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That question is nearly always answered with the same casual assumption: the U.S., of course. Having dumped $4 billion into the country since 1980, the U.S. has become El Salvador's cash cow. A major cutback of funds from Washington was once as unthinkable as a slash in Soviet aid to Cuba; now it may also be just as inevitable. Ambassador William Walker tries to convince Salvadorans that American support for their country is unwavering. Yet he acknowledges, "I don't know any more than they do what's going to happen up on Capitol Hill." Given the economic climate...

Author: /time Magazine | Title: El Salvador | 1/27/1992 | See Source »

...goes according to plan, a Feb. 1 cease-fire will end the 12-year civil war that has claimed 75,000 lives and made El Salvador a synonym for bloodshed and human-rights abuses. Once disarmed, the rebels plan to form a political party, while the government will slash its armed forces from 56,000 to about...

Author: /time Magazine | Title: El Salvador: An End to the Bloodletting? | 1/13/1992 | See Source »

Never mind that Christmas is fast approaching. Many American companies have decided they can wait no longer to slash labor costs. In quick succession last week, three major U.S. firms announced layoffs. GM said it will significantly restructure its operations but won't disclose the actual number of job cuts until this week. Industry experts predict as many as 35,000 employees, or about 9% of GM's work force, may be gone by 1993. TRW, the defense and credit- reporting firm, plans to cut 10,000 jobs, or 14% of its payroll, during the next 18 months. And Xerox...

Author: /time Magazine | Title: Employment: It's Off the Job We Go | 12/23/1991 | See Source »

...earlier this year, HHS proposed to slash the Medical School's indirect rate to less than 65 percent, a move that would cost the school $6 million a year. The Medical School is appealing the decision...

Author: By Gady A. Epstein, | Title: Med School Audit Nears Completion | 12/4/1991 | See Source »

...Black or White track is driven by an infectious riff that sounds like prime Keith Richards. In fact, Slash of Guns N' Roses is the guitar man here. Once again Michael proves to be the grand master at pulling together all sorts of styles -- dance, rock, rap -- into a seamless whole. He may be reluctant to show his face -- only his eyes, a lock of hair and a tiny image of the child star of the Jackson 5 appear in the album art -- but he is fearless about his feelings. Every one of these 14 songs is out front...

Author: /time Magazine | Title: Out Front | 12/2/1991 | See Source »

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