Word: betancourts
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Dates: during 1960-1969
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...Republic. Two months ago Trujillo reportedly sent a pair of trusted henchmen to a secret meeting in eastern Cuba with Castro emissaries. The result: a tentative non-aggression agreement between the two dictators and, further, possible future cooperation against common enemies, such as Venezuela's moderate President Romulo Betancourt...
Venezuela. President Rómulo Betancourt has been harassed by so many Castro-supported riots that last week he cut the most heavily Castro- and Communist-dominated faction out of his Cabinet...
...against "Yankee imperialism." In Washington last year, President López Mateos called the Cuban revolution nationalist nonCommunist. Eight months later, when Cuba's touring puppet President turned up in Mexico after having been rebuffed en route by Argentina's President Frondizi and Venezuela's Betancourt, López Mateos went down to the airport, gave him a warm abrazo and a warm word: "We are linked to Cuba by similar aspirations for justice." At the Organization of American States' San José meeting last August, Mexico's Foreign Minister was a leader in cutting...
...share goes largely into a bureaucracy that keeps the capital, Caracas, satisfied. But private wealth is in flight, draining reserves from $1 billion in 1958 to $600 million now. Castro-imitating hotheads have scared off investors by demanding more government controls. Partly as a concession to the leftists, Betancourt has canceled new oil concessions and slashed rents 25%, shaking confidence still more. Chronic crisis-Betancourt's hands are only freshly healed from Dominican Dictator Rafael Trujillo's attempt last June to dynamite him to bits -further contributed to economic trouble...
Business is slow, unemployment is up from 8% to 11%. Betancourt's dilemma is summed up by AD President Raul Leoni: "A government of authority-or a coalition undermined by weakness...