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...list of international conflicts stretches so long that individual events blur into a single image of fruitless struggle. While the British repay Argentine aggression with a surrealistic blitz on two of the world's most inconsequential sheep polities, the Italians and Iraqis are combining traditional Moslem internecine hatred with modern weaponry to produce thousands of dead bodies...

Author: NO WRITER ATTRIBUTED | Title: A Time For Action | 6/10/1982 | See Source »

...Reagan Administration now that it has suspended its efforts to block the Siberian natural gas pipeline and begun to pursue arms control negotiations. Italian President Pertini, whose country is constructing NATO's first cruise missile base, has no substantial problems to raise with Reagan and is eager to repay the warm welcome he received in Washington last March...

Author: /time Magazine | Title: Ready for the Grand Tour | 6/7/1982 | See Source »

There are about 5,000 collection agencies in the U.S., all with varying methods and successes. One of the largest law firms in the business is Long Island's Sharinn & Lipshie. At any given moment, it is trying to get about 20,000 debtors to repay about $10 million to such clients as Citibank and General Electric Credit Corp. It starts with a series of three warning letters that cost the creditor $5.50. Eventually, it claims collections...

Author: /time Magazine | Title: The American Way of Debt | 5/31/1982 | See Source »

...payment of $2.4 billion in loans, which were actually due last year. The solemn signing at the glass-and-aluminum-sheathed headquarters of the Dresdner Bank in Frankfurt removed one obstacle to the start of talks on extending the deadline on $4.6 billion that Poland is scheduled to repay banks and governments this year...

Author: /time Magazine | Title: The Financial Perils of Poland | 4/19/1982 | See Source »

Bankers, who once feared that their Polish loans might become total losses, seemed satisfied with last week's settlement. It requires the Poles to pay a stiff 1.75% above the basic international lending rate (currently 15½%). Warsaw is to repay $120 million this year, and the remaining $2.28 billion in twice-a-year installments beginning in December 1985. Notes an official of one of the 500 banks that took part in the agreement: "This all demonstrates that Poland has the ability to do more than people thought it could...

Author: /time Magazine | Title: The Financial Perils of Poland | 4/19/1982 | See Source »

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