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...Marxist Banker...

Author: /time Magazine | Title: Letters: Jul. 25, 1983 | 7/25/1983 | See Source »

...Fekete. His name could not be more Hungarian. He is introduced as the favorite Eastern banker of Western bankers, the man who has raised hundreds of millions of dollars in loans to keep the Hungarian economy afloat. Yet he is described by you as an avowed Marxist and master at using Western financial methods. If the Communist system had been established in the Western nations at the same time it was forced on the countries of Eastern Europe, where would János Fekete have gone to borrow all those millions of dollars...

Author: /time Magazine | Title: Letters: Jul. 25, 1983 | 7/25/1983 | See Source »

...Central American crisis. As he told TIME Diplomatic Correspondent Strobe Talbott last week: "For decades there has been repression of the people of Central America by oligarchs. This has created a serious dilemma for the U.S. Is it going to support unpopular oligarchs against guerrillas controlled by the Marxist-Leninists? Costa Rica wants to be identified with whatever chance there is for a peaceful solution to the problems of the region...

Author: /time Magazine | Title: An Apt and Able Middleman | 7/18/1983 | See Source »

...organs of state power are evident enough, but their presence seems muted by crenellated temple roofs and reinvigorated marketplaces. In contrast to the oppressive presence of Communism in Hanoi, few propaganda banners festoon the streets, and soldiers in battle dress are rarely encountered. Buddhism flourishes: Marxist reservations notwithstanding, men still don the saffron robes of priesthood for a time and rise before dawn to walk through the morning mist in search of alms. Well-off Laotians may apply for exit visas and generally receive them. Items such as enamel spray paint, light bulbs and vitamins, all unavailable in Hanoi...

Author: /time Magazine | Title: Laos: The Land of Feeling Good | 7/18/1983 | See Source »

...Laos has been struggling since 1979 to sustain a socialist course unfettered by Hanoi's doctrinaire style. When the Pathet Lao Communists took over in Vientiane in 1975 after the U.S. withdrawal from Viet Nam, they quickly forced the resignation of King Savang Vatthana and instituted hard-line Marxist policies that brought the country to the edge of ruin. Private trade was banned, the few existing factories were nationalized, and restrictions on private life burgeoned. The Pathet Lao appropriated livestock and went so far as to require young people to obtain approval from party cadres before falling in love...

Author: /time Magazine | Title: Laos: The Land of Feeling Good | 7/18/1983 | See Source »

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