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Initially, both the Brazilian public and Congress applauded Collor's ^ program, especially the asset freeze, which was perceived as a slap at the rich. After all, 9 of 10 Brazilian depositors had less than $1,200 in the bank. Then Collor and his relatively inexperienced team blinked. Fearing a full-blown recession, they made it possible for many businesses and individuals to recover frozen funds. Companies were allowed to trade impounded cruzados for negotiable cruzeiros by using them to pay taxes and debts. Exceptions were also made for retirees, unemployed workers and people needing emergency medical treatment...

Author: /time Magazine | Title: Brazil The Biggest Shake-Up | 8/6/1990 | See Source »

...though, the real danger may lie in the government's taking the threat of communism too seriously. Anglo-American Corp. director Bobby Godsell predicted that blacks in South Africa would reject socialism, just as East Europeans have. But this assumes that the government will resist any temptation to slap a new ban on the party. Says Godsell: "Communism has to be defeated in the minds of voting people...

Author: /time Magazine | Title: South Africa The Party's Not Over | 8/6/1990 | See Source »

...Skin Cancer Awareness Week, literature and posters are distributed and dermatologists conduct free skin-cancer screenings. In the state of Victoria, lifeguards are used as role models. They sit in shaded areas, pass out skin-cancer literature, don hats and wear T shirts emblazoned with the slogan SLIP! SLOP! SLAP! -- which practically everyone Down Under understands to mean "Slip on a shirt. Slop on some sunscreen. Slap...

Author: /time Magazine | Title: Skin Cancer: The Dark Side of Worshiping the Sun | 7/23/1990 | See Source »

This is not to say that Arafat did not deserve a slap. He renounced terrorism in 1988, but has so far refused to condemn specifically the foiled May 30 Palestinian attack on a Tel Aviv beach. Yet Arafat's predicament is understandable. The P.L.O. is a contentious collection of ideologically disparate factions, but they are united in wondering what 18 months of dialogue with the U.S. has bought. P.L.O. requests seem reasonable enough: direct talks with Israel, a United Nations team to investigate alleged Israeli abuses of Palestinian human rights in the occupied territories, a chance for Arafat to plead...

Author: /time Magazine | Title: The Political Interest: Getting Shamir's Attention | 7/2/1990 | See Source »

...capital the telephone company, which six months ago charged $160 to install an overseas line, now asks foreign companies to pay $20,800. The Bolshoi and Kirov ballet troupes have licensed their names in Europe, and the British promoter who put that deal together has signed an agreement to slap the prestigious titles on soap, shoes, perfume and panty hose in the U.S. Says Peter Brightman, head of the company that okayed the contract: "Everyone in the Soviet Union is desperate for hard currency...

Author: /time Magazine | Title: Coming: Bolshoi Panty Hose | 6/25/1990 | See Source »

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