Word: chiles
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Since World War II, Chile has obtained 65 per cent of its capital imports from the United States. An immediate problem posed by the credit blockade was Chile's inability to import parts and replacements for U.S.-built machinery. Small industries and transportation were the most heavily affected but the larger industries also began to feel the scarcity...
...protection of its business interests is always two-sided. As other economic aid was cut, the United States continued a high level of military aid to Chile, which was second only to its aid to Brazil between 1950 and 1970. Four thousand Chilean officers were trained in the Panama Canal Zone. General Pinochet, the head of the junta, had been Chile's military attache to the United States, and each of the other junta generals had spent some time in this country. Last spring, Nixon signed a statement waiving restrictions on selling sophisticated F-5E Freedom Fighter Jets to Chile...
...MILITARY coup in Brazil, though not emerging from as pronounced a class struggle as Chile's had indications of similar types of U.S. involvement. AID and international funding organizations cut off all loans to the central government but maintained military aid. The U.S. government admitted prior knowledge and gave the military government recognition several days after the coup. The chairman of the House Foreign Affairs Committee said...
...Brazil and Chile demonstrate, U.S. business mechanisms for the control and exploitation of Latin America are becoming more efficient. It's no wonder that other Latin American countries reacted negatively to President Nixon's welcome to Brazil's President Medici in 1971: "As Brazil goes, so will go the rest of that Latin American continent." The future of Brazil's present government depends on its relationship with the United States. For the people of Brazil--as in Chile and throughout Latin America--U.S. involvement has only prevented social and economic equality
...repression, economic development aided by the United States, and urbanization. Uruguay, the site of State of Siege, was a nation with a long history of democracy: the military moved into power there last June. Peru and Bolivia have also been ruled by the new type of general, and Chile in the wake of September's bloody repression of President Allende's government, has fallen under the sway of the gorillas. Venezuela is still technically a democracy, but there have been military rumblings there also...