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...largest, residents are loudly demonstrating against expansion plans by the mine's U.S. co-owner, Denver-based Newmont Mining Corp. (2002 revenues: $2.75 billion). Yanacocha mined 2.3 million oz. of gold last year and earned $700 million, but 75% of the town's population lives in poverty. Cajamarca resident Silvio Suarez likes to show tourists the "ransom room," a stone building that the last Inca Emperor, Atahualpa, filled with gold for the Spaniards in 1532. Then they killed him. Foreign-owned mines, says Suarez, "are taking our gold the way the Spaniards took the Inca gold to their king...

Author: /time Magazine | Title: Mining: Not Golden | 10/27/2003 | See Source »

...center-left opposition figures - communists, reformers, party chairmen, union bosses - hoisted a man named Gianfranco Fini on their shoulders and shouted: finalmente un leader! Finally - but Fini is no center-left leader. He's head of the right-wing, "post-fascist" National Alliance Party, and Deputy Prime Minister in Silvio Berlusconi's governing coalition. The opposition can't stand Berlusconi, but they were feting his right-hand man because Fini had suggested that immigrants "who live, work and pay taxes in Italy" should be permitted to vote in local elections, a plan dear to the liberals' hearts. When a ruling...

Author: /time Magazine | Title: Opposition Blues | 10/19/2003 | See Source »

...year on how to handle gay issues appears unlikely to prevent a rift. - By Helen Gibson Oil on Troubled Waters BELGIUM The E.U. sought to calm U.S. fears that a planned European military force would undermine NATO. At the end of a two-day summit, Italian PM Silvio Berlusconi...

Author: /time Magazine | Title: World Watch | 10/19/2003 | See Source »

...tried with 22 other al-Qaeda suspects in Belgium's biggest ever terrorism trial. Seventeen of the other defendants were convicted on a range of lesser charges; five were acquitted. Setback for Silvio ITALY In a surprise sign of unrest within Prime Minister Silvio Berlusconi's ruling coalition, the lower house of parliament passed two opposition amendments to a bill to overhaul the media industry. The bill, which critics say will benefit Berlusconi's business empire, must now return to the upper house, delaying its final approval. Berlusconi had characterized the secret ballot as a vote of confidence...

Author: /time Magazine | Title: World Watch | 10/5/2003 | See Source »

...Another reason to invest in Italy is that we have beautiful secretaries." SILVIO BERLUSCONI, Italian Prime Minister, on why American businessmen should invest in his country...

Author: /time Magazine | Title: Verbatim | 9/29/2003 | See Source »

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