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...year since Mikhail Gorbachev announced a sweetening of incentives for foreign investment in Soviet industry, many U.S. corporations have nibbled but none have bitten until now. Last week a Connecticut petroleum-engineering firm signed up for a $16 million U.S.-Soviet joint venture to develop control systems for oil refineries and petrochemical plants. Combustion Engineering of Stamford will supply the technological know-how, while the Soviet oil ministry provides equipment and labor. Although control over the venture is tipped 51% to 49% in favor of the Soviets, the pact offers something for both sides: Moscow gets access to badly needed...

Author: /time Magazine | Title: JOINT VENTURES: Glasnost Makes a Deal | 11/23/1987 | See Source »

...state righted itself a bit last week by picking a Supreme Court nominee who appears to be neither politically extreme nor personally objectionable. The prospect of a deficit-reduction compromise, though getting little help from the President, looks mildly promising for the Reagan record. The coming summit meeting with Mikhail Gorbachev and the achievement of an arms-control agreement will help restore Reagan's stature. However, much more must -- and can -- be accomplished...

Author: /time Magazine | Title: Putting The Presidency Back to Work | 11/23/1987 | See Source »

Nicholas H. Turner, a fellow this semester at the Russian Research Center, said General Secretary Mikhail Gorbachev's policy of "glasnost" has opened new doors to the foreign press because Soviet officials have become more accommodating...

Author: By Garth R. Wiens, | Title: Soviet Media Coverage Easier Since Glasnost | 11/20/1987 | See Source »

President Reagan and Mikhail S. Gorbachev are scheduled to hold the summit in Washington December...

Author: NO WRITER ATTRIBUTED | Title: U.S., USSR Close to Signing Arms Treaty | 11/18/1987 | See Source »

Lenin's white statue seemed to gaze down expectantly on Mikhail Gorbachev as the Soviet leader walked to the podium of the Kremlin's Palace of Congresses, - opened a thick folder and began his 2-hr. 41-min. speech. Between Lenin and Gorbachev lay seven decades of Soviet history, much of it officially ignored or obfuscated -- and nearly all of it haunted by the ghost of Joseph Stalin. But Gorbachev had insisted there should be no "blank pages" in his country's past. Now, in an address marking the 70th anniversary of the 1917 Bolshevik Revolution, he had an ideal...

Author: /time Magazine | Title: Soviet Union Lifting the Veil on History | 11/16/1987 | See Source »

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