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Of all the problems confronting Moscow, however, the challenge for independence mounted by Lithuania threatened to have the most serious consequences. Nothing less than the territorial integrity of the Soviet Union, and possibly the survival of its leader, seemed to be at stake. The stage was set on Dec. 20...

Author: /time Magazine | Title: And Now, Divorce? | 1/22/1990 | See Source »

The big red military machine may still look formidable from 22,000 miles up, the altitude from which American spy satellites snap pictures of armored columns on maneuver. But at ground level, the Soviet army looks more like a lot of bewildered 17-year-olds, many of them far from...

Author: /time Magazine | Title: Rethinking The Red Menace | 1/1/1990 | See Source »

According to Migranyan, the unsettling change in climate is partly due to Gorbachev's democratizing efforts. Those measures have permitted grass-roots resistance to unpopular reforms. "The Soviet Union," said Migranyan, "is acting like a democracy without really being one." Above all, said Migranyan, his country needed a model to...

Author: /time Magazine | Title: What The Future Holds | 12/18/1989 | See Source »

Two outcomes were possible, Migranyan suggested: Gorbachev might become more authoritarian, "crushing all obstacles and imposing economic reforms," or a conservative regime might emerge that would jettison him along with his political and social reforms, even while seeking to modernize the economy. With Gorbachev's room for maneuver shrinking, Migranyan...

Author: /time Magazine | Title: What The Future Holds | 12/18/1989 | See Source »

Banking sources in Australia say Bond only regained title to this Manet in the nick of time. He had bought it at Christie's in 1983 for $3.96 million and transferred ownership to the Sydney branch of Chemical Bank. Chemical then leased it back to Bond. Why this maneuver? Because...

Author: /time Magazine | Title: Art: The Anatomy of a Deal | 11/27/1989 | See Source »

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