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Events surrounding the anniversary week only deepened the gloom. In two skillful ambushes along the canal, 120 Egyptian commandos killed 13 Israeli soldiers. It was scant comfort that Israeli jets replied with six days of intensive bombing, including one 14-hour dawn-to-dusk raid, or that they shot down three Egyptian planes to bring their kills since 1967 to 101 (v. losses of nine). Near the Jordan border, Arab guerrillas fired Soviet-supplied, 220-mm. Katyusha rockets into the dusty town of Beisan on three occasions, killing three ten-year-old girls and wounding 36 people, mostly children...

Author: /time Magazine | Title: World: Israel's Growing Gloom | 6/15/1970 | See Source »

...industries are closed entirely to outside capital. A four-step program of liberalization, which began in 1967, opens some industries to foreign ownership. While the list includes fabricated iron and steel, most of the other fields that it unlocks-including sake manufacturing, beauty parlors and driving schools-are of scant interest to a foreign investor. The total impact is slight because the list offers little new opportunity in such key sectors as auto manufacturing and electronic computers until the final stage of liberalization in 1971. Even then, the Japanese promise only up to 50% participation in the most important area...

Author: /time Magazine | Title: Business: Comeback for Protectionism | 5/11/1970 | See Source »

SCENE 1. Rejected by the Democratic Convention, Senator Eugene McCarthy believes that the country still needs a peace candidate. Though he would have scant chance of gaining even one vote in the discarded Electoral College, the new setup offers intriguing possibilities...

Author: /time Magazine | Title: Essay: HOW NOT TO ELECT A PRESIDENT | 5/4/1970 | See Source »

...effort is not all defense-oriented. The Russians have developed a swing-wing bomber and a fractional orbital bombing system (FOBS), using ICBMs that are fired on a low trajectory and would approach the U.S. from its blind side: the Southwest, where American radar coverage is still scant. At the Sary-Shagan test site in Kazakhstan, the world's largest missile impact range, the Russians are also developing a longer-range sub-fired missile for its new Yankee class submarines: one of them is already on patrol off the U.S.'s Atlantic coast...

Author: /time Magazine | Title: World: Moscow's Military Machine: The Best of Everything | 5/4/1970 | See Source »

...which would have resulted in widespread suffering and death, by famine if not by police terror and violence. His forced collectivization and his persecution of the kulaks must have been prompted at least in part by the fact that the wholesale refusal of the peasants to sell their already scant grain reserves to the state was resulting in starvation and death in Russian cities. Under these circumstances, the regrowth of oppressive, undemocratic state machinery in the Soviet Union under Stalin is easier to understand, if not any less difficult to condone...

Author: By M. DAVID Landau, | Title: Birthdays Lenin | 4/22/1970 | See Source »

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