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...worse in East-West relations, such long-term credits are a definite gamble. Yet Western businessmen are eager to take the risk to get a firm toe hold in the potentially enormous market in Russia and its European satellites. So far, one of the main attractions has been Nikita Khrushchev's seven-year program to spend $42 billion developing Russia's lagging chemical industry. Even the West German government is under considerable pressure from businessmen to yield to such commercial temptations. Says Berthold Beitz, Krupp's general manager: "We are excluding ourselves from this big market...

Author: /time Magazine | Title: Western Europe: Calculated Risks | 9/11/1964 | See Source »

Thus began the metamorphosis of Hubert Humphrey. He was, and he remains, a torrential talker. In 1958 his 81-hour interview in Moscow with Soviet Premier Nikita Khrushchev left interpreters reeling. His formal speeches have been clocked at a breathless 250 words a minute, and he will rapidly discourse until dawn on any subject, to any audience, on any occasion. Even last week, when Johnson finally told Humphrey that he would be the vice-presidential nominee, the President still felt compelled to warn Humphrey against talking too much...

Author: /time Magazine | Title: Nation: The Man Who Quit Kicking the Wall | 9/4/1964 | See Source »

...Rumanians refused to invite the peripatetic Nikita Khrushchev to last week's party for fear that he might steal the spotlight for himself and use it to blast Peking. Moscow asked permission to send President Mikoyan instead. Peking, hailing its "traditional" ties with a land few Chinese had even heard of, renamed one of its infamous state farms the "Marco Polo Bridge Sino-Rumanian Friendship People's Commune...

Author: /time Magazine | Title: Communists: Never Mind About Marco Polo | 9/4/1964 | See Source »

Heeding a piercing and highly public appeal for help from Archbishop Makarios, Nikita Khrushchev duly pledged Russian aid should anyone (read Turkey) invade Cyprus. But Khrushchev also called for moderation and warned Makarios to lift his economic blockade of the Turkish Cypriots. Still, even the remote prospect of direct Russian intervention seemed a little chilling to all sides...

Author: /time Magazine | Title: Cyprus: Breather | 8/28/1964 | See Source »

...Soviet schism, Togliatti strongly supported Khrushchev, and he had to deal with some pro-Peking splinters in his own party. But he believed it would be a tactical mistake to try to drum China out of the Communist bloc. That was perhaps what he hoped to talk about to Nikita Khrushchev when he started on a Black Sea vacation early this month. Near Yalta, two weeks ago, he suffered a stroke while visiting a Communist youth camp. Soviet doctors said he was too ill to be moved from the camp infirmary, and there last week, at 71, Togliatti died after...

Author: /time Magazine | Title: Italy: Doing What Is Possible | 8/28/1964 | See Source »

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