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...foreign policy toward Allende's Chile included withdrawal of all foreign aid except to the military, wholesale cuts in World Bank, Export-Import Bank, and private sector bank loans and credits to Chile, payment of millions of CIA dollars to finance anti-Allende demonstrations and mouthpieces such as El Mercurio, and direct CIA encouragement for the coup. U.S. multinational corporations such as ITT also funded anti-Allende subversion, although ITT executives have avoided jail because the U.S. government says too many "national security secrets" would come out in a trial...

Author: NO WRITER ATTRIBUTED | Title: Allende Vive | 9/11/1978 | See Source »

...election "was like a report card with a flunking grade for the Curia." Seeking to salve bruised Curial egos, the Pope observed in a midweek speech to the Cardinals about the Curia and the Vatican: "It is not difficult to recognize our inexperience in so delicate a sector of church life. We promise to treasure the suggestions that will come to us from our worthy co-workers." One of his first acts was to reappoint the heads of all major Vatican offices, a standard practice. His own choices will be made later, gradually...

Author: /time Magazine | Title: Religion: How Pope John Paul I Won | 9/11/1978 | See Source »

...retreated rather than get involved in pitched battles. Boasting about their "victories over the Syrian occupation," the Phalangists last month attacked the resort village of Ehden, killing Franjieh's son Tony, his wife and daughter and 30 other people in a bold attempt to seize control of a sector of Lebanon near the seaport of Tripoli that had traditionally been dominated by the former President...

Author: /time Magazine | Title: LEBANON: Agony for a Troubled Land | 7/17/1978 | See Source »

...economic vigor, the figures issued last week by the Labor Department made sober reading. According to the study, 25 of 66 major industrial groups showed outright declines in the hourly output of their workers in 1977. As a whole, the rate of rise in productivity in the manufacturing sector slowed markedly last year to only 2.2%, vs. 6.8% in 1976. The biggest drops were in clay-working (down 7.4%), grain-milling (7.1%) and footwear (4.3%) industries. Productivity in the coal industry fell...

Author: /time Magazine | Title: Business: Vanishing Vigor | 6/26/1978 | See Source »

...Economist Otto Eckstein sees a different and more beneficial effect?"a rapid growth in the private sector and a decline in the public sector." He adds: "The results are good in terms of changing things around. The voters in California have slowed down the growth of government. This will force the public sector to become more efficient, which is hard...

Author: /time Magazine | Title: Sound and Fury over Taxes | 6/19/1978 | See Source »

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