Word: colombia
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Answering this question has divided the Latin American church. The struggle harks back to 1968, when the second Latin American Bishops' Conference met in Medellin, Colombia. A liberal minority at the conference won approval of a series of documents supporting the church's newly stated "preferential option for the poor," which denounced "institutionalized violence" and other social ills, thus providing the opening wedge for liberation theology. In the '70s, as armed insurrection and military dictatorship spread across Latin America, liberation theology took on a more explicitly political dimension. The radical fringe of liberation theology eventually seemed to find its model...
...billion) would see the value of their shares diluted, but they would win in other ways. Selling off some of the assets of the smaller Dallas-based Diamond Shamrock could have helped the Los Angeles-based Occidental with its capital needs in such ventures as a new oilfield in Colombia. The cash could also have been used to reduce Occidental's $3.5 billion debt, much of which resulted from its 1982 acquisition of Cities Service. Wall Street, however, did not buy the idea, and neither did Bricker's board. As soon as merger rumors began to circulate, Occidental stock began...
High on the bankers' 1984 worry list were their loans to Latin American nations, which staggered under a $350 billion debt burden. In June representatives of the debtor countries huddled in Cartagena, Colombia, raising fears that they would form a cartel to bargain collectively for easier terms. Warned Colombian President Belisario Betancur: "We hear the far-off thunder of violent drums. We feel the winds of storms." Despite such rhetoric, most of the debtors chose negotiation over confrontation. Mexico persuaded the banks to stretch out its payments on $48 billion in loans, originally due between now and 1990, over...
Though official U.S. aid has dried up, CIA agents still reportedly advise contra leaders on military tactics. The rebels have tapped fresh sources of support; among the countries rumored to give assistance are Colombia and Taiwan. Help also comes from Nicaraguan and Cuban exiles living in Florida as well as from a network of conservative groups in the U.S. Food, clothing and medical supplies have been sent to the families of contras by such organizations as the Christian Broadcasting Network, headed by Virginia Television Evangelist M.G. ("Pat") Robertson, and the Friends of the Americas, a Louisiana-based group dedicated...
...Contadora process, involving efforts by the governments of Mexico, Colombia, Venezuela and Panama to achieve peace in the region by negotiation, can be useful, depending on how it is handled. The original proposals could, if pushed to their maximum, provide for the removal of Cuban and other foreign forces, prevent foreign bases and eliminate arms assistance to other revolutionary forces elsewhere in the area. In general, the U.S. should continue working with Contadora, but it must insist on effective enforcement and should not let itself be pressured into accepting a premature and incomplete agreement. Standing on principle and playing...