Word: colombia
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Colombia, one of the most dogged advocates of government economic meddling, last week abruptly freed its long-pegged peso. Officially traded at 2½ to the dollar before the freeing, the peso promptly dropped to 6¼. Result expected: encouragement for the producers of dollar-earning exports (chiefly coffee), discouragement of dollar-draining imports, reduction of a towering trade debt estimated at $200 million...
...Cuba's Sierra Maestra mountains last week, a Roman Catholic priest lived with and ministered to the band of rebels led by Fidel Castro. In Colombia a cardinal of the church heard the warm praise extended by a people who regard him as a ranking hero of the revolution that tossed out Dictator Gustavo Rojas Pinilla. From Cuba to Argentina, the church is taking a critical look at its old role as friend of the top dog and is often charting a new, antidictatorial course...
Church leaders in Colombia showed striking courage during the final year of Dictator Rojas Pinilla. Pastoral letters issued by Crisanto Cardinal Luque last year, one of them condemning Rojas' "Third Force'' political movement, were the first serious whacks at the strongman's prestige. During the brief spate of violence the churches sheltered rebels, and when it was all over jubilant monks streamed out making victory signs to the cheering crowds. Luque has since warned the military junta that replaced Rojas that it must turn over power in free elections or lose church support...
Pinched for cash, the world's richest nation has often come off second best. At last year's fair in Bogota, Colombia, the U.S. spent less than $500,000 (v. $1,500,000 for the joint Czech-East German pavilion), had to resort to an unimpressive display of photographs to picture the abundant U.S. in action. But fair planners in the Department of Commerce have learned to stretch their dollars by leaning heavily on private business to contribute products, exhibits and top executives to the trade missions at the fairs. They have also learned that commonplace U.S. gadgets...
Economic fumbling and pressure on the banks at last turned Colombia's business. men against Rojas; corruption and killing earned him the wrath of the church. Toward the end of last week, ignoring Rojas' attempt to smooth over the rift, Colombia's Primate Crisanto Cardinal Luque issued a pastoral letter with his bitterest attack yet on Rojas. That night, the dictator's military supporters gathered for a worried meeting...