Word: ferdinand
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Dates: during 1980-1989
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...tumultuous Philippines, East Asia's poorest country, has the most ambitious free-enterprise plans. President Corazon Aquino is pressing for a "second revolution" to rebuild her impoverished and embattled country, which faces Communist insurgents at home and political maneuvers launched by ousted President Ferdinand Marcos from abroad. A Cabinet program calls for the government to withdraw from economic activities "to allow private business to become the prime mover of growth." Scheduled for sale are more than $6 billion worth of assets in idled companies, many of them abandoned to bankruptcy by Marcos or his cronies. Also to be sold...
...strange and shifting alliance between President Corazon Aquino and her wily longtime antagonist and current Defense Minister, Juan Ponce Enrile. Throughout the 7 1/2 years that her husband Benigno was in jail, Aquino had to negotiate on his behalf with Enrile, who was then Defense Minister under former President Ferdinand Marcos, even for conjugal visits. In February, it was Enrile's startling volte-face that helped topple Marcos and bring Aquino to power. Ever since, the former architect of Marcos' martial law, who has never concealed his own presidential ambitions, has remained a great unknown within Aquino's Cabinet. Enrile...
...Secretary of State George Shultz made a five-stop Asian trip to bolster those ties against recent strains, and to coincide with the annual meeting in Manila of the Association of Southeast Asian Nations (ASEAN). The Manila trip, Shultz's second visit to the Philippines since Corazon Aquino toppled Ferdinand Marcos in February, was also intended to show staunch U.S. support for the new Filipino President, whose fledgling administration lacks the stability of an established government...
When deposed Philippine President Ferdinand Marcos, his wife Imelda and 88 members of their entourage abandoned their palace in Manila and Imelda's 3,000 pairs of shoes last February, they braced for some cutbacks in their conspicuous consumption. But, in fact, in one month the exiled Marcos & Co. ran up personal expenses of $207,000 on U.S. bases in Guam and Hawaii, says a House Armed Services subcommittee. That bought, among other items, $2,552 worth of shoes, which were not for Imelda but for others in the party. Other tabs: $19,971 for long-distance calls...
...Ching is a seasoned commander of the New People's Army, the Communist guerrilla group that mounted a campaign of violence against the regime of Ferdinand Marcos. The former President is in exile, and Ching, pregnant with her first child, is weary of the hardships of guerrilla life. Last week she and 167 other rebels laid down their guns and met privately with President Corazon Aquino at a Roman Catholic monastery in the southeastern city of * Davao, where rebel activity has been strong. Said Ching: "Now there's hope for a new life...