Word: bolivia
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Dates: during 1980-1989
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...object of hectic legal maneuvering in London. As the result of a legal action by the Bolivian government, a British judge upheld an injunction on Sotheby's auction house, preventing the sale of the original diaries of the Argentine-born guerrilla leader. The court order will allow Bolivia to continue its efforts to recover the documents that, its government says, were stolen from army archives in the capital...
...Bolivia has undergone nearly 80 changes of government during its 159 years of independence, not even counting the 100 or more regimes that managed to cling to power for only a few hours. So citizens were not exactly surprised when they heard that, at 5 a.m. last Saturday, some 60 police and army recruits had pulled up to the presidential residence in La Paz, ordered a sleeping President Hernan Siles Zuazo from his bed and bundled him off to an undisclosed location in the 12,000 ft. high Andean city...
...series of economic mistakes, coupled with severe drought and flood, have brought the country to the brink of ruin. The inflation rate reached 328% in 1983, and could hit 2,000% this year. Although the treasury is bare and foreign banks have been calling for a solution to Bolivia's $3.4 billion foreign debt, the country has yet to take the hard measures that would permit it to receive help from the International Monetary Fund...
Last week Bolivia announced it would not send a team to the 1984 Olympics. Again officials pleaded poverty. This time, however, many suspected that the government, which now counts two Communists in the Cabinet, was bent on following the Soviet lead in boycotting the Los Angeles Games...
...suspending payments on part of its $6.7 billion debt. Though Ecuador's loans are small in relation to the $350 billion owed by Latin America as a whole, the announcement was disturbing because the country seemed to be playing a me-too game. Less than a week earlier, Bolivia had said it would suspend interest payments on some of its $3.4 billion debt. Some bankers feared that this defiance could keep spreading to other countries...