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...allied response to the Soviet intervention also received a setback late last week when France abruptly announced that it would not send a representative to a Foreign Ministers' meeting in Bonn next week. The talks had been initiated by the U.S. The French refusal to participate considerably undercut the impact of an unusually strong joint statement issued earlier in the week by French President Valery Giscard d'Estaing and West German Chancellor Helmut Schmidt; it called the Soviet intervention "unacceptable" and demanded a withdrawal...

Author: /time Magazine | Title: SOUTHWEST ASIA: Selling the Carter Doctrine | 2/18/1980 | See Source »

...economic model has produced increased misery for the majority of the Chilean population. Real unemployment is estimated between 20 and 30 per cent. [The government distorts these figures by not counting as unemployed those on the Minimum Employment Program, which pays a meager $26 per month.] Inflation continues to undercut the real incomes of working people. Cuts in government support for health, housing, education and social services reduce their social wage...

Author: By Celia W. Dugger, | Title: Harberger: A Deadly Naivete | 2/11/1980 | See Source »

Ellen Foley can cut loose with the power, too, but her training was strictly Broadway, and her big break came on the Meat Loaf Bat out of Hell album, where she undercut Loafs buffalo bellows with some full-throated purring. The most overtly sexual of this quartet, Foley tries for what she calls "the woman-child look," but turns out more like an F.W. Woolworth vision of Lana Turner. "Rock 'n' roll is about rhythm and movement," she reminds us, then supplies a footnote on anatomy: "Your sex is very close to your heart...

Author: /time Magazine | Title: Music: Chick Singers Need Not Apply | 1/21/1980 | See Source »

...acting under orders from the U.S., or that Tehran was allowing him into Iran under pressure from the threat of sanctions. It was the sort of face-saving gesture that has earned the Secretary-General a reputation as a master of diplomatic technicalities and procedures, but its effect was undercut by Vance. Asked if Waldheim's last-ditch diplomacy was the result of U.S. prodding, the Secretary of State forthrightly replied: "I think it is, and I'm delighted...

Author: /time Magazine | Title: Nation: Mission Impossible | 1/14/1980 | See Source »

...Aramco officers are among the few people who know the real size of Saudi Arabia's production capacity. Last spring Exxon and Socal divulged to the Justice Department, in its ongoing anti-trust investigation of the oil industry, that Aramco had little spare capacity. That statement helped to undercut Saudi influence over cartel price policy. On the eve of the Caracas gathering last week, Saudi officials proclaimed that the country could boost output almost immediately, perhaps to a hefty 11 million bbl. Meanwhile, the Saudi government is punishing Socal and Exxon for their indiscretion; Aramco is under orders...

Author: /time Magazine | Title: Business: Aramco's Stormy Petrol | 12/24/1979 | See Source »

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