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Jose Napoleon Duarte of El Salvador and Raúl Alfonsin of Argentina, two leaders who symbolize democracy, peace and social justice for Latin America...

Author: /time Magazine | Title: Letters: Dec. 10, 1984 | 12/10/1984 | See Source »

...troubles threatening American bankers, none is more controversial or potentially explosive than their overseas loans. Foreign borrowers, mostly governments and companies, owe U.S. banks about $350 billion. The most dangerous loans are to such economically ailing Latin American nations as Mexico, Brazil and Argentina, which collectively owe U.S. banks $59 billion and have barely managed to avoid default over the past two years...

Author: /time Magazine | Title: Jumbo Loans, Jumbo Risks | 12/3/1984 | See Source »

...that belongs to the institutions themselves and their shareholders, rather than depositors. In a more limited way, dozens of regional banks, including Milwaukee's First Wisconsin Corp., National Bank of Detroit and Bank of Boston, have strayed into the foreign-loan field. First Wisconsin, for example, has loaned Argentina $70 million, which amounts to 22% of the bank's capital...

Author: /time Magazine | Title: Jumbo Loans, Jumbo Risks | 12/3/1984 | See Source »

...Foremost among the couriers from the Spanish and Portuguese is Rabassa, 62, who has spent the past two decades bringing Latin American literature north to the U.S. The authors he has translated constitute a pantheon of Hispanic letters: Garcia Márquez (Colombia), Julio Cortázar (Argentina), Miguel Angel Asturias (Guatemala), Mario Vargas Llosa (Peru), José Lezama Lima (Cuba), Luis Rafael Sánchez (Puerto Rico), Vinicius de Moraes (Brazil...

Author: /time Magazine | Title: Books: Couriers of the Human Spirit | 11/19/1984 | See Source »

...Argentina and Chile have been feuding over the channel since 1902. When the Vatican first intervened in 1978, the two neighbors were on the brink of war following the collapse of efforts to mediate the dispute by the U.N. Security Council and the Organization of American States. Argentina will hold a referendum on the Vatican settlement Nov. 25, but the result is not binding on the Argentine Congress, which, along with its rubber-stamp Chilean counterpart, is nonetheless expected to ratify the agreement...

Author: /time Magazine | Title: Disputes: Islands in the Stream | 10/29/1984 | See Source »

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