Word: marulanda
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...every success, there are many failures and unfulfilled needs. Alberto Marulanda, owner of the biggest ranch in Colombia, needed a million pesos to put cattle on his 70,000 acres, but could not raise the money since U.S. investors argued that cattle are the first victims of civil disturbances. Chile, whose forests and minerals beckon paper and chemical industries, has liberal tax-exemption provisions for foreign capital. But they are meaningless, since employers must add 25% to their government-cushioned wage bills in the form of social-security payments. Brazil is so queasy about foreign exploitation that citizens married...