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With a thud heard round the movie world, Michael Cimino went straight from Oscar winner (The Deer Hunter) to studio wrecker (Heaven's Gate). Neither honor was deserved. Indeed, Heaven's Gate was the better film, with a certain suicidal grandeur about it, like a herd of buffalo stampeding toward a firing squad. United Artists took a $44 million bath on the film and within a year was absorbed by rival MGM. Now, in a delicious triple irony, Final Cut, a UA executive's memoir of the debacle, wins raves; Ted Turner agrees to buy MGM/UA; and the studio releases...
Although Gorbachev, 54, was the youngest man sitting at the round conference table (Bulgaria's President Todor Zhivkov, 74, was the oldest), he was clearly first among equals in a group that exists largely to endorse Moscow's foreign policy and buffer the Soviet Union's western flank. The military bands and effusive bear hugs, however, could not mask the fact that the Sofia summit resulted in little more than Kremlin posturing in advance of Gorbachev's November meeting with Ronald Reagan in Geneva. A 15-page declaration blamed the U.S. for aggravating the arms race and piously declared that...
...roughly $6 billion budget deficit, its $3 billion balance of payments deficit and its $14 billion foreign debt. Despite the resulting labor confrontation, the government refuses to give way. Since the real impact of the austerity will not begin to be felt for months, Papandreou will probably win this round. Last week he was taking no chances. Diverting attention from domestic troubles, he charged that U.S. jets from the Sixth Fleet had violated Greek airspace. SOLOMON ISLANDS They Had the Wings of an Angel...
French Premier Laurent Fabius flew to the South Pacific atoll of Mururoa last week to preside over a new round of underground nuclear tests. Accompanying him were Defense Minister Paul Quilès and a 21-member party of parliamentarians and journalists. Hours before the blast, officials announced that the French navy had seized the Vega, a ketch owned by the Greenpeace environmental organization, after the protest ship had entered French territorial waters near the test site. By week's end the four crew members were being taken to a nearby atoll and were awaiting expulsion...
...union chief met with Lee Iacocca in the Chrysler chairman's office in a session complete with desk pounding, raised voices and colorful language. When Bieber finally presented the new three-year contract to his ten-member U.A.W. bargaining committee, the group gave him a round of applause and approved the deal unanimously. U.A.W. leaders predicted that the rank and file would ratify the deal early this week and return promptly to work...