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...safe haven for the Kurds in northern Iraq. Said a U.S. official about the agreement: "We can't welcome it. We can't pooh-pooh it. So we're extremely neutral." However, if the detente reached in Baghdad sticks, it may yet serve the allies' interests. If a final pact prompts the displaced Kurds to return to their homes, it would relieve the allies of the enormous difficulties they face in trying to aid the refugees without becoming entangled with Baghdad...

Author: /time Magazine | Title: Refugees: A Kiss Before Dying? | 5/6/1991 | See Source »

...better ties with the West and the gulf countries. Iran may still use the planes -- and their pilots, who remain in detention -- as leverage in any future bargaining with Iraq over a final settlement of the Iran-Iraq war, for which there is now only an oral peace pact. If that fails and the planes eventually decompose into pricey rust heaps, at least Iran will have the satisfaction of knowing that Saddam was denied their...

Author: /time Magazine | Title: Iran To Iraq: Minders Keepers | 4/8/1991 | See Source »

Most of Moscow's brass, however, is not absorbing that lesson and is simply demanding more money. That is in part a knee-jerk reaction, conditioned by a series of shocks to the military system, like the humiliation in Afghanistan, the dissolution of the Warsaw Pact, and two years of major cuts in the defense budget...

Author: /time Magazine | Title: Military Strategy: How Moscow and Beijing Lost the War | 4/1/1991 | See Source »

...page pact between the French government and the Walt Disney Co. stipulates a 49% ownership stake in Euro Disneyland for the U.S. firm, with the remaining 51% of the shares held by investors. Euro Disneyland shares will be traded on the Paris Bourse. Disney will retain operational control of the facility. As part of the deal, the government is lending Disney $920 million at a remarkably low 7.85% interest rate. Disney has agreed to use European firms for 90% of its goods and services, and will pay for various roads to be built near the complex...

Author: /time Magazine | Title: Monsieur Mickey | 3/25/1991 | See Source »

This agreement establishes a framework for cooperation in support for local schools and the creation of affordable housing. In a statement, the University called the pact "the best agreement of its kind in the country...

Author: By Gady A. Epstein and Erica L. Werner, S | Title: A 'Little Schmooze' Just Isn't Enough | 3/11/1991 | See Source »

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