Word: garcã
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...Garc??a had no choice politically but to resist foreign creditors. Peru's fragile democratic government, only five years old, must contend with a rebel guerrilla insurgency as well as an economy in crisis. Inflation runs at 250%, and about two-thirds of the labor force is either unemployed or working part time. Worst of all, Garc??a alleges, wealthy Peruvians have been frantically buying U.S. dollars and putting money into bank accounts abroad. To stop this capital flight, Garc??a shut down Peru's banks after he became President. When he allowed them to reopen two days later, accounts...
Bankers are counting on Garc??a to turn Peru's financial situation around. In the meantime, the creditors will have to hope that other Latin American debtors do not demand the same easy terms...
...done the killing. Indeed, military patrols have reported that entire villages have been abandoned by frightened peasants as soldiers comb the mountains, searching for the culprits. But evidence also indicates that powerful drug traffickers are behind the murders. "We are fighting intensely against drug traffic," insisted Attorney General Sergio Garc??a Ramírez in Mexico City. Still, few doubted that the government had lost a costly battle in its struggle with drug smugglers...
...greatly swollen the Lagunilla River, which was already choked with mudslides from the volcano's tentative stirrings in September. At that time geologists from the surrounding federal department of Tolima had expressed concern about the dangers from the dammed-up river. At first the departmental governor, Eduardo Alzate Garc??a, said that "there are no immediate risks." Two days later he changed his mind. The geologists declared the region at the base of the volcano a local emergency area, and Alzate planned to have the water buildup drained through an escape canal. Work on that project had not begun when...
Private citizens also rushed to the rescue. Nowhere was the effort more frantic than in Miami and surrounding Dade County, home to an estimated 125,000 Colombian immigrants. Within hours after news of the disaster reached the city, the local Colombian consul general, Roberto Garc??a Archila, was swamped with aid offers. Less than 24 hours after the eruption, an Avianca Boeing 727 left Miami International Airport laden with privately donated medical supplies. Meanwhile, Spanish-speaking ham-radio operators in Miami were relaying messages from Colombia to the Florida consulate, where hundreds of anxious Colombians kept a vigil, hoping...