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...many Panamanians feel Torrijos and the project's backers are "looking through rose-colored glasses," says Fernando Manfredo, the canal's former deputy administrator and a leader of the anti-expansion campaign. Among their fears: increasing Panama's already sizable foreign debt, now more than $10 billion, or about 60% of GDP; other credible estimates indicate the expansion's cost would be closer to $8 billion; and uncertainties, like a possible downturn in Asia's economies, which could deflate the promised benefits. "Our big concern," says Manfredo, "is whether we'll really recuperate what we're going to throw into...

Author: /time Magazine | Title: Engineering: New Path to Progress | 10/15/2006 | See Source »

Warns Fernando Manfredo Jr., a Panamanian who is deputy director of the Canal Commission: "One thing...

Author: /time Magazine | Title: Panama: After Torrijos | 8/17/1981 | See Source »

...force, are being trained to replace them. Until the Panamanians are ready, American technicians are needed to operate the waterway. And until 1990, an American will serve as the canal's chief administrator, with a Panamanian deputy; after that, the posts will be reversed. Says Deputy Administrator Fernando Manfredo: "We need to train Panamanians, but instead of being ready in 20 years, I feel we can be ready to take over...

Author: /time Magazine | Title: PANAMA: No More Tomorrows | 10/15/1979 | See Source »

...Diego Giacometti and a collage by Clave. The exchange began by accident 14 years ago, soon after the mustachioed little tailor, an expatriate Italian from the mountain village of Bellona near Naples, and his wife Slava opened shop on the Riviera. One day the Florentine ceramist and painter Manfredo Borsi ordered a suit. "If you prefer," Borsi imperiously suggested, "I will pay you with one of my paintings." Sapone did not really prefer. "I had never looked at a painting in my whole life," he recalls. "I looked at women." Overwhelmed by Borsi's forceful manner, however, he reluctantly...

Author: /time Magazine | Title: Collectors: The Needle and the Brush | 1/17/1969 | See Source »

Dating from 1959, Gruppo N numbers five young artists more adept with pliers and power drills than brushes who meet for seminars once a week. Says N-Man Manfredo Massironi, 27, "We consider ourselves technicians, in the medieval sense, rather than artists." Going to the Nth degree, they use prisms and grids, often machine-driven, whose rippling moiré patterns look more vibrant through spotlighted darkness (at left, top). A similar splinter group is Spain's Equipo 57, who like others sign their work collectively (lower left). Their theory starts with "interactivity," in which any two planes...

Author: /time Magazine | Title: Art: OP ART: PICTURES THAT ATTACK THE EYE | 10/23/1964 | See Source »

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