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Banks closed for three days to prepare for the changes, and when they reopened last Wednesday, many people expected chaos. But while the lines at several banks stretched over blocks, the scenes were orderly. Said one teller at Banco de la Nacion, the country's largest financial institution: "Customers were much calmer than we expected." Concluded President Alfonsin: "We are getting a magnificent response from the people...

Author: /time Magazine | Title: Argentina Again Tries Reforms | 7/1/1985 | See Source »

...coup. But there is reason to doubt the Administration's claims of innocence Last January, reports appeared in The New York Times, based on accounts by anonymous U.S. army officers, that preparations were underway to topple Garcia. At the same time, the publisher of the Guatemalan newspaper La Nacion--who also happened to be Guevara's campaign manager--charged that a coup would take place after the elections. He added that a "foreign power" would direct the operation. The journalist, whose story was given little attention, was assassinated a few days later...

Author: By Antony J. Blinken, | Title: Behind the Guatemalan Coup | 5/19/1982 | See Source »

...country. Despite Vesco's denials, rumors persist that through various fronts he has bought a gas station network from Gulf Oil Corp., a big piece of San Jose's Royal Dutch Hotel, the El Molina coffee plantation, and a share of the anti-Figueres newspaper, La Nacion. There even are wild rumors that he has linked up with the ultimate business recluse, Howard Hughes. Until the Costa Rican Congress turned thumbs down, Vesco's attempt to set up an international free zone in the country drew an angry public outcry. The plan called for a financial district...

Author: /time Magazine | Title: Business: Vesco in Costa Rica | 5/21/1973 | See Source »

...Bishops (CELAM) in Medellin, Colombia, "The form of the social revolution varies greatly. There is not just one method.... Everything depends on the objective conditions and the desires of the people. There are peaceful methods and there are violent methods." (P. Comblin, "La Iglessia y el Tercer Mundo," La Nacion, Aug. 9. 1970, p. 8. From this summary, the document appears to be a Marxist analysis, even examining the problem of state power, and advocating something which sounds a good deal like the dictatorship of the proletariat, though that is not the term used. The statement was presented by some...

Author: By James PAXTON Stodder, | Title: Revolutionary Theology-Terrible Choices | 1/21/1970 | See Source »

...learned how to add and subtract and multiply." That apparently was enough. Today, at 65, Tjurs has gathered together Brazil's biggest hotel chain; among his six hotels are Rio's 220-room Excelsior Copacabana, Sao Paulo's 17-story Jaragua and the 420-room Nacionál in Brasilia. All of this grew from the time when, at age 40, he took the last $1,000 that he had salvaged from a bankrupt São Paulo saloon, invested it in a small hotel and with an intuitive taste for food and service, proved himself...

Author: /time Magazine | Title: Brazil: Arithmetic in Brasilia | 5/27/1966 | See Source »

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