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...billion in 1998. The tab is pushing manufacturers to close up shop or move out of the country. Chicago-based Brach's announced last year that it would close its large manufacturing plant in the city and shed more than 1,000 jobs; it will outsource candymaking to Argentina's Grupo Arcor. Kraft Foods, meanwhile, intends to close its Holland, Mich., manufacturing facility for Life Savers next year, and plans to make the iconic candy in Quebec, where sugar sells at market rates. You might think the loss of jobs would prompt Congress to reconsider its protectionist policies...

Author: /time Magazine | Title: Protectionism: Sweet Subsidy | 2/25/2002 | See Source »

...existence of an organized South American escape network codenamed Odessa has been suspected for decades. Goñi, after five years' quarrying in almost-forgotten archives in Argentina, the U.S. and a number of European countries, has discovered exactly how and why the rat-run was set up. Goñi reveals with forensic precision how the Vatican and the Catholic Church hierarchy in Argentina colluded to protect thousands of Croatian fascists wanted for acts of genocide. He also details how Swiss officials cooperated with a secret office set up in Bern by Perón's agents to smuggle...

Author: /time Magazine | Title: Behind the Wall of Silence | 2/25/2002 | See Source »

...ARGENTINA Baby Steps As the Central Bank prepared for this week's planned flotation of the peso, Economy Minister Jorge Remes Lenicov presented a recovery-minded draft budget to Congress. The plan includes severe spending cuts agreed to by President Eduardo Duhalde and Argentina's provincial governors, and Remes Lenicov said the program was "tough." But critics warned that it relies on gdp and export-growth forecasts that may be too optimistic. Duhalde expressed hope that the economy would recover before the next presidential vote, now set for September...

Author: /time Magazine | Title: World Watch | 2/11/2002 | See Source »

...exporter of world-class talent, France now outshines Brazil and Argentina, which have traditionally dominated the trade. Football's French Foreign Legion has more than 100 professional players, over 40 of them in the English Premier League alone. And lest you think the high volume is a result of low value, consider this: 11 of the 50 candidates shortlisted for last year's European Player of the Year honors were French, as were five of the 11 footballers on uefa's 2001 European all-star team. Once the perennial underachiever of world football, France has capitalized on the bountiful flowering...

Author: /time Magazine | Title: French Foreign Legion | 1/28/2002 | See Source »

...success of France's youth teams. The under-18 squad won the world title last year, and in 2000 the national team of 18-year-olds were European champs. France's national team was also quarter-finalists in the under-20 World Championships last year, losing to eventual champion Argentina. Many of the junior players are already on the wish-lists of top European clubs. Didier Deschamps, who captained the all-conquering senior squad until his retirement last year, says, "What should be scaring other nations is that our development system is producing younger generations just as good" as Zidane...

Author: /time Magazine | Title: French Foreign Legion | 1/28/2002 | See Source »

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