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...TIME conflicting assessments of whether Riyadh would agree to harbor F-117 Stealth fighters and other attack planes. Pentagon sources considered it likely; State Department officials weren't so sanguine. Heavy B-52 bombers will be based on the Indian Ocean island of Diego Garcia, a British territory on loan to the U.S., and B-1s will probably fly out of Bahrain, Qatar or the United Arab Emirates. Says Army General Hugh Shelton, the new Chairman of the Joint Chiefs of Staff: "We're confident that we have the capability to carry out whatever we are asked...

Author: /time Magazine | Title: FACING DOWN A DESPOT | 11/24/1997 | See Source »

...that economic problems have drained the Japanese government and private sector of the ability to save such institutions with emergency cash infusions or through friendly takeovers. Many Japanese financial institutions have been laid low by the country's seven-year tumble in land and stock prices and resulting bad-loan crisis...

Author: /time Magazine | Title: Sun Sets for Top Japanese Firm | 11/24/1997 | See Source »

...other one maybe 50 to as many as 100," Connor says. He also knew that the Gardner had no theft insurance--the last thing a thief needs; no insurance company to sell a stolen painting back to. And he "had inside information" about an insured Rembrandt hanging on loan in the Museum of Fine Arts, an institution with serious "political clout" that would send up "a huge hue and cry" and therefore was "the much, much more desirable place" to send into hysterics...

Author: /time Magazine | Title: THE GREAT ART CAPER | 11/17/1997 | See Source »

...Berezovsky is one of seven tycoons who between them control as much as half of Russia?s economy. Last summer, their harmonious coexistence was shattered when upstart banker Vladimir Potanin (with a loan from George Soros) scooped up a giant government-owned investment firm, upstaging a key Berezovsky ally. In months of political intrigue that followed, Chubais stepped in to back Potanin, and now appears to have persuaded Yeltsin to fire a man who is alleged to have contributed as much as $30 million to the president?s re-election campaign...

Author: /time Magazine | Title: Tycoon Turmoil Touches Kremlin | 11/5/1997 | See Source »

...Manley, a press officer for Sen. Edward M. Kennedy '54-'56, said that the senator--who authored the bill which set up the Direct Loan program--is currently looking for ways in which the federal government can alleviate students' financial problems...

Author: By Anne M. Stiles, CRIMSON STAFF WRITER | Title: Average Student's Debt Twice '91 Level | 10/29/1997 | See Source »

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