Word: argentina
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...Marines, what is the best way for the U.S. to deal with the Sandinistas? It is an awkward fact that the U.S. can find no official support anywhere in Central or South America for sponsoring the contras. Indeed, eight Latin American countries--Mexico, Panama, Colombia, Venezuela, Brazil, Argentina, Uruguay and Peru--joined last month to urge the U.S. not to aid the contras, but rather to press for a regional peace treaty...
Moreno said he was speaking for Argentina, Brazil, Colombia, Mexico, Panama, Peru, Uruguay and Venezuela...
Questions remained about less fortunate enemies of the Marcos regime. In a television interview, Human Rights Lawyer Joker Arroyo, 58, now the President's executive secretary, compared the Philippines to Argentina and its grisly legacy of "disappeared ones," the estimated 9,000 victims of military governments in Buenos Aires who mysteriously vanished between 1976 and 1982. ! "When the history of the Philippines is known," Arroyo said, "perhaps we will beat the record of Argentina in magnitude and torture...
...Volcker, Secretary of State George Shultz and Treasury Secretary James Baker. Meanwhile, Peru suddenly withdrew its gold, silver and cash reserves from U.S. banks to prevent any effort by Washington to freeze them. When foreign ministers and finance chiefs from five major debtors--Brazil ($104 billion), Mexico ($97 billion), Argentina ($49 billion), Venezuela ($32 billion) and Peru ($14 billion)--gathered late in the week near the Uruguayan seaside resort of Punta del Este for an emergency meeting, they drafted an urgent plea for more lenient terms from Western banks...
...Argentina has made dramatic progress in quenching a raging inflation rate that exceeded 1000% in mid-1985. The government, which imposed wage and price controls last year, expects inflation to be just 28% for all of 1986. But like that of the other debtors, Argentina's improvement is tenuous. One potential threat is the fall in the price of corn, wheat and other grains, which provide about 45% of Argentina's export earnings...