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Percy also cautioned Soviet leaders against two actions, either of which would quickly destroy any fresh rapprochement with the U.S.: Soviet moves to deprive the West of oil from the Persian Gulf, or a Soviet invasion of Poland. "Any effort by anyone to jeopardize the secure flow of oil from that region would cause us to react decisively," said Percy. As for the growing crisis in Poland, Percy said that he made it clear "that the use of troops would change the face of the globe. It would call forth an armaments buildup the likes of which we have...

Author: /time Magazine | Title: EAST-WEST: Moscow Sends Some Signals | 12/8/1980 | See Source »

Sullivan told about 70 at a Center for International Affairs seminar Wednesday that Soviet KGB operations have been proceeding in three areas of Iran in an effort to "reduce Iran's effectiveness as a barrier to "Soviet mischief" and to Soviet intentions on the Persian Gulf...

Author: By James G. Hershberg, | Title: Sullivan Cites Soviet 'Agitation' in Iran | 12/6/1980 | See Source »

Reagan had his role rehearsed to perfection: a serious President-elect determined to get his Administration off to a fast start, yet relaxed and good humored with everyone. Worries about inflation, unemployment, the Persian Gulf war, the Soviets: all the nation's manifold and intractable problems seemed to be pushed aside. They will surely arise to haunt Reagan later, but the week was devoted to symbolic ritual-briefings by the CIA, a courtesy call on the Justices of the Supreme Court, a visit with Jimmy Carter at the White House-rather than substantive policymaking. The ceremony had a serious...

Author: /time Magazine | Title: Nation: How to Charm a City | 12/1/1980 | See Source »

...third period, they had little to look back on except occasional flashes of individual talent amid a circus of give-aways, broken plays, Wacky Racers fast breaks and slapshot prayers from the blue line. It was one of those utterly ridiculous games, where three-goal leads topple like Persian Gulf governments, and "defense" seems like a wistful memory from a bygone...

Author: By Jim Hershberg, | Title: 'A Total Team Effort' | 11/26/1980 | See Source »

Meanwhile, India's economy is hamstrung by an ever increasing oil import bill, which consumes 60% of the country's export income. India depended on Iraq and Iran for roughly two-thirds of its oil imports; with those supplies restricted by the Persian Gulf war, and domestic production cut by the disruptions in Assam, New Delhi has had to scramble for new sources of oil, including the spot market. Although monetary restrictions and liberalized imports have reduced India's inflation rate from 22% in January to 15% today, such commodities as sugar (52? a lb.), and lentils...

Author: /time Magazine | Title: INDIA: Troubled Times for Indira | 11/24/1980 | See Source »

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