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Speakes explained the motivation crisply: a moratorium on tests would only "perpetuate" a Soviet "monopoly" since Moscow has an operational ASAT system and Washington does not. "They have one and they don't want us to have one," said Speakes. But the U.S. must try to catch up to ward off a "clear threat" to its satellites, he said, and to that end "we have to test, and we have to test...

Author: /time Magazine | Title: Dustup in Moscow | 9/2/1985 | See Source »

...Kremlin's newfound desire to forbid research is almost surely a cynical bargaining ploy that the U.S.S.R. will abandon if the negotiations in Geneva ever turn serious. Privately, some Soviet officials are already hinting that , their side might settle for a moratorium on the testing and deployment of new defensive technologies, or perhaps an updated version of the 1972 ABM treaty that would set new limits on permissible levels of defense. Those are among the alternatives advocated by the more reasonable American critics of Star Wars, as long as the moratorium or updated ABM treaty is accompanied by significant reductions...

Author: /time Magazine | Title: Holier-Than-Thou on Star Wars | 7/1/1985 | See Source »

Nicaraguan Foreign Minister Miguel d'Escoto denounced the House action as "a vote in favor of death, destruction and suffering." President Ortega announced that as a result of the vote, he was lifting a five-month-old voluntary moratorium on arms imports. That raised the possibility that Ortega would buy Soviet-built MiG jets, a move that Washington has previously warned might provoke a U.S. military response. Asked after his speech whether he had MiGs on his mind, Ortega replied cryptically that "Nicaragua is almost the only country in Central America that does not have the ability to defend itself...

Author: /time Magazine | Title: Building A Contra CONSENSUS | 6/24/1985 | See Source »

Inevitably, Rawlings and Sankara have acquired enemies. At the end of last year, Sankara antagonized Burkina Faso's landlords, many of whom are military officers, when he decided to aid the poor by decreeing a yearlong moratorium on the payment of rent. Rawlings has also been criticized, particularly by expatriate Ghanaians who have demanded free elections and a return to , civilian government. Nonetheless, Frances Ademola, who owns an art gallery in Accra, speaks for most middle-class Ghanaians when she says, "We have learned to love Jerry Rawlings. What we fear most is that he will be assassinated...

Author: /time Magazine | Title: West Africa Hope and Ideals | 5/27/1985 | See Source »

...proliferation of the paper, though, is causing both moneymen and legislators to wonder whether the junk pile could collapse. Last week New Mexico Republican Pete Domenici introduced a Senate bill that would halt the feverish growth by putting a moratorium until the end of the year on most takeovers financed by junk bonds. The bill could put a stop to deals like Corporate Raider T. Boone Pickens' plan to acquire Unocal with some $3 billion in junk bonds, one of the largest issues ever proposed...

Author: /time Magazine | Title: Selling Junk: Popular but precarious bonds | 5/6/1985 | See Source »

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