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...proposed compromise that will reduce INF arsenals to "token" forces of 100 warheads each. Such an agreement could provide a centerpiece for a full-fledged summit in the U.S. if Reagan and Gorbachev can iron out the remaining issues this weekend. Among them: the Soviets want only a short-term agreement in order to avoid being locked into a deal if modernization of the French and British independent arsenals commences in the next decade; the Americans want strict verification procedures, as well as limits on the mobile SS-20s that the Soviets have deployed in Asia...

Author: /time Magazine | Title: The Missiles of Europe | 10/13/1986 | See Source »

...reserves may be considerable. Estimates of the amount of fossil water beneath the Sahara vary widely, as do calculations about the rate of replenishment through flash floods, which turn desert wadis into raging torrents. Says Hydrologist Smith: "It is a one-off use of the resource, and only a short-term solution to the problem." Indeed, some scientists say it is impossible to know for sure whether the desert water will flow for 200, 50 or just 20 years...

Author: /time Magazine | Title: Environment: A Plan to Make the Desert Gush | 9/29/1986 | See Source »

...time America woke up and smelled the coffee. Instead of making shady deals for short-term domestic gains, we must play straight on the world market. It's time we started dealing honestly with ourselves--and honestly with our friends...

Author: By Jeffrey J. Wise, | Title: Grain Pain | 9/24/1986 | See Source »

...minister of one of the most powerful OPEC nations, Yamani said pricing by oil producers based only on short-term supply and demand trends led to the dramatic fall in petroleum prices from more than $30 per barrel in 1980 to a low of $9 in July...

Author: By James D. Solomon, | Title: Says Mr. OPEC: Stabilize Oil Prices | 9/22/1986 | See Source »

...abuse. House Speaker Tip O'Neill last week said he would favor new taxes to pay for the plan. "I'm afraid this bill % is the legislative equivalent of crack," said Massachusetts Democrat Barney Frank, one of the handful of Congressmen who voted against the package. "It yields a short-term high but does long-term damage to the system. And it's expensive to boot...

Author: /time Magazine | Title: Rolling Out the Big Guns | 9/22/1986 | See Source »

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