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...only did it for Israel. I hate the military business, and I don't do it in other countries.'' By all accounts that is the truth. Other Israeli firms are opening offices in China now, and Eisenberg is moving on, putting together major deals in India and the former Soviet republic of Kazakhstan. For Eisenberg, the wheeling and dealing never stop. Like many self-made men, he puts others off with his intense focus. ''He's a very tough man,'' says another ex-employee , ''very demanding, very aggressive.'' Eisenberg has no hobbies, doesn't go to the theater, doesn...

Author: /time Magazine | Title: ISRAEL'S SECRET WEAPON | 7/21/2008 | See Source »

...painful dilemma for the Israeli government. On the one hand, Israeli leaders feel obligated to pursue an ongoing investigation into $ charges that Waldheim participated in Nazi atrocities. On the other, they fear that harsh treatment of Waldheim could jeopardize Austrian cooperation in matters like Jewish emigration from the Soviet Union. Said Prime Minister Shimon Peres: ''It's not a simple question, and there are no simple answers.'' Even Waldheim's defenders seemed less than enthusiastic. In Moscow, the Soviet news agency TASS issued a commentary accusing the U.S. and ''Zionists'' of using a ''hostile campaign'' to discredit Waldheim. The article...

Author: /time Magazine | Title: AUSTRIA LAST HURRAHS Few smiles after a big victory | 7/21/2008 | See Source »

President Reagan's Strategic Defense Initiative has had a stunningly paradoxical effect on arms control. The American effort to create a shield against enemy missiles has given the Soviets a fresh incentive to develop new offensive weapons that would burst the remaining bonds of the arms-control process, which has been in stalemate. Yet it has also given the Soviets an incentive to return to the bargaining table and offer serious proposals in the hope of tightening the bonds of arms control around SDI itself. If there is a summit in November or December, Reagan the Star Warrior might...

Author: /time Magazine | Title: GRAND COMPROMISE | 7/21/2008 | See Source »

...Soviets do offer to give up their largest missiles, they would probably demand that the U.S. give up the MX and the Trident II as well. That would be difficult to accept. There are widespread questions about how to base the MX and about Congress's willingness to fund it fully. But the Pentagon sees the Trident II as a crucial component of the U.S. arsenal for the 1990s because, like its predecessors, its submarine basing makes it invulnerable to a Soviet pre-emptive attack (assuming, of course, that the Soviets do not achieve a breakthrough in antisubmarine warfare...

Author: /time Magazine | Title: GRAND COMPROMISE | 7/21/2008 | See Source »

...Dialysis Society.'' The President barely knows the name of this second-string hack until a bureaucratic glitch awards Burnham a ''Q'' clearance to receive atomic secrets. Though he has no idea what to do with them, or with the accompanying paper shredder, he soon attracts the attention of Soviet spies, jealous White House insiders and, worse, the President, who makes him a trusted adviser. Benchley's story embraces the debate over invading Honduras (Ronald Reagan's earlier incursion into Nicaragua having failed) and a yachtload of American homosexuals who threaten to blow up a Soviet supertanker in Cuba...

Author: /time Magazine | Title: ICONOCLASM ''Q'' CLEARANCE by Peter Benchley Random House; 340 pages; $16.95 | 7/21/2008 | See Source »

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