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...Chinese venture acquired a fascinating new dimension at year's end. The U.S. and the People's Republic ended seven years of gingerly courtship that began with the Nixon-Kissinger initiatives. In simultaneous communiques from Peking and Washington, Chairman and Premier Hua Kuo-feng and President Carter announced that the two countries would exchange ambassadors and begin normal diplomatic relations. The normalization opens potentially lucrative avenues of trade and new perspectives on world politics, even though it will be a long time before Peking joins Washington and Moscow as a capital of first-rank global power...

Author: /time Magazine | Title: Man Of The Year: Visionary of a New China | 1/1/1979 | See Source »

...Shah continued his unsuccessful efforts to put together a civilian government. He needs to find a strong Premier absolute monarch, and must take urgent steps if he wants to ensure the survival of the Pahlavi dynasty. In Ball's view, the best the Shah could hope for would be a constitutional monarchy containing moderate members of the opposition. An alternative would be to establish a regency under his son, Crown Prince Reza, who is now in advanced fighter-pilot training in Texas. Ideally, this regency would be supported by moderate opposition leaders, middle-ranking army officers and key religious leaders...

Author: /time Magazine | Title: IRAN: Hard Choices in Tehran | 12/25/1978 | See Source »

...than 40 years of fascist dictatorship, Portugal has experimented with Communism and socialism-and seen the sweet promises of revolution turn sour along with an ever more depressed economy. Last week "reformism," a freshly coined label on Lisbon's political scene, got its turn. The newly named government of Premier Carlos Alberto Mota Pinto defeated a Communist bid to deny it a vote of confidence, and thereby established itself as the fourth constitutional regime Portugal has had in three years...

Author: /time Magazine | Title: PORTUGAL: Right Turn | 12/25/1978 | See Source »

...Eanes. Eanes had just dropped Socialist Party Chief Mario Scares from the premiership after his governing coalition with the conservative Center Democrats fell apart. Scares was incensed by his ouster and was particularly upset because Eanes had not consulted the political parties before choosing Nobre da Costa. The former Premier insisted Eanes' action was "unconstitutional" and an example of haughty "presidentialism...

Author: /time Magazine | Title: PORTUGAL: Right Turn | 12/25/1978 | See Source »

Accordingly, the program that the Premier presented for treating Portugal's many ills was vague, perhaps deliberately so. Some disgruntled deputies derided it as a "letter of intent," and a "mere memorandum." Without mentioning specifics, the Mota Pinto program called for revising agricultural credit, promoting competition, creating jobs, and keeping up a permanent "dialogue with the workers." In his speech before the Assembly, Mota Pinto spoke forcefully in defense of his program. Said he: "We must put discipline in work, better the conditions for private investment and make the public sector efficient...

Author: /time Magazine | Title: PORTUGAL: Right Turn | 12/25/1978 | See Source »

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