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...year low of 80.3? against the U.S. dollar as recently as a month ago. But that does not seem to deter some savers who say that the risk of a currency decline is outweighed by the high interest rates they receive. Says Detroit Advertising Salesman Phillip Marien, who has a Canadian passbook account: "I don't worry too much about a currency devaluation. You can take money out at any time without a penalty...

Author: /time Magazine | Title: The March of Dollars | 9/14/1981 | See Source »

Died. Emile Cardinal Biayenda, 50, Roman Catholic Archbishop of Brazzaville, the Congo; kidnaped from his Brazzaville home and slain. One of eight black African Cardinals, Biayenda was made the first Congolese primate by Pope Paul VI in 1973. He was killed five days after the assassination of Congolese President Marien Ngouabi, of whose socialist policies he approved. Some observers fear that the murders may be a new beginning of tribal warfare in the Congo...

Author: /time Magazine | Title: Milestones, Apr. 4, 1977 | 4/4/1977 | See Source »

Another destabilizing burst of violence came last week in Brazzaville, capital of Zaïre's stridently Marxist neighbor, the People's Republic of the Congo. There an unidentified group of men burst into National Popular Army staff headquarters and gunned down President Marien Ngouabi. A pudgy French-trained army major who survived several previous attempts on his life, Ngouabi, 38, was long a bitter enemy of Zaïre's Mobutu. His tiny (pop. 1.3 million), dirt-poor country has enjoyed Soviet patronage for years, and its airport served in 1975 as a convenient refueling point...

Author: /time Magazine | Title: AFRICA: Cubans, Cubans Everywhere | 3/28/1977 | See Source »

...F.N.L.A-held city of Santo Antonio do Zaire, at the mouth of the Congo River, fall to the M.P.L.A., the Luanda regime would have control over Zaire's only major outlet to the sea. Mobutu is due to meet sometime this month with his cross-river neighbor, Congo President Marien Ngouabi, a past Mobutu foe who strongly supports the M.P.L.A. The betting is that Mobutu will approach Ngouabi for some sort of deal with Neto to protect his Atlantic access...

Author: /time Magazine | Title: AFRICA: Angola's Three Troubled Neighbors | 2/16/1976 | See Source »

...turned up at Kampala. Three nations-Tanzania, Zambia and Botswana-boycotted the assemblage to protest Big Daddy's presence in the chair, and 24 others sent lesser delegations. The unexpected overthrow of Nigeria's Yakubu Gowon at mid-meeting cast another pall. Four participants -Congo's Marien Ngouabi, Gabon's Omar Bongo, Cameroon's Ahmadou Ahidjo and Niger's Seyni Kountché -quickly lit out for home. "Maybe they're not exactly afraid," commented one Arab delegate. "Just prudent...

Author: /time Magazine | Title: AFRICA: Big Daddy: The Perfect Host | 8/11/1975 | See Source »

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