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Like other financial institutions, Minneapolis' Northwestern National Bank had to draw up and mail a pamphlet explaining the new rules, known as Amended Regulation E. to its 120,000 customers. Demurring, the bank argued that it was following the regulations already and that its customers were not interested in the minutiae of Government rules. Brushing aside Northwestern National's objections, the Fed told it to get on with...

Author: /time Magazine | Title: Business: $10 Sure Thing | 8/4/1980 | See Source »

From the sandy beaches on the Red Sea coast to the rolling hills of Zimbabwe, scenes of hunger and despair have become a terrible norm across a vast body of land encompassing parts of twelve countries and exceeding in size all of Western Europe. In northwestern Kenya, forlorn Turkana tribesmen trek for miles through the bush to Catholic missions in Kakuma and Lodwar, where emergency food is distributed. In the strife-torn Karamoja province of northeastern Uganda, relief workers wake every morning to find the corpses of malnourished children deposited on their doorsteps. In the Horn of Africa, more than...

Author: /time Magazine | Title: EAST AFRICA: A Harvest of Despair | 6/30/1980 | See Source »

...carefully in its policies toward Islam, the regime has also tried to neutralize anti-Russian sentiment by buying off the populations of Transcaucasia and Central Asia with material benefits and protection. The citizens of Soviet Azerbaijan live more prosperously, and certainly more calmly, than their ethnic cousins in the northwestern provinces of Iran. The Muslim groups that straddle the Sino-Soviet border, for example, have traditionally fared somewhat better under Moscow's tutelage than Peking's. The Russians' fast-approaching status as a minority in their own country forces them to be more compromising than the Han Chinese, who make...

Author: /time Magazine | Title: Inside The U.S.S.R.: A Fortress State in Transition | 6/23/1980 | See Source »

...fallout area, roughly from the ruptured peak to as far east as Montana. Fine ash particles, mostly glasslike silica, had spread in a gigantic, banana-shaped arc in the stratosphere across the nation and will slowly dissipate into invisible clouds after blowing round the world several times. Outside the Northwestern U.S., people will probably notice nothing more than some spectacularly colorful dawns and sunsets over the next several months...

Author: /time Magazine | Title: God I Want To Live! | 6/2/1980 | See Source »

...past month, for example, savage fighting has been taking place throughout Kurdistan, in northwestern Iran. To rout Kurdish guerrilla forces, the army and air force have bombed the provincial capital of Sanandaj, killing hundreds of civilians and causing extensive damage. Fearing even greater trouble ahead, many Kurds are reported fleeing westward toward the Iraqi border...

Author: /time Magazine | Title: IRAN: Tehran's Own Hostage Crisis | 5/12/1980 | See Source »

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