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...Japanese insurance company for the seemingly untoppable sum of $39.9 million. Four of the ten highest prices ever paid at art auctions have been fetched by Van Gogh's works during the past two years.The Dutch artist has long been revered for his mesmerizingly bright colors and thick, curvy, even violent brushstrokes, but some experts think the sudden Van Gogh craze defies explanation...

Author: /time Magazine | Title: COLLECTIBLES: Going, Going, Van Gone | 11/23/1987 | See Source »

...invite comparisons to Poland or Czechoslovakia, Angola or Ethiopia, Libya or Iran. It is a question of style as much as of substance, and the style is apparent upon arrival at Managua's Sandino Airport. The traveler is confronted by immigration officers in high, completely enclosed wooden booths with thick glass windows and heavy curtains. Out of sight, the officer rustles mysteriously through what seems to be a thick book. Then he appears to scribble furiously for a minute or two. After a final scrutiny of the traveler's face, the passport is pushed back. "Welcome to Nicaragua," says...

Author: /time Magazine | Title: Nicaragua: At War With Itself | 11/16/1987 | See Source »

Lenin's white statue seemed to gaze down expectantly on Mikhail Gorbachev as the Soviet leader walked to the podium of the Kremlin's Palace of Congresses, - opened a thick folder and began his 2-hr. 41-min. speech. Between Lenin and Gorbachev lay seven decades of Soviet history, much of it officially ignored or obfuscated -- and nearly all of it haunted by the ghost of Joseph Stalin. But Gorbachev had insisted there should be no "blank pages" in his country's past. Now, in an address marking the 70th anniversary of the 1917 Bolshevik Revolution, he had an ideal...

Author: /time Magazine | Title: Soviet Union Lifting the Veil on History | 11/16/1987 | See Source »

...economic trouble, complex and long in the making, resists rhetoric and simple -- or even difficult -- solutions. The air last week was thick with contradictions, with speculative shadows and smoke. Were the nation's huge trade and budget deficits really the problem? The point was expertly argued both ways. Would raising taxes now help the economy or send the economy into a recession? Reagan was expected to lower the budget deficit, soothe the markets, bring down interest rates and keep the dollar steady. At the same time, he must be careful not to discourage consumer spending and capital investment. Reagan, believer...

Author: /time Magazine | Title: The Crash: Who's in Charge? | 11/9/1987 | See Source »

...scene in the palace is dismal. Within the courtyard, acres of wisteria blooms seem lacklustre and inanimate. Even the thick gold pavement on the garden path seems to have lost its sheen. The heads of traitorous peasants bob wearily on poorly-maintained pikes. Entering the main hall, I find the prince sprawled, seemingly in despair, on top of a large pile of wrinkled and soiled currency...

Author: By Rutger Fury, | Title: The Windsor War | 10/31/1987 | See Source »

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