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At his Feb. 2 inauguration, President Carlos Andres Perez warned Venezuelans that hard times were ahead for their heavily indebted, oil-exporting country. Even he had no idea how hard -- or how soon. Last week the citizens of one of Latin America's most stable democracies were in shock after...

Author: /time Magazine | Title: Venezuela Crackdown in Caracas | 3/13/1989 | See Source »

The 50 percent increase in bus fares that sparked the protests is part of a reform package announced last week by the month-old government of President Carlos Andres Perez that aims to bring the oil-based economy out of recession.

Author: NO WRITER ATTRIBUTED | Title: Fare Increase in Venezuela Sparks Riots | 3/1/1989 | See Source »

The scene was rich with possibility. In the front row of the Caracas theater where Venezuela's newly elected President Carlos Andres Perez would be inaugurated sat U.S. Vice President Dan Quayle, neophyte diplomat, basher of Communism and self-described "cheerleader" for democracy. A mere six seats to Quayle's...

Author: /time Magazine | Title: Dan Quayle's Diplomatic Debut | 2/13/1989 | See Source »

Shortly before dawn, the rebellion achieved its goal: the ouster of General Alfredo Stroessner, 76. As Stroessner was held unharmed under house arrest at an army residence, his longtime second-in-command and chief of the First Corps, General Andres Rodriguez, made a radio address. "I communicate to you that...

Author: /time Magazine | Title: Paraguay The Extinction of a Dinosaur | 2/13/1989 | See Source »

The re-emergence of leftist insurrection shocked Argentines and revived fears that haunt the nation. As military analyst Andres Fontana put it, "People don't want a return to terrorism, and they don't want to give any space back to the military." A visibly shaken President Raul Alfonsin sought...

Author: /time Magazine | Title: Argentina The Battle of La Tablada | 2/6/1989 | See Source »

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