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...most startling turnabout, however, was the unexpected decision by the junta that had repressively ruled Greece since April 1967 to return the country to a civilian government. Though there had been rumbles of discontent in the military ever since the reckless Cyprus coup and especially after Greece's humiliating inability to oppose Turkey's invasion of Cyprus, experts expected nothing more than the replacement of one general by another. Or, they feared, younger ultranationalist officers bent on war against Turkey and unification of Cyprus and Greece might attempt a coup and make Greece even more militant and authoritarian...

Author: /time Magazine | Title: GREECE: I Am with You, Democracy Is with You | 8/5/1974 | See Source »

...triggered in part by the requirement to "recycle" petrodollars, which up to now have gone largely into high-turnover short-term investments. Bonn government officials see such investments as giving the oil-producing countries a stake in the world's major trading nations, thus perhaps assuring less reckless oil-price policies...

Author: /time Magazine | Title: IRAN: Buying into Krupp | 7/29/1974 | See Source »

...multicolored map of the U.S. appears on the television screen and slowly begins to burn from the center. As the flame widens, voice-over narration accompanies a dramatic juxtaposition of images and objects to conjure up for the viewer a reckless driver, an unconcerned citizen littering a street, a man confronted by a bottle-laden table who declares, "One more won't hurt," and another man's gruff refusal to sign a petition to fight pollution. After the map is burned totally black, a wind begins to scatter the ashes and a deep, doom-ridden voice warns: "Great...

Author: /time Magazine | Title: The Nation: Straight Talk | 7/22/1974 | See Source »

Their discussions centered on Italy's heavy spending, reckless living and dependence on higher-priced Arab oil (TIME, June 24). The nation's 17% annual inflation rate and $10.5 billion foreign debt are so serious that only the use of Italy's gold reserves as loan collateral has shored up the country's credit rating. The situation called for emergency action, but at the outset last week the Christian Democrats and Socialists, the dominant partners, still could not resolve the impasse that had brought the coalition to the edge of collapse. They differed bitterly...

Author: /time Magazine | Title: ITALY: The Not-So Dolce Vita | 7/1/1974 | See Source »

...palace? One way to find out is to look at the marquee. Another, says California Promoter Steve Wolf, is to watch the crowd strolling-or floating, in the case of heavy grass consumers-through the door. "Audiences resemble the groups they come to see," says Wolf. Those words are reckless understatement...

Author: /time Magazine | Title: Music: Faces in the Crowd | 6/24/1974 | See Source »

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