Word: argentina
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...same time, Alfonsin's victory brings to an end the military regime that ruled the country for almost eight turbulent years. Argentina is burdened with nearly 1,000% inflation, an unemployment rate of 15% and a $40 billion foreign debt, the world's third largest (after Brazil's $94 billion and Mexico's $91 billion). Moreover, the new President must bolster a nation demoralized by its ignominious defeat in the Falklands war last year and traumatized by the "dirty war" against leftists in which more than 6,000 people disappeared in the 1970s. So pressing...
Patterson: What do we do with Haiti, which has been ruled by a gang of thugs which murders its people regularly? What do you do in Chile, where people are being murdered? What do you do in Argentina? Do you invade on every occasion? So why invade on this...
Concerns about the delivery of the jets stem from an all-too-plausible scenario. Iraq already possesses up to 40 French Exocet air-to-surface missiles, the weapon that won headlines last year when Argentina used it successfully to sink two British ships in the Falklands war. Once the Super Etendards, which can fly up to 733 m.p.h. at low altitudes and have a radius of 530 miles without refueling, are armed with the Exocets, the Iraqis will be better able to threaten Iran's oil exports. Though the missiles cannot knock out the installations at Kharg island, which...
That did nothing to restore the flow of interest payments from Argentina to banks in the U.S., Europe and Japan. Lamely, the military leaders could only announce that Argentina believed its international commitments "should be respected and fulfilled." They promised that the elections would take place on schedule, but even that reassurance was undermined by vague accusations that unnamed conspirators plotting to plunge the nation "into insecurity and anxiety" were threatening the vote. Aware of the virulent nationalism permeating Argentina, both the Peronist and Radical parties also agreed that the debts should be paid, but called for a full investigation...
Marcos spent much of last week soliciting support from reluctant Philippine businessmen, at one point reportedly threatening, "If things get messy around here and there is hyperinflation, you might see happening here what happened in Mexico and Argentina-nationalization of the banks." He did agree to add independent members to the six-man, pro-government commission investigating Aquino's murder. But from his opponents the message remained the same, that Marcos should resign...