Word: argentina
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...dour, dedicated man in Argentina's presidential Casa Rosada deliberately projected, soon after taking office last year, a period of intense personal unpopularity bound to stem from painful economic reforms. Last week Arturo Frondizi was bumping bottom-and still coolly determined to get on with his task...
...Italian trade with Venezuela rose 34%, with Egypt 81%, with Indonesia 142%. Any customers the Italians overlooked were fair game for the busy West Germans. Not long ago U.S. manufacturers worried about German bicycles and other consumer goods. Today the Germans are supplying major elements of a refinery in Argentina, providing the pipes for a Venezuelan irrigation project, and installing a pipeline in Chile...
...hostile Patagonia hides riches that can make the difference between boom and bust for Argentina's dollar-short wheat-beef economy. With a new "Operation Patagonia" and with massive infusions of foreign capital, President Arturo Frondizi has high hopes of unlocking the treasure house. He has already kicked off Operation Patagonia with a series of projects. One is a $149 million El Chocón hydroelectric project on the Limay River by a 27-firm British-French-Italian combine to provide 650,000 kw. of power, irrigate 250,000 acres of parched croplands. Another is a plan to exploit...
Coal deposits at El Turbio are estimated at 400 million tons, enough to supply Argentina for two centuries. Frondizi's government coal monopoly has signed a $42 million contract with a French company to triple last year's 250,000-ton output. And prospectors from Argentina's Atomic Energy Commission have found rich uranium deposits...
...that struck him as "a personal statement" until he was 32. In the eleven years of his life that remained, Salemme sold pictures to Manhattan's Metropolitan, Whitney and Modern museums. He was also commissioned to paint murals for posh Manhattan House and the old Moore-McCormack liner Argentina. Yet he was more respected than sought after; Salemme and his family stayed poor...