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...military. Luis Humberto Guzman, a member of U.N.O.'s senior advisory board, has said that military spending should not exceed 15% of the budget. Under Ortega, defense expenditures totaled 50% of the budget. For that reason alone, demobilization of both armies makes sense if Nicaragua is going to rebuild itself...

Author: /time Magazine | Title: Nicaragua You First - No, You First | 3/19/1990 | See Source »

...Their calculation is simple: Germany's continued economic, political and military integration into a unified Europe is essential for world peace. They fear that Kohl's opponents, the Social Democrats, might succumb to neutralism, with unforeseeable consequences as Germany flexes its considerable economic muscle in the coming effort to rebuild Eastern Europe...

Author: /time Magazine | Title: The Political Interest: The Vision Is in the Details | 3/19/1990 | See Source »

While it is encouraging that Rafsanjani has publicly expressed a desire for the hostages' release, Western intelligence agencies have yet to detect any activity. Rafsanjani's own goals seem plain. Recently, he has been seeking to borrow as much as $27 billion from Western sources to rebuild his country's economy, which needs money and technology. He also aims to end Iran's diplomatic isolation from both the West and his Arab neighbors. With those goals in mind, he has apparently launched a hostage-release initiative and is seeking maximum publicity so that even if his effort fails, his good...

Author: /time Magazine | Title: Where's The Fire? | 3/19/1990 | See Source »

...total value of more than $2 billion. So last week Governor Rafael Hernandez Colon proposed that Puerto Rico sell the phone company and invest the proceeds in two $1 billion funds. The commonwealth would use the interest from the funds to upgrade Puerto Rico's schools and rebuild its crumbling infrastructure, including its water and sewerage systems...

Author: /time Magazine | Title: PRIVATIZATION: Opportunity Rings | 3/5/1990 | See Source »

...College must rebuild that trust. And Cambridge must restore the quality of its water...

Author: NO WRITER ATTRIBUTED | Title: Not a Drop to Drink | 2/28/1990 | See Source »

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