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...some commercial carriers wander from their flight paths deliberately. Shortly before the U.S. withdrew Aeroflot's landing rights at New York and Washington in 1981, after the military crackdown in Poland, the Soviet carrier was a notorious offender, frequently entering off-bounds airspace in the U.S. Two Aeroflot planes passed over New England military installations, including the U.S. Navy shipyards at Groton, Conn., where work was under way on a new nuclear submarine. Both carried passengers-and possibly spy cameras or electronic eavesdropping equipment. Lot, the Polish carrier, and the Czechoslovak line, CSA, Government also wandered into restricted zones...

Author: /time Magazine | Title: The Rules of the Game | 9/12/1983 | See Source »

...cite the FDA's approval in 1982 of Oraflex, an arthritis pain reliever, despite evidence that its side effects might be highly toxic. In the first three weeks, 64,000 U.S. prescriptions were written. But after 61 deaths in Britain had been linked to the drug, the manufacturer withdrew the product. Critics also note that the FDA's relaxation of rules allowed a defective batch of Nursoy, an infant formula, to reach the market. The cans were lacking a vitamin essential for safeguarding babies from convulsive seizures. The drug company recalled 50,000 cans...

Author: /time Magazine | Title: Three Steps Forward, Two Back | 8/29/1983 | See Source »

...Texas, anxious depositors withdrew $447 million during the first half of the year from the First National Bank of Midland (assets: $1.5 billion), whose loans to oil and gas producers turned sour. Earlier this month, the bank reported a second-quarter loss of $109.3 million. Many banks are now teetering on the brink of collapse. At the end of July, the Federal Deposit Insurance Corporation listed 540 "problem" banks, ranging from small state-chartered ones with too many weak agricultural loans to nationally chartered banks with bad business loans. Among the 540, the FDIC secretly lists dozens as likely...

Author: /time Magazine | Title: Why So Many Banks Go Belly Up | 8/29/1983 | See Source »

...failed to meet with Salvadoran rebels in Costa Rica last month. This time the successful go-between was Colombian President Belisario Betancur Cuartas. The setting was the austerely modern living room of the presidential palace in Bogotá. Betancur first greeted Stone, then introduced him to Zamora and withdrew from the room. What the two men said during the next 90 minutes is not known, but both sides subsequently hinted that another meeting, involving several other Salvadoran leftist leaders, may take place later this month...

Author: /time Magazine | Title: Central America: Things Are Moving | 8/15/1983 | See Source »

...Syria to remove some of its soldiers as well. As Reagan explained at his White House press conference last week, "It certainly will give us a better case for breaking the roadblock that has been established by Syria and persuading them to keep their original promise that when others withdrew, they would withdraw." That is the essence of the message U.S. Special Envoy Robert McFarlane is expected to carry to Syria on his first swing through the region this week, meeting with Jordan's King Hussein and Saudi Arabia's King Fahd, among others. There is no indication...

Author: /time Magazine | Title: Middle East: A House Divided | 8/8/1983 | See Source »

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