Word: barco
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...nation known for its fiery orators, Virgilio Barco Vargas is a notable exception. While campaigning for President, Barco plodded through speeches with all the verve of an engineer explaining a blueprint. Supporters of the 64-year-old liberal were reduced to saying, "Virgilio may be a bad candidate, but he'll make a great President." Colombians evidently agreed. When the May 25 ballots were tallied last week, Barco was elected by the largest landslide in the country's history. The M.I.T.-trained engineer, who monitored the results on his computer terminal, won 58% of the vote, vs. 36% for Conservative...
...Barco, a 40-year public servant whose posts have ranged from mayor of Bogota to Ambassador to Washington, must now confront the Betancur legacy. High on the new President's agenda: the continuing terrorist attacks, growing pressure from the U.S. to clamp down on illicit drug traffic, and a 13.4% unemployment rate. Barco will have to move quickly to contain the proliferating drug business. He has already pledged support for programs to eradicate the coca plant, which provides the raw material for cocaine, and he has indicated to Washington that he will cooperate with efforts to extradite Colombians accused...
Indeed, good overall relations with Washington seem ensured by Barco's U.S. ties, which include a Pennsylvania-born wife and the fact that three of his four children attended college in Massachusetts. "The reason Barco has trouble speaking in public," one campaign quip went, "is that he thinks in English." For now, Barco is thinking cautiously. "I received a great backing in the elections," he says, "but at the same time, a great responsibility." The ca awkward orator knows full well that the time has come for action...
...help companies set up shop in the Third World, OPIC shares the costs of feasibility studies, makes and guarantees loans and sponsors foreign tours. Barco International Inc., an Ohio-based agribusiness firm, discovered the largest pig herds in Southeast Asia on a trip to Thailand in July and plans to build a slaughterhouse there. After the same trip, Hawaiian Holiday Macadamia Nut Co. decided to invest $9 million there to grow cashews and macadamia nuts and to produce chocolate candy...
Aldrin was among 35 alumni appointed this year to M.I.T. visiting committees. U.S. Secretary of Labor George P. Shultz, and World Bank Executive Director Virgilio Barco-Vargas, will also serve on committees...