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...bravado was quickly underscored by a rash of surcharge announcements. Algeria and Libya both added $4-per-bbl. premiums to their much-in-demand low-sulfur oil, as did Nigeria, a nation that has made a practice of haphazardly squandering its petrodollars almost as blithely as Americans waste oil. Kuwait, Iran and Venezuela tacked on $1.20-per-bbl. surcharges. Mexico, though not an OPEC member, also got in on the gouging game; it added...

Author: /time Magazine | Title: Business: OPEC's Dangerous Game | 4/9/1979 | See Source »

...rash of espionage cases followed defection to the West of Lieut. Werner Stiller, a key officer in East Berlin's state security apparatus. Stiller, who was actually a West German agent, identified a number of East German spies working in West Germany. Since his defection, 14 suspects have been arrested, and 18 others have escaped to the East...

Author: /time Magazine | Title: WEST GERMANY: Sexy Spies | 4/2/1979 | See Source »

Continuing a rash of price-gouging moves by many oil nations, Nigeria, the fourth largest producer in the 13-nation OPEC cartel, indicated that it was planning to tack on an export surcharge of perhaps as much as 17%. That advance will add further pressure for a fresh round of inflationary increases early next week, when OPEC ministers plan to meet in Geneva. Indeed, by an ironic White House oversight, Carter is expected the same day to play host to the signing of the Egyptian-Israeli peace accords in Washington. Arab hardliners, such as Iraq, Algeria and Libya, could well...

Author: /time Magazine | Title: Business: Deliberating on Oil Decontrol | 3/26/1979 | See Source »

CRIMSON SPLASHES: Coach Joe Bernal's troops traveling to the shores of Lake Erie will be Harvard's strongest NCAA contingent in recent years. Barring a rash of illness or injury, their chances of improving upon last season's 15th place finish are bright...

Author: By John S. Bruce, | Title: Greacen Qualifies for NCAA Diving | 3/12/1979 | See Source »

...women who in their 20s concentrated on their careers decided in their 30s, as they began to contemplate the impending biological limit of their childbearing years, to have at least one child while there was time. Says Novelist Anne Roiphe (Up the Sandbox): "We're seeing a whole rash of people having babies just in the nick of time. There's a difference between what one says at 20 and what one says at 38." Roiphe persuasively argues that the dogmas against children-or at least, against having children-are undergoing revision. "There has indeed been a swing...

Author: /time Magazine | Title: Time Essay: Wondering If Children Are Necessary | 3/5/1979 | See Source »

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