Word: cuba
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Dates: during 1990-1999
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...long ago, Coca-cola chairman Roberto Goizueta showed up to salute a group of American immigrants as they took the oath of citizenship at Monticello, the home of Thomas Jefferson. Coke's boss eloquently recalled his own family's flight from Cuba and eventual naturalization as proud Americans. Said the courtly ceo: "When my family and I came to this country, we had to leave everything behind...our photographs hung on the walls, our wedding gifts sat on the shelves...
...most powerful Cuban-born executive in the U.S. also seems to have left behind any vindictiveness, at least in a commercial sense. Goizueta has said nothing about a controversial new law aimed at keeping foreign companies from investing in Cuba. It's a law that many FORTUNE 500 companies such as Coke--which lost a plant to the revolution--would like to see go away...
...allows American citizens and corporations to sue foreign firms that use confiscated American assets in Cuba. While the U.S. maintains a trade boycott against the island, hundreds of foreign companies, from Benetton to Toyota, have poured at least $5 billion into Cuba; and most U.S. companies would jump at the opportunity to invest--just as they are doing in Vietnam. Sponsored by two conservative Republicans, North Carolina Senator Jesse Helms and Indiana Congressman Dan Burton, the bill enjoyed strong support among Cuban Americans and the right. President Clinton, with an eye to re-election, signed it in March...
...Dream Girls, a.k.a. the U.S. women's basketball team, won their 47th-straight game, defeating Cuba 106-58. Smothering defense helped turn a 58-32 halftime lead into a rout over a team that should be a medal contender in Atlanta. Lisa Leslie, the 6-ft. 5-in. center, led the Americans with 17 points. She said the team is paying no attention to its winning streak. "It means nothing to us," she said. "When we go to the Olympics, it's going to be zero-zero...
...awaits the lifting of the U.S. embargo more eagerly than Cuban scientists, who struggle to obtain basic supplies--chemical reagents, for instance--that in the U.S. are but a phone call away, and whose incomes are starting to trail behind those of service workers buoyed by Cuba's rising tourist trade. CIGB has reportedly started paying its scientists partly in dollars to keep them from leaving the field. "I love my research," confides a hardworking scientist. "But if I have to drive a taxi to support my family, I will...