Word: argentina
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...crowd began to gather silently last Monday afternoon on the streets adjoining the Boerio Supermarket in Rosario, Argentina's third-largest city. The tin-roofed grocery store had served its middle-class neighborhood for years, so manager Luis Nicastro recognized many of the well-dressed people outside the store as his regular customers. Some of the others were toothless, hungry folk in tattered clothes, who came from nearby shantytowns. By 2 p.m., a mob of more than 500 filled the parking lot. "I thought of closing the doors," Nicastro says. "But what good would it do? With all this glass...
After years of tottering on the brink of economic crisis, Argentina started sliding into chaos last week. In food riots that erupted in Rosario, Cordoba, Buenos Aires and other major cities, more than 2,000 people were arrested and at least 15 killed. The primary trigger: hyperinflationary price increases that have left even middle-class citizens unable to afford food and other necessities. Inflation for the month of May reached 75%, and is accelerating at a pace that would amount to more than 80,000% for the year. Said David Feldman, news director of Radio Rosario: "It's not just...
...Argentina is about to witness the first transition of power from one popularly elected President to another since 1922, though, by electing a Peronist, the Argentines have proved once again that democracy is a people's license to act stupidly...
...triumphs early in their tenures. But contrast Reagan's famous victory in Grenada with Thatcher's in the Falklands. Grenada was conquered before most Americans even knew Grenada existed. But it was more than a month from the time the British task force sailed to retake the Falklands from Argentina to the time the war was won. Whatever the rights and wrongs of either war, announcing the prospect of a battle is leadership; announcing a victory is not. Whether America will actually defend its freedom with blood and money when called upon is -- for all the martial rhetoric and credit...
Three months after Moscow's troop withdrawal, President Najibullah hangs tough in Kabul. -- Will Prince Sihanouk return home to Phnom Penh as the leader of Cambodia? -- Arafat "voids" the P.L.O. charter and scores a diplomatic success in Paris. -- Facing financial disaster, Argentina's voters consider putting a Peronist back in power...