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...Thais. All we will take is some food." Similar sounds awakened Cambodian refugees at two camps straddling the nearby border between Thailand and Cambodia. All too soon they recognized the fatigue-clad intruders who had stolen into their midst under cover of darkness as Vietnamese soldiers. As back-up mortar and artillery fire echoed in the distance, the Vietnamese began digging foxholes at the camps, sending the frightened refugees fleeing into nearby paddyfields...

Author: /time Magazine | Title: SOUTHEAST ASIA: A Show of Military Muscle | 7/7/1980 | See Source »

...lending for so-called nonproductive purposes, such as a company buying back its own stock or shopping for acquisitions. One Georgia bank takes an even tougher line. Says Willy Alexander, vice president of Atlanta's Citizens and Southern National Bank: "We have absolutely discouraged borrowing for bricks and mortar, heavy machinery or inventory buildup." Already hard hit by the housing slump, the forest products giant Georgia-Pacific announced a 25% reduction in capital expenditures rather than attempt to float another expensive bond issue...

Author: /time Magazine | Title: Business: The Credit Vise Tightens | 4/14/1980 | See Source »

...last night of our ordeal I was descending the north slope, numbed and passionless, drugged with fatigue, dead on my feet, when I heard someone singing! It was a rough voice, husky yet powerful. A cluster of mortar bombs came crashing down and I threw myself into the mud. When I could hear again, the first sound that came to me was the singing voice. Cautiously I raised myself just as a star shell burst overhead, and saw him coming toward me through that blasted wasteland...

Author: /time Magazine | Title: Books: Arms and the Young Man | 2/18/1980 | See Source »

Providing these needed vehicles would cost about $4 billion. An extra $600 million is needed annually by the Army just for enough bullets, artillery shells and mortar rounds for adequate training. So tight has money been that Army crews training in Europe have been allowed to fire only one TOW antitank missile (cost: $5,000 each) a year. Experts believe that minimum proficiency would require three TOWS annually for each crew. Several additional billions of dollars in each of the next few years would be required if the Army sought faster delivery of some major new weapons. Only eight Black...

Author: /time Magazine | Title: The Price of Power | 10/29/1979 | See Source »

Hoang Quoc Bao, 28, was the leader of an 82-mm mortar squad in the North Vietnamese army that marched with Hanoi's victorious troops from Kontum all the way to Saigon. Last year Vietnamese security police burst into his home in the middle of the night, seized him and his two brothers and beat them, warning that they had to leave Viet Nam or be killed. Now he is a refugee, working sugar-cane fields in China and owning nothing but the clothes he wears...

Author: /time Magazine | Title: CHINA: The Invisible Refugees | 9/17/1979 | See Source »

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