Word: ecuador
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Dates: during 1980-1989
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Argentine officials had nothing to say about the coup, which was immediately deplored by the governments of Venezuela, Ecuador and Colombia, and by Peru's President-elect Fernando Belaúnde Terry. The Bolivian military's action was also strongly denounced by the U.S. State Department, which recalled Ambassador Marvin Weissman for "consultations" and cut off all military and economic aid to the strife-torn country...
...would not be readmitted or would be beaten up by the pro-regime bullyboys who waited just outside. Meanwhile, Peruvian officials, pleading that they could not possibly accommodate all the refugees, called an emergency meeting of the Andean pact nations. At week's end all five members -Venezuela, Ecuador, Colombia, Bolivia and Peru-as well as several other countries offered to take in the refugees. The U.S., which has admitted 800,000 Cubans since Castro came to power in 1959, will accept a "fair share of the refugees," said a State Department spokesman...
Unemployment, although down from 18.7% in 1975, still hovers at a depressing 12%. Like most developing nations, Chile has been badly hurt by OPEC price increases. The country imports 75% of its oil, and most of that had come from two of the shakier cartel members, Iran and Ecuador. In March, Iran broke its contract, and Ecuador has also stopped selling oil to Chile, forcing it to pay the sky-high spot-market price. Fuel bills jumped to an estimated $771 million last year, from $429 million in 1978, torpedoing projections for an inflation rate of under...