Word: bolivians
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While the Andean country's borrowings are dwarfed by those of such neighbors as Brazil ($96 billion) and Argentina ($43.6 billion), the Bolivian action nonetheless shook moneymen. Phone calls from anxious foreigners flooded embassies, newspapers and government agencies in the capital city of La Paz. On Wall Street, prices slid further on a bond market still edgy over last month's near collapse of Chicago's Continental Illinois...
...Germany after World War II and for four years hid him from the French, who were eager to prosecute him. In 1951 his Army protectors helped Barbie escape to Bolivia, where he prospered and traveled as a free man until last February, when a new Bolivian regime turned him over to France. Ryan's report concluded that the Army was guilty of an "obstruction of justice and an unlawful act." Said Ryan: "Justice delayed is justice denied. We have delayed justice in Lyon for 33 years...
Maybe not. But curiously, there is a new, burgeoning demand at the source of cocaine: Colombian, Peruvian and Bolivian youths are rushing to become cokeheads. South American governments have been generally unsympathetic to U.S. jeremiads about the northward flow of South American drugs. But now they are seeing stylish cocaine abuse firsthand. And because the drug is so cheap in the Andes ($14 a street gram), it is more often smoked liberally in cigarettes than snorted...
...begins 2,500 miles southwest of Florida, on the eastern slopes of the Andes Mountains. The cash-crop cultivation of coca is divided primarily between Bolivia (86,000 acres) and Peru (123,000 acres). The DEA, which has five agents in each country, estimates that 23,000 Bolivian peasant families depend on coca for their livelihoods, and that the crop generates nearly $1 billion a year for Peru, where the entire national budget is just over $5 billion. But the business is controlled by Colombians. All but a small fraction of cocaine headed for the U.S. comes first to Colombia...
France had previously demanded the return of Barbie, but Bolivian military leaders with close ties to the ex-Nazi businessman had refused. When leftist civilians took office in Bolivia last October, President François Mitterrand's government decided to try again. This time the Bolivians agreed to cooperate. In an apparent effort to pave the way for Barbie's expulsion, Bolivian police picked him up on Jan. 25 and charged him with fraud in connection with a $10,000 loan from the state. Barbie immediately repaid the debt, plus interest, but it did him little good. Instead...