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...were very lucky last October. Lucky not only because decisive steps by various governments stabilized the situation, but also because the bond market and the dollar did not crash along with stocks. One does not have to be a prophet of doom and gloom to sketch a possible downside scenario despite current strong economic statistics. With the trade deficit still high, inflation on the rise, no resolution to Third World debt problems and no decisive action on the federal budget deficit, we could see another steep decline of the dollar, a spurt in interest rates, a break in bond prices...

Author: /time Magazine | Title: Special Report: The Crash, One Year Later | 10/17/1988 | See Source »

...mirrors that of the book--both are ficitonalized efforts to portray political realities. But in Eva Luna, allegory is no escape from censorship. The government attempts to censor the show, which portrays the government's participation in brothels, fake uprisings and hit squads. Eva becomes embroiled in a foul scenario of bribing, violence and censorship as the military attempts to coerce her to change the events of her show...

Author: By Katherine E. Bliss, | Title: Politics and Fantasy in South America | 10/15/1988 | See Source »

...subject of twin gynecologists, driven to dementia and a symbiotic murder-suicide by urges that both share but neither understands, seems a scenario only Cronenberg could dream up. In fact, the story comes from the novel Twins, by Bari Wood and Jack Geasland, which in turn was based on the case history of Drs. Cyril and Stewart Marcus, a pair of respected gynecologists who in 1975 were found dead in a Manhattan apartment. From these threads Cronenberg has spun a fantasia of split personality and the vulnerable male ego. The film's identical twins, Elliot and Beverly Mantle (both played...

Author: /time Magazine | Title: Cinema: A Terminal Case of Brotherly Love DEAD RINGERS | 9/26/1988 | See Source »

...strike sparks, the picture comes briefly to coherent life. To a tough role, Winger brings all the gifts -- chameleon face, whiskey-and-chocolates voice, hoydenish energy, keen moral intelligence, fierce authenticity -- that make her a pleasure, an adventure, to watch. Pity they are in the service of a schizoid scenario that leaves this splendid actress in the same quandary as her screen sisters Irving % and Arquette: cross, blue, betrayed...

Author: /time Magazine | Title: Cinema: Desperately Seeking Starlight | 8/29/1988 | See Source »

...Such a scenario, of course, is rejected outright by Israel, which regards the P.L.O. as a terrorist group and considers large parts of the occupied territories necessary for its security. "The Israeli government will do everything so that these statements remain empty words, unmatched by deeds," said Prime Minister Yitzhak Shamir. Added Foreign Minister Shimon Peres: "It is not a substitute for dealing seriously with the situation." Ariel Sharon, a former Defense Minister who heads the Industry and Trade Ministry, proposed extending Israeli law to portions of the occupied territories. U.S. officials warned against that move, which would be tantamount...

Author: /time Magazine | Title: Middle East Sometimes a Great Notion | 8/29/1988 | See Source »

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