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Were the explosions caused by mines? If so, who laid them and why? No one is saying. What is known, however, is that at least nine merchant vessels of different national registries, including at least one Soviet ship, have been rocked at sea by mysterious blasts since early July. According to Lloyd's Shipping Intelligence, an arm of Lloyd's of London, the hazardous zones appear to be at the northern and southern ends of the Red Sea. One Dutch captain reported that his cargo ship was "mixed up in a minefield" off the coast of North Yemen...

Author: /time Magazine | Title: Egypt: Who Is Rocking the Boats? | 8/13/1984 | See Source »

...DEATH MERCHANT by Joseph C. Goulden...

Author: /time Magazine | Title: Books: A Terrorist for Our Times | 8/13/1984 | See Source »

Gastronom No. 1, an imposing three-story building on Gorky Street, Moscow's busy shopping thoroughfare, is no ordinary supermarket. Its vaulted interior boasts crystal chandeliers, inlaid marble and huge, gold-trimmed mirrors. Regular shoppers know it simply as "Yeliseyev's," after a Russian merchant who built the store in the 18th century. It is popular among foreigners, who consider it as awesome as some of the palace museums that were once the Czars' homes. It is equally appreciated by Muscovites, because it stocks such hard-to-find items as fresh fruit, vegetables and meat...

Author: /time Magazine | Title: Soviet Union: Warning Shot | 7/30/1984 | See Source »

During the past two months, Continental has been sharply pruning its operations. More than 300 employees, mostly clerical workers, have accepted early retirement. The bank has raised some $6 billion by calling in loans and selling its London-based merchant-banking subsidiary...

Author: /time Magazine | Title: The Rescuer of Last Resort | 7/30/1984 | See Source »

Adnan Khashoggi, 48, the jet-about Saudi Arms merchant and investor, along with his brother Essam, last week agreed to pay $8 million for a half-interest in the Utah Jazz basketball team. The Jazz deal caps a string of Khashoggi investments in Salt Lake City. The state's conservative political and social environment appeals to the Khashoggi family, which during the past decade has pumped $77 million into an array of Salt Lake City development projects, including a $600 million downtown office complex called Triad Center...

Author: /time Magazine | Title: A Saudi Digs the Jazz in Utah | 7/9/1984 | See Source »

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