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...deal ever struck with an American company, the Soviets will trade ships and spirits for expanded Pepsi production. The complex barter system was necessary because the ruble is not readily convertible to Western currency. PepsiCo, which currently produces 40 million cases of soft drinks in the U.S.S.R. each year, will more than double its number of bottling plants in the Soviet Union, from 24 to 50. The expansion will be financed by shipments of Stolichnaya vodka over the next ten years and the sale or lease of at least ten Soviet-built freighters and tankers...

Author: /time Magazine | Title: TRADE: Ship Me a Pepsi, Please! | 4/23/1990 | See Source »

...either just before the President's plane lands or just after it takes off. Although the Colombian drug cartels have apparently never used such weapons before -- and there is still no hard evidence that they have acquired them -- there are certainly plenty of SAMs, primarily U.S.-made Stingers and Soviet-built SA-7 Grails, available through illegal channels. Both are portable, shoulder-mounted rockets that use tiny infrared sensors to home in on the heat generated by a jet engine...

Author: /time Magazine | Title: Technology: Could They Hit Air Force One? | 2/5/1990 | See Source »

...slayings indicated the success of the rebel strategy. Only the near simultaneous discovery of Soviet-built arms aboard a crashed Cuban helicopter in the area deflected worldwide outrage. U.S. backed officials decried Cuban-intervention in the region, and peace plans were postponed...

Author: By Jeffrey C. Wu, | Title: Slain Priests Had Ties to Harvard | 12/14/1989 | See Source »

Taking off from an air base five miles from the Taj Mahal at Agra, a fleet of Soviet-built Il-76 jet transports streaked southward across the subcontinent and then out over the Indian Ocean. When the planes landed four hours later on one of the 1,200 coral atolls that make up the Republic of Maldives, hundreds of elite Indian troops charged out onto the tarmac, rifles at the ready. But the mere sight of the Indian planes had struck panic among a band of mercenaries trying to bring off a coup d'etat against the government of President...

Author: /time Magazine | Title: India The Awakening of An Asian Power | 4/3/1989 | See Source »

India's growing military machine, meanwhile, has gained the uneasy attention of its neighbors along the rim of the Indian Ocean, like Australia and Indonesia. India's lease of a nuclear-powered Soviet submarine and its acquisition of Soviet-built long-range reconnaissance planes have raised anxiety in the Australian Parliament. In Jakarta an army colonel describes his government as "concerned" about India's longer-term intentions. For that reason, he explains, Indonesia is planning to build a large naval base on Sumatra to gain quick access to the Bay of Bengal...

Author: /time Magazine | Title: India The Awakening of An Asian Power | 4/3/1989 | See Source »

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