Word: caldera
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...exile in New York, a joint "Great Civic Front" was tentatively pieced together by Venezuela's three foremost political leaders: Rómulo Betancourt, 49, president of a semimilitary government from 1945 to 1948 and head of the left-wing Democratic Action Party; Rafael Caldera, 41, leader of the Copei (Christian Social) Party; and Jóvito Villalba, 49, head of the middle-of-the-road Republican Democrat ic Union. Together, the three politicians framed a plan for a period of mutually shared noncompetitive politics to avoid the possibility of partisan political strife that could open...
...efficiently re-elected himself in a one-candidate plebiscite a fortnight before (TIME, Dec. 30), he announced an amnesty for the 3,000 oppositionists jailed during what had passed for an election campaign. Already free-and given 17 days to get out of the country-was Christian Socialist Rafael Caldera, who would have been the Catholic Party's candidate for President had not the dictator jailed him four months ago. Jovially, the President went on to a midnight dinner...
...Venezuela, until the U.S. embassy got them off the hook by warning them that they could lose U.S. citizenship if they voted. Also troubled by the one-man election: university students, particularly in Roman Catholic schools, where resentment ran high against the jailing, ever since September, of Rafael Caldera, once the Christian Socialist presidential hopeful. But after a spate of student demonstrations a fortnight ago, most colleges are temporarily closed. "The agitators can only stir up students," said Pedro Estrada, chief of the Seguridad Nacional. "They cannot stir up the workers, because everyone is making so much money...
...Petroquímica seems destined not only to grow but to become a threat to foreign oilmen. Caldera is building a small (3,000 bbl. a day) oil refinery, plans to build a huge one (300,000 bbl. a day) in the industry's third phase. The fact that most refining of Venezuelan crude is now done elsewhere is a sore issue between the government and the foreign-owned companies. La Petroquímica's action in building refineries, which primarily make fuel rather than the raw materials of petrochemicals, is a clear statement that Venezuela intends...
...building the new industry include Italy's Montecatini, Germany's Uhde of Dortmund (an I. G. Farben subsidiary), Texas' Tif Co Inter America Corp. But the money and the management come strictly from the Venezuelan government. La Petroquímica's boss is Alberto J. Caldera, Director of Economy in the Ministry of Mines and Hydrocarbons. The venture puts the government, which already has investments in planes, ships, power and steel, deep into business. Caldera is outspokenly in favor of the trend: "We have the natural gas, we have the oil, we have the minerals...