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...nations would climb from this year's $16 billion to perhaps as much as $40 billion in 1980. Developing nations would be hurt worst, since many of them have no exports of real value to count on at all. Their debts, which already total some $300 billion, would swell by perhaps another $60 billion, requiring poor nations to borrow yet more billions...

Author: /time Magazine | Title: Business: Here They Come Again | 12/17/1979 | See Source »

...writer was equally eye-catching: a tall, pale, boyish figure whose trademark was a gleaming white suit. He looked like a collegian out of Held's Angels, or a swell in Evelyn Waugh's Vile Bodies. Raised in Richmond, Va., Wolfe spoke softly and courteously, exuding an air of the right stuff. But he wrote like a hit man. "Tiny Mummies! The True Story of the Ruler of 43rd Street's Land of the Walking Dead!" was a surprise attack on the genteel New Yorker magazine and its shy, venerated editor, William Shawn. A shocked cultural establishment...

Author: /time Magazine | Title: Books: Skywriting with Gus and Deke | 9/24/1979 | See Source »

...make matters worse, Castro may well ride the swell of his enhanced prestige straight into the Security Council, if the Cubans succeed in obtaining the rotating Latin American seat; their chances of doing so are rated good by many diplomatic observers (the holder of the seat is elected by the General Assembly every two years). If Castro should go to the U.N. this fall, he will appear as the foremost leader of the Third World - and the firebrand spokesman for a kind of global anti-Americanism...

Author: /time Magazine | Title: Nation: Castro's Showpiece Summit | 9/17/1979 | See Source »

...radio studio. But on Round 2 she draws a blank on Form 2440, losing a chance to "become a limited partner in a solar-powered cattle ranch on a uranium field." Susan has to settle for an electric saucepan. "Until tomorrow," says a smarmy announcer as applause and music swell, "Remember: Give us shelter...

Author: /time Magazine | Title: Press: All the News Fit to Hear | 8/27/1979 | See Source »

Donna Summer: Bad Girls (Casablanca). While everyone's gone disco, Summer, the best disco singer in the field, is rocking harder. About one side's worth of songs on this double set will be no trial for even the toughest disco adversary, because Donna has swell pipes and because she is trying to give the music more range and bite. Watch out, Diana Ross...

Author: /time Magazine | Title: POP: Sounds in a Summer Groove | 7/30/1979 | See Source »

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