Word: hernando
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Free enterprise has a way of sprouting in even the harshest ground. In Peru, a burgeoning "informal sector" has grown up alongside state-owned companies. Says Hernando De Soto, director of the Institute for Freedom and Democracy, a Lima research group: "The informal sector is laying the basis for capitalism." Workshops in Lima shantytowns produce shoes, bicycles, blankets and virtually anything else that can be sold by the tens of thousands of street vendors who throng the capital's pavements. The thriving alternate economy accounts for more than a third of Peru's annual production...
...nearby marketplace, vendors offered an abundance of jungle fruits and rare herbs and skillfully wrought creations of silver and gold. "The magnificence, the strange and marvelous things of this great city are so remarkable as not to be believed," Hernando Cortés wrote back to the imperial court of Charles V. "We were seeing things," Bernal Díaz del Castillo recalled in his memoir of the Spanish invasion, "that had never been heard of or seen before, nor even dreamed about...
...less expensive alternative to touring as a method of promoting a new band. "Spend $20,000 on a video, aired once on MTV, and seven million people will see it. On a tour, that pays for ten gigs, with maybe 100 people at each one" calculates A & M Records' Hernando Cartwright Epic's Wingate added "since a video is far more effective, almost every artist would rather have a video...
...ruins; she is trying to restore them to their original condition." Modern Peru has much to learn from the early natives, says Valcarcel. "The Incas had a deep sense of their dependence on their Mama-Pacha, Mother Earth. They managed it so well all over the empire that Conqueror Hernando de Soto was moved to say: 'There was never hunger known in their realm.' " -By Claudia Wallis. Reported by Gavin Scott/Patallacta
...often salts his speeches with fire-and-brimstone references to the Aztec past. During his state of the union address, for example, in speaking of the oil spill in the Bay of Campeche, he made references to an ancient god and the Aztec mistress of the Spanish conquistador Hernando Cortes. "In the depths of this flaming well," he intoned, "we Mexicans have seen ourselves reflected in Tezcatlipoca's black mirror. Malinche emerged from those depths howling for human sacrifice to satisfy the god of fire." A physical fitness buff, he keeps in shape with a vigorous regimen that includes swimming...