Word: argentinas
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Dates: during 1980-1989
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...sudden, and somewhat embarrassing, reversal of roles. Only six months ago, the U.S. had earned the ire of much of Latin America by siding with Britain in the Falkland Island's war. Last week it was Britain's turn to feel outrage as Washington backed Argentina in the Latest diplomatic skirmish over the remote South Atlantic dependencies. With the entire Soviet bloc and such radical states as Viet Nam, Cuba and Libya, the U.S. voted in the United Nations General Assembly for a nonbinding resolution that urged Britain to return to the negotiating table on the Falklands issue...
...more pragmatic: to regain some of the good will that the U.S. lost in Latin America by taking Britain's side in the conflict. U.S. diplomats pointed out that they had lobbied successfully to water down the resolution before voting for it. Among other things, the U.S. persuaded Argentina to drop a reference to the Falklands as a colony. In addition, State Department officials helped to insert a phrase to imply a formal end to the South Atlantic hostilities, something Buenos Aires has never admitted...
...balance of payments, deficit last year reached $3.8 billion and is expected to go higher a reflection of the sharp drop in the price of gold, the country's main export And in the past the IMF has loaned funds to other countries with questionable human rights records, like Argentina, Nicaragua and EI Salvador...
Although a round-trip airline ticket between New York and Rio de Janeiro still costs a hefty $1,400, tourists in Brazil can get good deals on semiprecious stones such as amethysts, tourmalines, topazes and aquamarines, which cost about 30% less than in the U.S. Neighboring Argentina, formerly one of the two or three most expensive countries in the world, is merely medium-priced today. A weeklong excursion for two from Buenos Aires to Peninsula Valdes, 840 miles away, to view whales and penguins can be bought for just $340, including air fare, hotel room and two meals...
During last spring's Falkland Islands war, the Security Council condemned Argentina's invasion of Britain's remote South Atlantic dependencies, but Secretary-General Pérez de Cuellar failed in his efforts to avert bloodshed. Nor did the General Assembly dare to condemn the Soviet Union by name when it called for an end to Moscow's 1979 invasion of Afghanistan...