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Compounding the crisis are the currency controls instituted by López Portillo, who unjustly blames much of his country's economic plight on sacadólares, wealthy Mexicans who have been sending their money out of the country to safer havens. The scattershot regulations restrict the amount of currency that anyone can take out of Mexico. Tourists, except those visiting just the border areas, must declare all the cash they bring in. Foreign-owned industries may have trouble sending profits home; most Mexican businesses are hard pressed to obtain foreign currency for paying off outside debts; and banks...

Author: /time Magazine | Title: Bordering on Chaos | 10/4/1982 | See Source »

Part of the plight comes from simple confusion. Once it becomes clear exactly how the food-export ban and currency controls will be enforced, business will settle down, although perhaps not thrive again. The underlying problem of the jittery Mexican peso, however, will probably remain unresolved until after Dec. 1 at least, when Miguel de la Madrid Hurtado takes over as Mexico's new President. That is a short time in the life of nations, but an eternity for beleaguered shopkeepers on both sides of the Border. -By Walter Isaacson. Reported by Sam Allis/El Paso and Cheryl Crooks/Calexico

Author: /time Magazine | Title: Bordering on Chaos | 10/4/1982 | See Source »

AIthough the Argentine invasion only instilled in the Falklanders a deeper sense of suspicion and dislike of the Argentines, the islanders often displayed sympathy over the plight of individual soldiers. The islanders fed hungry Argentines at their back doors, passing out sweets and cigarettes. "I caught the fear in their eyes," says Msgr. Spraggon. "One soldier violated the curfew one night to see me and just broke down and cried and cried...

Author: /time Magazine | Title: Falkland Islands: Saved but Still Fearful | 8/9/1982 | See Source »

Freidenberg's part in the correspondence is as mesmerizing as Pasternak's. The plight of philologists and linguists under Stalin, who considered himself an expert in linguistics, has never been more acidly described. It is good to know that Freidenberg's long-suppressed writings on such innocent topics as the "Poetics of Plot and Genre" in classical Greek literature are gradually being rescued from oblivion by young linguists in the Soviet Union. But until the rescue is complete, Freidenberg, who died in 1955, will be remembered as the tough-minded and rigorous scholar who gave her inspired...

Author: /time Magazine | Title: Books: Blood Relatives | 8/9/1982 | See Source »

...might be possible to care more about Haider and his plight if he were not such a typically alienated antihero. The hero of the evening is Alan Howard. His is a meticulously stylized performance and a memorable display of the actor's craft. Howard's array of arid classroom gestures and pinched facial nerves is matched by a voice that barks, chokes, melts and freezes. And when he does a close-to-floor-level, slow-motion goose-step, the monstrous history of the Third Reich seems to be marching past...

Author: /time Magazine | Title: Theater: Pride of the London Season | 7/12/1982 | See Source »

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