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Come to Laurenland, the images whisper, where fantasy and finery go together like hand in well-stitched glove. Watch polo matches in Palm Beach, trim in a crested blazer and trousers of crisp linen. Sip cognac by the fireplace of a Sun Valley, chalet, snug under a brightly colored Navajo blanket and clad in a Nordic apres-ski sweater and wool twill slacks. Go on safari in Kenya wearing a bush jacket and khaki shorts that would do justice to Robert Redford in Out of Africa. Sip tea at London's Connaught Hotel, draped to perfection in a chalk-stripe...

Author: /time Magazine | Title: Selling a Dream of Elegance and the Good Life | 9/1/1986 | See Source »

...cocaine trade. "Five years ago half the hotels and restaurants were filled year round with narco traffickers," sighs Jorge Lorgio Zambrana, 48, a hotel owner. "Now I guess they go to fancier places." Lorgio Zambrana is cynical about the operation. "We have a saying here: When you trim grass, it grows in more abundantly than before...

Author: /time Magazine | Title: Bolivia High Aims, Low Comedy | 8/4/1986 | See Source »

...usual, the IMF is requiring Mexico to restrain its public spending, but the country will be allowed to run a budget deficit that amounts to 10% of its gross domestic product. Earlier in the negotiations, the IMF had wanted Mexico to trim its deficit to 5% of GDP. The new loans are intended to help Mexico boost its growth rate from an estimated -4% this year to 3.5% in 1987. If the economy falls short of this goal, or if the price of oil drops below $9 per bbl., the agreement calls for additional loans. In return, Mexico pledged...

Author: /time Magazine | Title: Breathing Room | 8/4/1986 | See Source »

...years ago by CBS Chairman William S. Paley, the institution now houses 25,000 radio and TV tapes (ranging from episodes of I Love Lucy to notable moments like the Beatles' first appearance on The Ed Sullivan Show), all of them available for screening by visitors to its trim building in midtown Manhattan. The museum also schedules regular exhibitions devoted to major performers, creators and programs from broadcasting's past. Among recent subjects: Milton Berle, Rod Serling and Masterpiece Theatre...

Author: /time Magazine | Title: Video: Celebrating a Comedy Composer | 7/14/1986 | See Source »

...Reagan last week told the newspaper USA Today he is "optimistic . . . that we're going to have a summit where we can reach agreement." But his subordinates are divided over a U.S. response to the Soviet arms-control proposal tabled in Geneva last month. The Soviets have offered to trim their large land-based intercontinental ballistic missile forces in exchange for a U.S. promise to limit its Strategic Defense Initiative to research only...

Author: /time Magazine | Title: Public Squabbles, Private Deal | 7/14/1986 | See Source »

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