Word: argentinas
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Dates: during 1970-1979
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Most members of Argentina's besieged business community have known one or more of the 170 people-many of them foreign executives-who were kidnaped last year. All gratefully noted that only one foreigner had been killed; the rest were released after ransom had been paid. Now the situation has changed. The dwindling community of foreign businessmen in Argentina is frightened by a change in terrorist tactics that could not only lead to a number of deaths but also further damage Argentina's wobbly economy...
Their fear was caused by an announcement by the Marxist-Leninist People's Revolution Army, or E.R.P., which kidnaped an Esso Argentina executive, Victor Samuelson, 36, a month ago. The terrorists have said that he will be "tried" to determine the "crimes" of multinational corporations. The implication was that if found guilty, Samuelson would be executed. The guerrillas added that Exxon, Esso's U.S. parent company, owed $10 million in "back taxes," payable to E.R.P. Last week Esso was still negotiating with the guerrillas on payment of the ransom, believed to be the largest ever demanded in Argentina...
...ranging from the extreme left to the far right. This was seen by political observers as a trend toward a two-party system that, if it continues, could give the country a more stable political system. Of the eleven countries in South America, Venezuela along with Colombia, and possibly Argentina, are the only working democracies. The big loser in the election was former Dictator Perez Jimenez, who had called on his followers to boycott the balloting. The only candidate supporting Perez Jimenez received a minuscule .68% of the vote, a showing so poor that many now believe that Jimenez...
...Costa Rica, where Vesco has business interests and political friends, the Corte Suprema de Justicia last July turned down an extradition bid by the U.S. Then, when Vesco asked for an advisory opinion, a federal criminal court in Buenos Aires ruled that Argentina would not extradite either, should he decide to move there. Finally, in the Bahamas, where Vesco gives campaign contributions to the ruling party and now has extensive financial operations, another magistrate has turned the U.S. down. Last week U.S. Attorney Paul
Born in France, Ricord was a pimp, dope peddler and Gestapo collaborator before he emigrated to Argentina and became naturalized. Then he moved to neighboring Paraguay and entered a syndicate that piped more than five tons of heroin into the U.S. Although he had never set foot in the U.S., he was convicted last year in the U.S. District Court in Manhattan. For a year and a half he had fought the U.S. extradition demand. But impoverished Paraguay, threatened with the loss of U.S. aid (currently $9,000,000), finally gave him up. The State Department insists there was nothing...