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...rocket-powered wagon, and by the time he was 21 he had outlined the design for a moon rocket. His genius led the German army to employ him in 1932 to develop liquid-fueled rockets; by 1937 it had moved him to the Baltic Sea port of Peenemünde, where began the work that led to Hitler's dreaded V-2 rocket. As the war drew to a close, Von Braun was considering a missile that could reach New York City...

Author: /time Magazine | Title: Science: The Will to Do It | 6/27/1977 | See Source »

...death!" At 11:45, while Swedes watched the tense proceedings on their TV sets, two giant explosions rocked the embassy. As flames shot through the top-floor windows, five figures quietly climbed out of a window at the side of the building. When Swedish police shouted "Hände hoch!" (Hands up), the five meekly surrendered. In the meantime the hostages scrambled to safety. Later police found the bodies of the sixth gang member (apparently killed by the explosions) and the embassy's economic counselor, whom the terrorists had murdered. Next day the Swedish government returned four...

Author: /time Magazine | Title: TERRORISM: Standing Up to the Gang | 5/5/1975 | See Source »

...left have been careful to avoid even the suggestion of kinship with the Communist world. "This is a nationalist, popular and Christian revolution," said Peru's President Juan Velasco Alvarado in a Lima speech marking the second anniversary of the military coup that toppled Belaúnde. "We are trying to find for the problems of Peru solutions derived from Peruvian reality." There is evidence too that the Soviets are being wary about writing mortgages on some of the new political experiments. One story has it that last fall, when Bolivia's Ovando seized power, a delegation...

Author: /time Magazine | Title: World: Latin America: The Shrinking Middle | 10/19/1970 | See Source »

...Wernher von Braun, 57, director of the Marshall Spaceflight Center in Huntsville, Ala. Transported to the U.S. by American intelligence officials in 1945, along with 126 other German scientists who had been working on the V-2 rocket at the Baltic base of Peenemünde, Von Braun has directed development of rocket-launch vehicles from the earliest Redstone. Von Braun helped develop the ablative heat shield, which dissipates the searing heat of reentry by flaking off in harmless fiery pieces. His Huntsville group can also claim credit for what has become known in the space agency as "cluster...

Author: /time Magazine | Title: Moon: WHO MADE IT POSSIBLE | 7/18/1969 | See Source »

Hopeful Gleams. Velasco may well have found foreign embroilments a relief from domestic affairs. After overturning the Fernando Belaúnde Terry government last year, the junta found the treasury drained by Belaúnde's freehanded spending and borrowing. Currently, construction is down 40% from 18 months ago, and sales of dry goods, medicines, cars and appliances have dropped 25%. Unemployment has risen to 10% of the working force. Velasco has resorted to ruling by decree, and hopes to lure investment through a policy of incentives and the easing of bank credit rates...

Author: /time Magazine | Title: Peru: Fish and Oil | 5/30/1969 | See Source »

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