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...nondefense cuts be held to only $35 billion, Reagan said that he offered to split the difference at $48 billion. "And that was rejected," he declared. "The meeting was over." The impasse was actually far more complicated, but the President had indeed taken steps to "go an extra mile" to reach a compromise...

Author: /time Magazine | Title: The Summit That Failed | 5/10/1982 | See Source »

...Eastern Daylight Time Friday. At that point, British government spokesmen had made it clear that Argentine planes on the ground, including the Italian-built Aermacchi light attack aircraft spotted on the islands, would be considered in violation of the ban on all non-British craft within a 200-mile radius of the islands...

Author: /time Magazine | Title: Now, Alas, the Guns of May | 5/10/1982 | See Source »

...Sunday, as two helicopters ferried reconnaissance units to the 100-mile-long island, the British had a stroke of luck. Some five miles from South Georgia, the chopper pilots spotted the Argentine submarine Santa Fe moving toward Grytviken. The British fired at the sub, a diesel-powered craft built in 1944 by the U.S., with machine guns and rockets. They scored at least three hits on the vessel, which began leaking oil and giving off smoke. The stricken Santa Fe limped into Grytviken harbor to beach itself. As about 50 Argentine troops poured off the vessel...

Author: /time Magazine | Title: Now, Alas, the Guns of May | 5/10/1982 | See Source »

Navassa. Both the U.S. and Haiti claim this two-mile-long, uninhabited, guano-covered Caribbean rock. The quarrel goes back to an 1856 congressional act allowing U.S. citizens to claim certain islands in order to mine sea bird droppings, which are used as fertilizer. Negotiations to solve the dispute broke off in 1979 when the Haitians refused a U.S. request for fishing rights. Only the seagulls were relieved...

Author: /time Magazine | Title: Whose Turf? | 5/10/1982 | See Source »

...wanted to review the whole treaty. Later the Administration introduced what Secretary of State Alexander Haig privately described as an "Encyclopaedia Britannica of changes." Its action caught the conference by surprise, because the treaty contained many provisions that would benefit the U.S. Among other things, it set a twelve-mile territorial limit for coastal nations, provided them with a 200-mile "economic" or fishing zone, and protected their oil and gas rights up to 350 miles offshore. It also assured freedom of passage for ships, submarines and planes in international waters and through narrow passages such as the straits...

Author: /time Magazine | Title: United Nations: Sea Settlement | 5/10/1982 | See Source »

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