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...only four democracies in South America, along with Colombia, Ecuador and Peru, Venezuela has long been enthusiastic about using its petrodollars to spread its concept of democracy elsewhere in the region. Venezuelan President Luis Herrera Campíns, 56, calls his country's assistance program a campaign in favor of "democracy for the poor." Says Energy Minister Humberto Calderón Berti: "Venezuela's oil is the main stabilizer of the democratic system...

Author: /time Magazine | Title: Venezuela: Good Will from Petropower | 8/31/1981 | See Source »

...observers are skeptical about the country's ability to sustain its good intentions toward its neighbors. Venezuela's own economic house is not totally in order. Unemployment is estimated at 12%, inflation at 15%. One reason for the economy's woes is that Herrera Campíns' predecessor, Carlos Andrés Pérez, encouraged a series of ill-advised state enterprises, such as steelmaking and air transport, that last year ran up losses estimated at $2.5 billion. Other important sectors of the economy, mainly agriculture, have been corroded by the massive inflow...

Author: /time Magazine | Title: Venezuela: Good Will from Petropower | 8/31/1981 | See Source »

...most important belonged to Charles Fiterman, 47, the party's second-in-command. Named Transportation Minister, he also became a Minister of State, one of the five highest ranking Cabinet officers. Other new ministers arrived at the Elysée in sleek, gray, chauffeur-driven Citroëns, but Fiterman rolled up behind the wheel of his own tiny brown Renault-with a team of TV reporters huddled in back. Interviewed after his appointment, Fiterman bristled at suggestions that Communist ministers would give state secrets to the Soviets. Said he: "Nobody has the moral right to question our loyalty...

Author: /time Magazine | Title: France: Enter Stage Left, on Knees | 7/6/1981 | See Source »

Saint-Saëns and Lalo: Cello Concertos (CBS Masterworks), The composers take a special taste, like orchids, but Yo-Yo Ma's playing is gorgeous...

Author: /time Magazine | Title: Music: Music: Best Of 1980 | 1/5/1981 | See Source »

...rest from other Harlem groups), there were several selections from Handel's Messiah, two of them featuring Tenor Seth McCoy. To give the church's five-manual, 4,000-pipe organ a workout, Organist Leonard Raver and the orchestra galloped through the finale of Saint-Saëns' Symphony...

Author: /time Magazine | Title: Music: Harlem Bash | 5/5/1980 | See Source »

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