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Word: perestroikas (lookup in dictionary) (lookup stats)
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...first the deal sounds like a bad perestroika joke: How many bottles of Pepsi can a Soviet citizen buy with a merchant ship and a case of vodka? But the barter agreement that PepsiCo and the Soviet Union signed last week is worth a serious $3 billion. In the largest deal ever struck with an American company, the Soviets will trade ships and spirits for expanded Pepsi production. The complex barter system was necessary because the ruble is not readily convertible to Western currency. PepsiCo, which currently produces 40 million cases of soft drinks in the U.S.S.R. each year, will...

Author: /time Magazine | Title: TRADE: Ship Me a Pepsi, Please! | 4/23/1990 | See Source »

...short term, however, competition promises to be education's biggest problem. As Gorbachev tries to coax results from perestroika, and the East European nations struggle to revitalize their economies after 40 years of Communist rule, schools will have to vie with industry and agriculture for scarce resources. But for the moment at least, teachers and pupils seem thrilled by their new freedom to think, speak and seek the truth now that the ghosts of Marx and Lenin have been expelled from the classroom...

Author: /time Magazine | Title: Education: Expelling The Ghosts of Marx and Lenin | 4/23/1990 | See Source »

...sold to Libya over the years (1,000 tons), while East Germany disbands its dreaded secret police. Soviet and other East bloc officials are still trying to sponge up information from the West, but they have widened their scope and deepened their activities; as Moscow tries to pump up perestroika with the technology and expertise of the West, its agents are busier than ever researching U.S. Government policy in the Library of Congress and cozying up to capitalists to absorb their management secrets...

Author: /time Magazine | Title: New Trench Coats? | 4/23/1990 | See Source »

...more than budgetary. Since 1988 it has been conducting a public relations campaign in the Soviet media to eradicate its decades-old image as the repressive arm of the regime. KGB Chief Vladimir Kryuchkov depicts the agency as the lawful and benign upholder of justice, the supporter of perestroika as well as the country's first line of defense against domestic and foreign threats. KGB officials, for example, argue that the agency is the state's primary weapon against organized crime, and that as much as 80% of the agency's forces are engaged in the battle against gangsters...

Author: /time Magazine | Title: New Trench Coats? | 4/23/1990 | See Source »

From the first days of perestroika, I was in favor of introducing presidential rule, but at that time, I found myself in the minority. We have come to realize now that the presidency is a necessary and useful institution. Its main task is to protect democracy...

Author: /time Magazine | Title: The Alternative Is Dictatorship | 4/16/1990 | See Source »

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