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...almost paralyzed by the grave illness of Tancredo Neves, the first civilian to be elected as the country's President after 21 years of military rule. Meanwhile, the IMF has suspended $1.5 billion in loans that the country had expected to receive from the fund. Following the IMF's stern lead, banks in the U.S. and Western Europe halted talks with Brazil about rescheduling payments on its $102 billion debt. One of the main reasons for the IMF's action was that Brazil's annual inflation rate has been running higher than 230%, far above the 120% target level...

Author: /time Magazine | Title: Fresh Fears About Mounting Debts | 4/12/2005 | See Source »

...white-dominated South Africa a stern Dutch Calvinist concept of law-and-order still holds sway. But suddenly many of the country's segregated black townships are becoming ungovernable. After a brief period of relative calm in June, violence is again on the rise in the black residential areas, with outbursts being reported every day. Last week 13 blacks were killed in the Johannesburg area alone, both by police and by other blacks. In one 24-hour period, 23 violent incidents were reported. Throughout the racially divided country there were fire bombings and grenade attacks in black townships almost every...

Author: /time Magazine | Title: South Africa: Apartheid's New Upheaval | 4/12/2005 | See Source »

...within four minutes." The 130-ft. converted trawler was berthed in Auckland, New Zealand, last week, preparing to lead a protest of French nuclear tests at Mururoa Atoll, 700 miles southeast of Tahiti. Two explosions ripped a 6-ft. by 8-ft. hole in the hull, scuttling the vessel stern first in 24 ft. of water and killing Ship Photographer Fernando Pereira. The twelve other people reportedly on board escaped unharmed...

Author: /time Magazine | Title: World Notes: Jul. 22, 1985 | 4/12/2005 | See Source »

...bravado undiminished, Konrad Kujau, confessed forger of the notorious Hitler diaries, awaited the verdict of a Hamburg court by scrawling facsimiles of the Führer's signature. Kujau's mood grew more somber when Judge Hans-Ulrich Schroeder declared him guilty, along with former Stern magazine Reporter Gerd Heidemann, of defrauding Stern of $3.8 million between 1981 and 1983. The German weekly had purchased 60 volumes of the phony diaries in what it billed as the "scoop of the post-World...

Author: /time Magazine | Title: World Notes: Jul. 22, 1985 | 4/12/2005 | See Source »

...little while. Both boats stood near even after the race’s thirty strokes, but as both crews settled off of the quick start, the Black and White began moving through the Brown boat seat-by-seat. With 1,000 meters down, Radcliffe’s stern sat on Brown’s bow, a full boatlength ahead of its Ivy counterpart...

Author: By Aidan E. Tait, CRIMSON STAFF WRITER | Title: No. 7 W. Heavyweight Crew Tops Defending Champion Bears | 4/4/2005 | See Source »

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