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...home, Chadli has moved to temper the repressive climate that marked Boumedienne's regime by releasing some political prisoners (including Algeria's first President, Ahmed Ben Bella) and allowing other exiled opponents to return for visits. Chadli has also turned away from the centralized, Soviet-style economic system that Boumedienne favored. Instead, the government is actively encouraging smaller enterprises and, in agriculture and housing, even a return to private ownership. There are steadily improving economic ties with the West, the major customers for the oil and natural gas that bring in 98% of Algeria's foreign exchange...

Author: /time Magazine | Title: Chadli, Malek, Gharaieb, Mostefae: Algeria's Tireless Postmen | 2/2/1981 | See Source »

...wrong, but in the case of Iran the impulse to understand what has happened to the U.S. in the past 14½ months may offer the only way out of a blind rage. Blindness has been a metaphor throughout. The U.S. was blind not to see the extent and temper of the Iranian revolution against the Shah; blind fanatics seized the U.S. embassy in Tehran; the Ayatullah Khomeini's blind sense of vengeance sanctioned the seizure; and the hostages suffered their own blindness, held in solitary and the dark. All year long, photographs of American heads in blindfolds became...

Author: /time Magazine | Title: Iran Hostages Essay: Learning Lessons from an Obsession | 2/2/1981 | See Source »

...Unflappable" is the word acquaintances most often apply to Christopher. His manner is methodical, even colorless, and his temper is seemingly nonexistent. That may be his greatest qualification for dealing with the mercurial Iranians. Says former Governor Brown: "I regard him as one of the ablest men I have ever met. He's diplomatic. He's skillful. He's fair." Carter paid a similar compliment last week in awarding Christopher the Medal of Freedom: "He is indeed outstanding." Privately, Carter added that he regrets not having named Christopher to succeed Griffin Bell as Attorney General...

Author: /time Magazine | Title: The Quiet American | 1/26/1981 | See Source »

...English major at Harvard ('40) and avid golfer (he shoots in the low 90s), Regan learned his hard-driving management style as a Marine lieutenant colonel during combat in the Pacific. Says Regan, whose Irish temper flares quickly at subordinates who do not meet his expectations: "I don't like laziness or sloppiness or slovenliness." After World War II, he joined Merrill Lynch, became its president in 1968 and chairman in 1971. Under his leadership, the firm, already biggest in the U.S. securities industry, became a financial supermarket with thriving new lines of business in insurance, real estate...

Author: /time Magazine | Title: Nation: A Broker for Treasury | 12/22/1980 | See Source »

More broadly, executives hope that the incoming Administration can temper the antibusiness hostility that they believe has prevailed in Washington for much of the 1970s and complicated efforts to deal with the nation's economic malaise. The Reagan White House, says Charles Bliss, chief executive officer of Chicago's Harris Bank, has an opportunity to "set the tone for the beginning of the decade toward solving our problems of inflation, slipping productivity and declining standard of living. We will have a whole new appraisal of the role of Government...

Author: /time Magazine | Title: Business: Waiting for Reaganomics | 11/24/1980 | See Source »

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