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PANAMA CITY, Panama--Troops loyal to Gen. Manuel Antonio Noriega recaptured the headquarters of the Panamanian Defense Forces yesterday and declared that they had crushed an attempted coup...

Author: NO WRITER ATTRIBUTED | Title: Panamanian Troops Foil Attempted Coup | 10/4/1989 | See Source »

...happening. Vice President Dan Quayle's campaign claim that the U.S. "is the envy of the world" puzzled many prosperous West Europeans. Though still much admired, America, with its violent streets, racial tensions, drug addiction and homelessness, is no longer the beckoning place it once was. Says Jean Manuel Bourgois, vice president of Groupe de la Cite, France's second largest publishing house: "The magic of the American dream has gone. Today Europeans find less to envy in America...

Author: /time Magazine | Title: Charging Ahead Watch out, Washington and Moscow. | 9/18/1989 | See Source »

Last week the Environmental Protection Agency recommended that up to $1 billion in pollution controls be installed at the station. But the Federal Bureau of Reclamation owns a 24% interest in Navajo and would have to contribute to the cleanup. Faced with an interagency imbroglio, Interior Secretary Manuel Lujan responded in classic fashion by ordering up yet another study, thus casting further haze over the future of Grand Canyon...

Author: /time Magazine | Title: Parks: Haze over The Canyon | 9/11/1989 | See Source »

While no more than 5% of LBOs have so far been failures, an economic downturn could sharply raise the number of casualties. Warned Manuel Johnson, vice chairman of the Federal Reserve Board, in a June speech: "If there were a significant negative shock to the economy, high debt levels could lead to a succession of bankruptcies, causing a crisis of confidence." Johnson estimated that roughly 40% of all leveraged deals are in cyclical industries that are "more likely to run into trouble in the event of a severe slump...

Author: /time Magazine | Title: LBOS: Let's Bail Out | 8/14/1989 | See Source »

...eight years as Customs commissioner, Von Raab's penchant for independent action and colorful talk has landed him in a series of well- publicized scrapes. He was an early and vehement critic of Washington's see-no-evil policy toward Panama strongman Manuel Noriega. He appalled civil libertarians by proposing to shoot down suspected drug-smuggling planes. He infuriated the State Department by trying to mark passports of drug smugglers caught at the border. He promoted the "zero tolerance" program that called for prosecuting people apprehended with small amounts of drugs and confiscating their cars, boats and planes...

Author: /time Magazine | Title: A Loose Cannon's Parting Shot | 8/7/1989 | See Source »

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