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...secrecy havens have multiplied on such remote islands as Nauru in the western Pacific and Palau and Truk in Micronesia. Citizens of Vanuatu, a volcanic archipelago of some 80 islands formerly known as the New Hebrides, have found that international finance beats coconut and taro farming. In Port Vila, the capital, it is not unusual for a $100 million transaction between major international banks to take place on any given...

Author: /time Magazine | Title: A Torrent of Dirty Dollars | 12/18/1989 | See Source »

...sunny sidewalks and streets of Port Vila (pop. 18,000), capital of the island republic of Vanuatu, about 1,000 miles east of Australia, became a South Pacific battleground last week. Chanting "Change the law or there will be a revolution!" about 2,000 marchers, some armed with iron bars and clubs, clashed with 140 police and soldiers. One man was killed and nine were injured. Looters then turned the city into a shambles of debris and shattered glass. A beleaguered Prime Minister Walter Lini requested help from the Australian government, which quickly airlifted in riot-control gear...

Author: /time Magazine | Title: Vanuatu: Troubles in the South Pacific | 5/30/1988 | See Source »

...outburst was inspired by the transfer of Port Vila land leases from a semi-government authority to a government department. Members of Vanuatu's three Melanesian tribes, which consider themselves the traditional owners of the land, opposed government control of the leases...

Author: /time Magazine | Title: Vanuatu: Troubles in the South Pacific | 5/30/1988 | See Source »

...French colonial administration. Officials in Papua New Guinea complain that Gaddafi is wooing rebels along that country's Indonesian border with promises of arms and financial assistance. In Vanuatu last month, two Libyan agents were discovered searching for space to set up a People's Bureau in Port-Vila, the capital, apparently without the permission of Prime Minister Walter Lini's government. Not that Lini dislikes Libya. Indeed, his Vanua'aku Party reportedly plans to send 70 political activists to Tripoli for paramilitary training. Two smaller groups have already made the trip. When Vernon Walters, the U.S. Ambassador...

Author: /time Magazine | Title: Diplomacy Washing Libya Out of Their Hair | 6/1/1987 | See Source »

...Vila SocÓ was an accident waiting to happen. Part of the favela had been built illegally on private land near a gasoline pipeline owned by the state oil monopoly, Petrobrás. The day before the fire, Petrobrás had ordered the wrong pipeline to be opened, causing a leak in the pipeline that ran next to Vila SocÓ. Investigators contend that Petrobrás failed to monitor a pressure buildup on the line and stop the leak. At the time of the explosion, shortly after midnight, gasoline had spread throughout many ditches of the shantytown, creating...

Author: /time Magazine | Title: A Tragedy Deepens | 4/9/1984 | See Source »

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