Word: colombianizing
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...Colombian Writer Gabriel Garcia Marquez's only novel, One Hundred Years of Solitude, was a seismic literary event in Latin America when first published in 1967. Translated three years later, it received awestruck notices in the U.S., and has continued to attract not so much readers as proselytizers. The chronicle of an enchanted town called Macondo, it is a "good read" in the Dickensian sense: it has abundant life, a tangle of characters and plots, all supported by a clear moral viewpoint...
...Barranquilla project is part of a proposed sale of five YAKs to Aerocondor, a Colombian airline. In addition, two regional airlines and a travel agency in West Germany have ordered eight YAK-40s and taken options on six more. A small charter carrier in Italy has two of the jets on order. Commuter airlines in Italy, France, England and Sweden are dickering for YAKs with Aviaexport, the Soviet aircraft export agency. Aviaexport has asked the Boeing Co. to distribute and service the plane...
Aviaexport is now eager to sell YAKs abroad, principally to developing countries that lack modern airport facilities. The agency gives exceptionally easy credit terms. For the Colombians, they were no money down with 15 years to pay at 2% interest. The Soviets have also offered to build a factory in Colombia that would supply YAKs to the rest of the Western Hemisphere. Colombian officials have not accepted the deal, but they have let the Russians assemble a sample plane at Barranquilla that will soon begin demonstration flights in ten countries...
...minimizing outside control of domestic resources has been on the flow in Latin America. Oil investment has been a frequent casualty. Argentina, Brazil, Chile, Mexico and Bolivia have put their oil-producing industries under state ownership. In Peru, the largest oil company has been expropriated. Last week a Colombian congressional committee recommended that the government nationalize foreign oil operations...
...emeralds come from Colombia, where mining and sale of the gems are supposedly a government monopoly. In fact, reports TIME Correspondent David Lee, the business has been monopolized by outlaws called esmeralderos (emerald buccaneers), who pocketed about 90% of the $50 million that the world paid last year for Colombian gems...