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...testing had sat on the table since July, disdained by the Reagan Administration as a mere propaganda ploy. But with the Kremlin's self-imposed (and rather self-serving) testing freeze due to expire on Jan. 1, Soviet Leader Mikhail Gorbachev sweetened the offer. If the U.S. agreed to join the Soviets in a testing halt, he wrote President Reagan on Dec. 5, U.S. inspectors would be welcome in the Soviet Union to resolve questions about cheating...

Author: /time Magazine | Title: Test-Ban Talks? The two sides show some give | 6/21/2005 | See Source »

...last week. The advance was fueled by the billion-dollar money managers who handle the investments of pension funds, insurance companies and bank trust departments. By the end of the year, even the most cautious of these institutional investors were under pressure to join the rush rather than risk missing the greatest bull market of all time...

Author: /time Magazine | Title: Bubbly Times for Bulls | 6/21/2005 | See Source »

...President Reagan took with him a secret report from the Holloway Commission, a White House task force set up six months ago to explore new ways of fighting terrorism. Next week the debate will spill into the open, as Secretary of State George Shultz and Defense Secretary Caspar Weinberger join more than 100 experts to discuss the future of low-intensity conflict at a symposium at Fort McNair in Washington...

Author: /time Magazine | Title: A Warrior Elite For the Dirty Jobs | 6/21/2005 | See Source »

...confiscate a sugar plantation owned by her family. Aquino revealed that on Dec. 3, the day she announced her candidacy, a regional court ordered the government to seize the property. As for the "pinko" charge, Aquino had a cool response. If elected, she said, she would allow Communists to join a coalition government if they renounced violence. NEW ZEALAND He Did It for Love...

Author: /time Magazine | Title: World Notes: Jan. 13, 1986 | 6/21/2005 | See Source »

...Harvard M.B.A. He always had a fascination with airlines, and so at 24 he took a job at Wall Street's National Aviation, a mutual fund dealing in airline securities. Six years later, after proving an astute stock picker, he became its president. He left in 1973 to join troubled Texas International Airlines and rose to be chief operating officer within three years. One of his first steps was to begin trying out radical fare discounts to boost business. But Burr soon began to form a more revolutionary vision of an airline that could offer extremely low fares and operate...

Author: /time Magazine | Title: A Yankee Preacher in the Pilot's Seat | 6/21/2005 | See Source »

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