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...slaughter. Libyan Leader Muammar Gaddafi taunted the U.S. and Israel, declaring that a retaliatory strike against his country, which openly supports and encourages Nidal and his accomplices, would set off a "tit for tat" cycle of violence. Libyans, warned Gaddafi, would harass Americans "in their own streets" and spread bloodshed throughout the Mediterranean region...

Author: /time Magazine | Title: Middle East: An Eye for an Eye | 6/21/2005 | See Source »

...value of U.S. common stocks in 1985 climbed by a record $462 billion. While that was enough to spread some profits around to a lot of investors, the biggest winners were shares that started the year very cheap. Most energy stocks did not do very well last year because of the world petroleum glut, but Texas International, an oil and gas concern, rose the furthest among the 2,312 issues listed on the New York Stock Exchange. It jumped by more than 400%, from 1 1/8 to 5¾. Reason: a deal to develop oil wells in Egypt...

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

...still capable of major destruction, as they proved last week when the E.R.P. launched a midnight strike on Juayúa, a government-controlled town in western Sonsonate province. While no one was killed, an entire block was left in ruins when fire from a bank hit by antitank rockets spread to surrounding buildings...

Author: /time Magazine | Title: El Salvador: Inside Guerrilla Territory | 6/21/2005 | See Source »

...proposal to bomb Libya is idiotic. Our use of terrorism to fight terrorism will only spread the violence and give justification for escalating acts of cruelty against U.S. citizens. Murat Zagoloff Spring Valley...

Author: /time Magazine | Title: Letters: Jan. 27, 1986 | 6/21/2005 | See Source »

...rousing, nationalistic exhortation that audiences across Peru have come to expect. "A government of the people," he declared, "is a government where the people produce their own history." In countless speeches in the countryside, in the slums of Lima and from the balcony of Government Palace, García has spread the same message: the 19 million people of his hardscrabble country can shape their own destiny, even in the face of desperate poverty...

Author: /time Magazine | Title: South America: Flair, Firmness And Ideas | 6/21/2005 | See Source »

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