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...property, foreign hotel companies like Club Med (France), Sol Melia (Spain), Golden Tulip (Netherlands) and Delta Hotels (Canada) grabbed prime spots and locked up lucrative hotel-management contracts. Cuba now has some 200 hotels offering 27,000 rooms--more than Puerto Rico and the Bahamas combined. "It's a profound disappointment that we are enjoined from building hotels and a tourism infrastructure there, while our competitors from around the world are allowed to enter and pick the fine sites," laments Marilyn Carlson Nelson, vice chairman of Carlson companies, a $20 billion travel firm that owns Radisson Hotels...

Author: /time Magazine | Title: CHECKING INTO CUBA? | 8/25/1997 | See Source »

...housing issue. Although growing concern is now associated with issues such as the shortage of caring for the elderly, the low quality of the education system and the potential strain on the budget caused by the imminent immigration waves from China, the housing issue can have the most profound and far-reaching impact on the territory's economy. In 1996, uncontrolled speculatimn drove apartment prices up by more than 30 percent, and affordable housing for middle and low-income families remains in stagnant shortage...

Author: By Matteo F. Segalla, | Title: The View From Victoria Peak | 8/8/1997 | See Source »

...most profound of all mysteries is how NASA has managed to persuade the government to continue funding the insanity of space exploration while it cuts essential services to here-and-now Americans. We have no compelling evidence of life beyond our own, and far from proving to the Martians that life on Earth is intelligent, the Pathfinder mission can only have the reverse effect on any aliens that might be busily tracking our activities from their UFOs. FAY KNIGHT Saratoga, Calif...

Author: /time Magazine | Title: Letters: Aug. 4, 1997 | 8/4/1997 | See Source »

...three-year-old North American Free Trade Agreement, which freed up not just commerce but also the flow of ideas across the border with the U.S. Empowered by its huge size, the NAFTA generation promises to have an impact on Mexican politics, economics and culture as profound as the clout wielded by the older baby-boom generation in the U.S. Some 65% of Mexico's 95 million people are under age 30, and more than a third of the registered voters in last week's election were ages...

Author: /time Magazine | Title: MEXICO: THE YOUNG AND THE RESTLESS | 7/21/1997 | See Source »

...much to live for. But when he died, he took a lot with him: the audience's considered belief that he, of all actors, was the attainable best of us. So his death last week, of a blood clot in the lung, provoked a surprisingly profound melancholy in his fans and friends. "I know he was elderly, and we had to expect it," says Doris Day, his co-star in Alfred Hitchcock's 1956 The Man Who Knew Too Much, "but I still can't believe it. And I can't stand it." Now only Katharine Hepburn, Stewart's blithe...

Author: /time Magazine | Title: A WONDERFUL FELLA: JAMES STEWART, 1908-1997 | 7/14/1997 | See Source »

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