Word: exoduses
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...succeeded in bringing the country out of economic paralysis. In Luanda, meat, eggs, milk and bread are often unobtainable. A U.N. official visiting the city has warned that Angola faces not only widespread famine but the danger of tuberculosis and epidemics of dysentery. Largely because of the mass exodus of Portuguese whites, the country has only one doctor for every 12,000 people. The few foreign visitors allowed into the country are appalled by the chaos. Transportation and other public service facilities, when existing at all, are in disrepair. Says a Yugoslav engineer, "Everything is falling apart...
Kleinberg's Exodus...
...present crisis began in September, when intense speculation forced the government to cut the overvalued peso loose from its two-decade mooring at 12.5 to the U.S. dollar. Wary of Mexico's swollen, $24 billion debt and mounting balance of payments deficit, investors began a precipitate capital exodus, dropping the value of the peso more than 40%. In late October, renewed trading forced a second round of devaluation, tumbling the peso to 24.5 to the dollar-half its previous value. Inflation bounded, approaching an annual rate of 30%. Worse, the government has announced huge jumps in the price...
With the image of a Harvard exodus to Washington, to serve the Democratic administration, now cleanly erased from memory, the likelihood of Harvard representation in the new administration nevertheless remains...
ANGOLA. Pop. 6,400,000. Independent (from Portugal) since November 1975. One-party Marxist-socialist state. Literacy: 15%. Per capita G.N.P.: $490. Exports: diamonds, coffee, oil. Economy was wrecked by the civil war and the exodus of white technicians...