Word: chiles
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Dates: during 1980-1989
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...vote was a turning point on Chile's long road back to a nearly 150-year tradition of democracy, which was toppled in the 1973 coup that brought Pinochet to power. Since ousting the elected, but floundering, government of Marxist President Salvador Allende Gossens, Pinochet has led a military junta that routinely uses terror to enforce its will. Deep scars remain from a 1973-76 antileftist purge in which tens of thousands of Chileans were exiled, tortured or executed. Meanwhile, the politically explosive gulf between rich and poor has steadily grown wider. "We broke an authoritarian system," said Ricardo Lagos...
...years General Augusto Pinochet Ugarte, 72, has held Chile in his proud and dictatorial grasp -- once even boasting that "there is not a single leaf in this country that I do not move." So why shouldn't he have believed that Chileans would vote si last week in an extraordinary plebiscite on whether to extend his presidential term to 1997? But shortly before 2 a.m. on Thursday, an ashen-faced official stepped from La Moneda, the presidential palace in Santiago, and headed for a nearby government building. There he told TV viewers that the public had said...
Instead of forgiving loans, bankers are swapping debt for equity stakes in local companies. Citicorp last month swapped $66 million of Chile's debt for a $56 million stake in a forestry project. Some loans are being taken over by organizations concerned about the welfare of developing nations. Conservation International, for example, bought $650,000 worth of Bolivian debt from Citicorp at the discounted price of $100,000. Instead of demanding payments on the loan, the nonprofit organization has created a wildlife sanctuary in the Amazon Basin that the Bolivian government has agreed to protect...
SANTIAGO, Chile--Gen. Augusto Pinochet's government conceded defeat yesterday in a vote he hoped would ensure his presidency until 1997, clearing the way for the first open elections since he seized power in a bloody 1973 coup...
...Noriega and found himself ousted instead. Next month Chileans will have an opportunity to vote in a national plebiscite for or against a continuation of the 15-year-old authoritarian regime of General Augusto Pinochet. A no vote could mark the beginning of a return to political democracy for Chile, but many Chileans fear that it would not be honored by General Pinochet or other senior military officials...