Word: buenaventura
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...impose?quit in droves. Unitrust was forced to close its doors this January. With the bank in receivership, thousands of remaining depositors are unable to access their funds. "I'm about to lose hope," says one, whose account held all his earnings from years of labor abroad. Rafael Buenaventura, governor of the Philippines central bank, concedes, "This is a clear case of our weak regulatory environment...
Life is a struggle for Milagros San Buenaventura. To feed her eleven children, she sells kalamansi, a bittersweet native lime, at market stalls in the city of Naga, 140 miles southeast of Manila. At night she prays hard, begging for protection against disasters that may strike at her, at her city, at her country. But the troubles keep coming closer. Two months ago rebels of the Communist New People's Army blew up four strategic bridges, severing rail lines between Naga and Manila. Soon after, the army escalated its war with the N.P.A., further disrupting the local economy. Then...
...entire Exxon fleet is at any moment, and toward what ports the ships are headed. Sometimes the telex traffic originated by the so-called LOGICS system takes on real drama. Recently, when LOGICS operators learned that an Exxon tanker was due to call at the Colombian port of Buenaventura, where marauders in small boats are common at night, a message was quickly dispatched to the ship's master: "Beware bandits and double watch. Raise accommodation ladder and lay out high-pressure hoses...
...Restrepo" is 22, about average age for that specialist known as a cocaine diver. He is darker skinned than most Colombians and a good swimmer, both characteristics common to people from the Buenaventura coastal area where he was born. His role is to retrieve a 4-lb. waterproof bag of cocaine dumped overboard from a Grancolombiana line freighter docked at the Atlantic Avenue wharf in Brooklyn. He works at night, wearing a black wetsuit, and he is very cautious. A similar diver, Carlos Riascos, had his throat slit and body dumped in the river as he clambered ashore with...
...Buenaventura Valley, Colombia, William F. Woudenberg, 32, a draftsman from Paterson, N.J., developed a loom to make forms for concrete out of plentiful bamboo instead of hard-to-find wood or expensive steel. In the East Pakistan village of Comilla, another inventive corpsman Robert Taylor, 24, from Oakdale, Calif., solved the problem of parboiling rice without using scarce wood; he uses rice husks instead, does the job ten times faster. Stephen L. Keller, 24, from Brooklyn, New York, watched a worker in a Punjab bicycle factory count 6,800 ball bearings one by one, built a ball-bearing counter that...