From the Publisher: Dec 11 1989

Since World War II, TIME has been a global magazine in every sense of the word. Our foreign business, which has nine editions with a total circulation of 1.4 million, is now growing faster than ever. International revenues have increased by 30% in the past two years, and represent 25% of the magazine's total. The economies in Asia are booming, Western Europe is aiming for greater integration in 1992, and Eastern Europe promises new opportunities. All this makes the need for immediate information more important, and that enhances TIME's role as the leading international newsmagazine. This in turn has required the...

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