Word: colombia
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Something new in oil contracts was announced last week in Bogotá. Colombia's government-owned oil company, Ecopetrol (Empresa Colombiana de Petroleos), and a private U.S. oil firm, Cities Service Co., agreed to share costs and profits in developing the promising El Carare area, a 2,200,000-acre tract near the Magdalena River 120 miles north of Bogot...
Chatty and smiling, President Gustavo Rojas Pinilla last week made a confident reply to his critics, who now include six of Colombia's seven living ex-Presidents, some from Rojas' own Conservative Party and others from the opposition Liberals. The general complaint: Rojas' increasingly harsh measures, e.g., closing down the respected Bogotá daily El Tiempo last August, are turning Colombia into an out-and-out military dictatorship, and costing the government heavily in prestige. Rojas' answer, made in an impromptu speech at the opening of an exhibit of public works: "I ask myself...
Rojas has other strengths. Colombia's economic health is good; the cost of living has remained stable for a year, and the country's major crop, coffee, selling at a satisfactory 62? a lb., should bring in a fat $500 million this year. Rojas' public works, depicted in pictures, maps and models at the exhibit he opened last week, are impressive: pipelines, airports, irrigation projects, and badly needed roads...
...Colombian Protestants, are among the country's best. But henceforth, Roman Catholic parents who send children to the American schools will be liable to excommunication. Crisanto Cardinal Luque warned them of the church's extreme penalty in a pastoral letter read last week to Colombia's 11 million Catholics...
Dominican Playboy Porfirio Rubirosa moseyed into Bogotá, Colombia to make preparations for a genuine treasure hunt. Bracing himself for his safari's plunge into the Choco wilds on Colombia's Pacific Coast, Rubi, out to make the jungle give up some platinum and gold, first tested his luck at a race track, won a cool 9,600 pesos on a 100-to-1 shot. He also took his ease in Bogotá's elegantly stuffy Jockey Club, where he complained about the absence of vodka (he thirsted in vain for a Bloody Mary). Colombia...