Word: chileanizing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...close second in the normally conservative Christian Democratic area. This time, he had reason to hope that his coalition's candidate would win big. In a bid for local favor, Allende had transferred his official residence from Santiago to Valparaiso's city hall during the Chilean summer. When an earthquake hit the district last month, government aid arrived with unwonted haste -and so did Allende to inspect the damage...
Chile: Owner of the Future When the Chilean Congress unanimously passed a constitutional amendment last week nationalizing the copper mines, the whole country went on an emotional tear. Newspapers, billboards and walls blossomed with the slogan...
...amendment will affect three large American copper companies - Anacon-UP, da, Kennecott and Cerro Corp. - which have been partners with the Chilean government in the nation's five largest mines. (The government announced last week that it would also buy out the Chil ean operations of the Bank of America and the Bank of London.) Though copper nationalization was clearly a victory for Allende, one he has sought ever since he began his quest for the presidency 19 years ago, he was not altogether happy with the law as passed. The President had wanted indemnification to be paid over...
...Jockeying. There is already considerable disagreement over the value of the copper properties in Chile. The three companies claim that they have invested more than $1 billion; the government-controlled Chilean State Copper Corp. has set the figure at $724 million; and Allende, probably with tongue in cheek, puts it at $80 million. Obviously, some jockeying for good bargaining positions is under...
...Nixon Administration is aware that such an incident could cause further damage to an already fragile relationship. It is also mindful that negotiations will soon be held to determine the value of U.S. copper properties that are to be nationalized by the Chilean government. Accordingly, Washington has adopted a stance of calculated ambiguity toward Chile. Last week the Administration decided to grant Santiago $5,000,000 in credits for the purchase of paratroop equipment and a $4,000,000 C-130 military transport. It was the first new military aid since the Allende government came to power last October...