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Coming in low from the south across the sluggish Chari River, four Mirage fighters peeled off and soared upward to gain height for their final approach to the airport at N'Djamena, the Chadian capital. A few minutes later four Jaguar fighter-bombers repeated the maneuver. By the end of the day the little airport, which normally handles only a dozen civilian airliners a week, had begun to look like a military airbase. Parked next to the jets on the runway apron were half a dozen Transall military freighters and a C-135F aerial refueling plane, together with five...

Author: /time Magazine | Title: Chad: Desert Standoff | 9/5/1983 | See Source »

Climbers have seen the pattern again and again: three years of stupefying ascents, of moving confidently upward along cracks so subtle and fine that normal fingers cannot even feel them, and then the prodigy loses his magic, backs off, gets serious about a love affair, goes to graduate school, finds a reason to avoid those nearly supernatural 5.13 pitches (rock climbs are graded in difficulty from 5.1 upward, and until the present generation came along, 5.10 was considered the unreachable ultimate...

Author: /time Magazine | Title: Risking It All | 8/29/1983 | See Source »

...wealth created by the upward push in the price of stocks dwarfed the figures from any bull market since records started being kept. In all, according to the authoritative Wilshire index, some 5,000 stocks had produced $660 billion in paper profits by last week, down somewhat from the $700 billion or so in June when stocks were at their highest. If the total seems breathtaking, it must be measured against the fact that a decade and more of inflation had so seriously eroded stock values that for many investors, the bull market's gains enabled them...

Author: /time Magazine | Title: Happy Birthday, Bull Market | 8/22/1983 | See Source »

...humility that the subjects be rendered skinnier, thinned down a bit. . . The usefulness of going hungry is that a hungry man thinks only of bread . . . One should always beware of those who have a bit, because they are the worst, they are the greediest, it is they who push upward...

Author: /time Magazine | Title: Books: King of Kings | 7/18/1983 | See Source »

...intricate maneuvering, there seemed to be no realistic alternative to another five-party center-left coalition that may turn out to be as fragile as its predecessors and lack the cohesion to impose the economic rigor the country needs. Inflation is at 16% while unemployment, at 10%, continues an upward march. More urgent is the necessity to slash runaway public spending to reduce a threatening $60 billion 1983 budget deficit. The prospect of a series of weak coalition governments is already stirring speculation about the need for new elections in a year or two, when the Communists might do even...

Author: /time Magazine | Title: Italy: Once Again at the Brink | 7/11/1983 | See Source »

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