when Secretary of State Alexander Haig visited Rumania earlier in February. Now Washington officials are beginning to wonder whether Rumania will be able to meet payments on the billions of dollars more that it owes to commercial banks round the world. Almost half of Rumania's debt load is in the form of short-term loans that must be either rolled over or paid in less than a year...

Author: /time Magazine | Title: Now It's Cash-Strapped Rumania | 3/8/1982 | See Source »

...included at least 14 Americans, a Soviet freighter 65 miles east of the rig radioed that it was taking on water and listing badly. Before dawn Tuesday, the 4,262-ton Mikhanik Tarasov-bound from the St. Lawrence River port of Trois Rivières to Leningrad with a load of newsprint-slipped beneath the waves, taking all but five of its 37-man crew to their deaths. By week's end 40 bodies had been recovered from both vessels, and all aboard the Ocean Ranger were presumed dead...

Author: /time Magazine | Title: Disasters: Wreck of the Ocean Ranger | 3/1/1982 | See Source »

...flight itself, NASA spokesmen noted that even in their abbreviated tour around the earth, Engle and Truly had still managed to perform most of their work load, especially the key experiment: trying out for the first time in zero-gravity the shuttle's $100 million Canadian-built mechanical arm. On future flights, the arm will be used to place satellites in earth orbit and to pluck them out of space and load them into the orbiter's big cargo bay when they require servicing or replacing. NASA's verdict on the extraterrestrial crane would have delighted...

Author: /time Magazine | Title: Space: Radiant Lift-Off, Hasty Landing | 11/23/1981 | See Source »

...Norman he is able to bring together, in a single character, the two main strands of his talent. The old gentleman's character is grounded on the main line of Fonda's star career. The fundamental decency and intelligence that were basic to the likes of Tom load and Mr. Roberts still infuse his presence...

Author: /time Magazine | Title: At Last. Kate and Hank! Hepburn and Fonda in On Golden Pond | 11/16/1981 | See Source »

There are just 18 machining centers, operating under computer control, at the Yamazaki plant. Human workers are now needed only at the very beginning of the production process. They use cranes to load metal castings onto fixtures which are wheeled into a storage area by a yellow trolley. When the electronic factory is ready for the casting, the metal is automatically rolled from there over to the proper machining center, which selects the right tool from a large drum of some 40 accessories and begins to customize the casting according to computerized blueprints. If a drill bit should suddenly snap...

Author: /time Magazine | Title: Look, No Hands | 11/16/1981 | See Source »

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