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Word: colombia (lookup in dictionary) (lookup stats)
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...Colombia's Banco de Occidente has no U.S. branches, but its Panamanian subsidiary did a booming underground business in America. The Panama bank is expected to plead guilty in Atlanta federal court this week to charges that it laundered hundreds of millions of dollars in drug profits for Colombia's Medellin cocaine cartel. The bank allegedly collected the illicit money in New York bank accounts, from which money was wired electronically to Europe and Latin America...

Author: /time Magazine | Title: INVESTIGATIONS: Wringing Out a Money Laundry | 8/21/1989 | See Source »

Surprisingly, Clancy claims to have researched Danger in less than a week. He felt no compulsion to visit Colombia, since he subscribes to the you've-seen-one-jungle-you've-seen-them-all philosophy. Clancy finds it routine that he learned all that he needed to know about the Army's light- fighters during a three-day visit to Fort Ord, Calif. "A warrior is a warrior," Clancy insists, using a favorite term of praise, "whether they're light infantrymen, submariners, fighter pilots or whatever. The way they express themselves may be different, but the personality types are pretty...

Author: /time Magazine | Title: Books: Of Arms and the Man | 8/21/1989 | See Source »

...Colombia is rich in rebels, but the government of President Virgilio Barco has slowly been coming to terms with them. The first to switch from outlaw group to political party is M-19, a 1970s leftist band of middle-class guerrillas who moved from symbolic displays of conscience, like holding "hostage" the sword of Latin American liberator Simon Bolivar, to acts of terror and violence. In 1985 M-19 bungled a takeover of Bogota's Palace of Justice, triggering a battle with government forces that left more than 100 dead...

Author: /time Magazine | Title: Colombia: Ready for the Big Leap | 7/31/1989 | See Source »

...corruption case unfolded with suspicious speed. Ochoa and six other military and Interior Ministry officials were arrested in early June. Ten days later, the Communist Party daily Granma gave a stunningly detailed account, , accusing the seven men of pocketing $3.4 million for helping Colombia's infamous Medellin cartel transport six tons of cocaine to Florida. By the time Ochoa's hearing was convened two weeks later with all the haste and splash of the ongoing scapegoat trials in China, it was a foregone conclusion that this popular and much decorated military officer would be found guilty. Ochoa's court-martial...

Author: /time Magazine | Title: Cuba Reading the Coca Leaves | 7/10/1989 | See Source »

...beginning of the 20th century is enough to complicate American domestic politics and foreign policy alike at the end of the century. Teddy Roosevelt not only dug the big ditch but helped carve out the little nation around it by supporting secessionists in a malaria-ridden province of Colombia. But no good deed in the pursuit of empire goes unpunished. The legacy that T.R. left his successors has turned increasingly from a strategic and commercial boon to a political curse. The spectacle of Panamanians tearing down U.S. flags marred the last days of Dwight Eisenhower's term and the first...

Author: /time Magazine | Title: America Abroad: The Dukakis Approach | 5/29/1989 | See Source »

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