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...each to 1,600 intercontinental bombers and missiles carrying 6,000 thermonuclear charges. That is still a superfluity of death and destruction, but it is also roughly a 30% reduction in the overall level of the arsenals and, more important, a 50% cut in the Soviet weapons that most threaten the U.S.: giant intercontinental ballistic missiles (ICBMs) with multiple warheads that could be used to carry out a first strike...

Author: /time Magazine | Title: Mikhail Gorbachev and George Bush: The Summit Goodfellas | 8/5/1991 | See Source »

...people and its nearest neighbors. When reports of fighting in Slovenia reached Washington, Secretary of State James Baker fell back on some of the old terminology. "It is truly a powder-keg situation," he said. Actually, while bloodshed in Yugoslavia is tragic and unnecessary, this time it does not threaten to ignite a world...

Author: /time Magazine | Title: Should We Care? Yes, But . . . | 7/8/1991 | See Source »

...these setbacks have not impeded the cartel's steady growth. Cali's leaders have carefully compartmentalized their organization, so that individual losses do not threaten to bring down the whole enterprise. The Cali management style is cerebral, calculating and guileful. In the tradition of the great Mediterranean trading dynasties, the major families have a patriarchal, authoritarian structure that demands absolute discipline and loyalty yet encourages creativity...

Author: /time Magazine | Title: The Cali Cartel: New Kings of Coke | 7/1/1991 | See Source »

...chimps and their keepers are not the only ones at war here. Various local factions are engaged in obscure hostilities that threaten the flow of money into Mallabar's coffers, and at one point Hope and a fellow researcher are kidnapped by an armed student volleyball team. Boyd also tries his hand at a fashionable fictional device -- passages of italicized commentary interspersed through the narrative. He doesn't need this kind of frill, but when he is not being pompous, he makes his point: the chapter in which Hope is kidnapped by the volleyballers is preceded by a deadpan account...

Author: /time Magazine | Title: Monkeys in A Jungle | 6/24/1991 | See Source »

Such misgivings threaten to turn the recovery, when it arrives, into a painfully weak one. Despite upticks in home sales and factory orders that indicate the 11-month-old slump could end this summer, economists say the ) rebound will be far less robust than any of the eight other U.S. recoveries since World War II. The outlook is bleak largely because the 1980s debt binge still hobbles companies and consumer spending and makes banks unwilling to lend. At the same time, the $318 billion federal deficit handcuffs Washington's ability to stimulate business by cutting taxes and boosting spending -- tactics...

Author: /time Magazine | Title: The Economy: Crawling Out Of the Slump | 6/17/1991 | See Source »

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