Word: ecuador
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...little to clear up the confusion. Between 1,000 and 1,500 Latin Americans last year traveled to Cuba for sabotage and guerrilla training, and many more have gone in the first two months of this year, said McCone. The largest contingents, he reported, came from Venezuela, Peru, Ecuador. Argentina and Bolivia. "One group of trainees was asked to mark bridges and other similar demolition targets on detailed maps of their country...
This is the second year that the fellowships have been offered to juniors involved in Latin American studies. Last year five students did research in Colombia, Ecuador, Peru, Bolivia, and Argentina on such topics as the social problems of migratory Indians, the background of the 1952 Bolivian revolution, and topics in contemporary. Argentine literature. The grants are made possible through the gift of Albert Gordon and the Kidder, Peabody Foundation...
...first step was into American Samoa, where the company based a fishing fleet and built a cannery. Then, in quick succession, Van Camp bought a cannery in Puerto Rico, set up two freezing plants on Africa's Atlantic coast, and established four canneries in Peru and one in Ecuador. Meanwhile, the U.S. Government helped out by increasing the tariff on Japanese tuna. The result has been a sharp turnaround for Van Camp: in the past ten years, the company has doubled its sales to $73.5 million and turned its former losses into a 1962 profit...
Instant Capitalism. In its foreign operations, Van Camp tries hard to make friends. It employs nearly 3,000 locally hired workers abroad, keeps its U.S. supervisory staff to a bare minimum. In both Peru and Ecuador, its canneries produce fish byproducts that the company sells at cost to supplement the low-protein native diet. In Ecuador the company has enabled local fishermen to own boats by giving them loans and taking a cut of each catch until the debt is paid...
...billion invested abroad and stashed away in U.S. and Swiss banks. How much went out last year is hard to pin down, but U.S. economists think the figure could be as high as $800 million. Said a Quito businessman, with feeling: "If all the capital abroad would return, Ecuador could be very well off. No basic foreign aid would be necessary...