Word: costa
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Dates: during 1970-1979
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Only nine countries in the world had an unblemished record: Austria, Iceland, Luxembourg, Norway, Fiji, Bahamas, Bermuda, Canada and Costa Rica. The U.S. was not listed among them. Though not charged expressly with political repression, it is nonetheless criticized for the resumption in some states of the death penalty, which Amnesty International seeks to abolish everywhere...
Cutting back on consumption is not enough. Tanzania uses roughly half as much petroleum as in 1972, but its oil bill has risen 900%, and now eats up half of all earnings from the country's exports. Complains Rodrigo Carazo, President of Costa Rica: "Our 1972 oil needs cost $11.8 million. Our 1979 needs will cost at least $103 million. The barrel of oil that we could buy in exchange for 57 Ibs. of bananas or 3 Ibs. of coffee in 1972 now costs us 440 Ibs. of bananas or 24 Ibs. of coffee...
Guevara offered three solutions "The army and the people must let each other alone, as they have done in Venezuela; Bolivia must re-educate the military establishment--although in reality this is too costly; or we will have to take the Costa Rican alternative, and have no army...
...I.O.S. board fired Cornfeld as chair man and called in New Jersey Financier Robert Vesco, who returned the favor by milking the funds of an estimated $227 million. He absconded in 1972 to Costa Rica and later the Bahamas. Angered at the way the I.O.S. shambles had be smirched their reputation for financial probity, the Swiss seized Cornfeld when he returned to the country in 1973 and held him for eleven months while they tried to assemble a case...
...Costa Mesa, Calif...