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French President Francois Mitterrand insists that the E.C. can both deepen and widen: achieve the Community's goals and help Eastern Europe. But even Delors, "Mr. 1992," doubts whether that aim is achievable: he fears that Germany's preoccupation with making unification work and its commercial expansion into Eastern Europe will slow down the process of E.C. integration...

Author: /time Magazine | Title: Cold Feet on the Dance Floor | 10/22/1990 | See Source »

...Jonathan, a dark-haired freshman, announces to two female companions while waiting to be filmed for the class of 1994 video -- another inhibition dissolver. "Do you know who lives there?" The women shake their heads. "Bruce Springsteen." He pauses to let the statement sink in. The girls' eyes widen approvingly. "And Cher," he adds. They move slightly closer. "Oh, yeah," he goes on, with the confident air of a man who knows he has made an impression. "In fact, I live right next door to Bruce." The come-on seems irresistible...

Author: /time Magazine | Title: Lancaster, Pennsylvania College Days: Then and Now | 10/1/1990 | See Source »

Already, some Soviet analysts say, the deployment of American soldiers to guard the holy places of Islam has stirred anti-American and anti-Western feelings among Muslims. Moscow frets that the crisis could ultimately widen the gap between North and South, pit the Islamic world against Europe and set the stage for future regional challenges that will prove beyond the control of either superpower...

Author: /time Magazine | Title: The Gulf: The Tortoise and the Hare | 9/10/1990 | See Source »

...wealth, territory, sovereignty and political influence have splintered the alliance. With Egyptian President Anwar Sadat's visit to Jerusalem in 1977, the one issue that had always rallied unanimous support -- Arab hatred of the state of Israel -- proved divisive too. Through the 1980s, the cleavages seemed only to widen as the members of the Arab League, now 21 strong, lined up on different sides in the Iran-Iraq war and split their loyalties between Washington and Moscow. So Saddam Hussein's precipitous invasion of Kuwait two weeks ago hardly shattered Arab unity. It merely stripped away the flimsy facade...

Author: /time Magazine | Title: The Gulf: Me And My Brother Against My Cousin | 8/20/1990 | See Source »

...Crashful, Crappy? When I'm asked my worst-ever investment, I can't decide. "Choose me!" shout my shares in a company with an asbestos problem. "Choose me!" shouts my ill-fated "TED spread," a bet in May that the unusually narrow spread between Treasury bills and Eurodollars would widen. (It narrowed even further. My cost in brokerage commissions alone was enough to buy a couple of Congressmen.) "Choose me!" shout all my expired-worthless puts and calls...

Author: /time Magazine | Title: Money Angles: Sleepy, Dopey, Crashful & Co. | 7/30/1990 | See Source »

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