Word: chileanization
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Dates: during 1970-1979
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Metal traders were skeptical that CIPEC could drive up prices. They questioned the effectiveness of a cutback in shipments without a reduction in production. Almost in response, the Chilean government announced that it would close down the Exotica Mine for six months; the mine, one of Chile's largest, last year produced about 32,000 tons, or only 4% of Chile's copper exports. That should certainly not be enough to kick up prices-unless more member countries also close their mines...
Brazil, which is ideologically sympathetic to the Chilean and Uruguayan military-backed governments, nevertheless sees that there is no point in trying to block Cuba without U.S. help. Moreover, two of Castro's outspoken advocates in the OAS are looking more and more formidable. They are Mexico, with newly discovered oil reserves, and petroleum-rich Venezuela, which introduced the 1964 quarantine proposal but is now backing the movement...
...leaked information on one possible successor to Thieu, a trade union bureaucrat named Buu. A report issued this month by a group of South Vietnamese senators documents how Buu's organization is funded by the "American Institute for Free Labor Development" and the CIA, the same agencies which bribed Chilean unions to oppose Allende. Buu's group in turn controls the "Peasant-Labor Party," which ironically lacks either peasants or laborers in the party hierarchy. Buu knows George Meany personally and after an expose this summer in the German weekly Der Spiegel, may be too vulnerable to propel himself into...
Daniel Ellsberg '52 told an off-the-record Nieman fellows meeting Monday that William E. Colby, director of the Central Intelligence Agency, has acknowledged that he "knew of the imminence of" the September 1973 Chilean military coup...
...administration had been receiving rumors of unrest in the Chilean military for more than one year," Gerald L. Warren, White House spokesman, told reporters that week. "Aside from these rumors, the President had no advance knowledge of any specific plan for a coup...