Word: herrera
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Dates: during 1960-1969
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...nationalist point of view, foreign investors exploit local resources while stuffing huge profits in faraway pockets. It was no surprise then, when Guillermo Herrera Carrizosa, head of the Colombian government's Development Corp., early this year complained about companies taking more out of the country than they put in. He said that foreign businessmen operating in Colombia bring "little more than technique and a name," charged that instead of increasing the needed inflow of dollars, they develop their profitable enterprises by borrowing from local financial institutions...
...several years important churchmen have been edging away from Franco's philosophies. Bishop Angel Herrera of Malaga has been exposing Spain's social inequities from the pulpit for more than a decade. In 1960, a letter was signed by 352 Basque priests condemning the regime's stifling of basic freedoms; last year several Catholic archbishops urged El Caudillo to drop press censorship...
...Luis Herrera de la Fuente, conductor of the Mexican National Symphony Orchestra, has agreed to lead the HRO in a piece of Mexican music in the July 9 concert at the Palace of Fine Arts in Mexico City...
Look-Alike. The bank's least hidden asset is its first president, a plump, articulate Chilean named Felipe Herrera. Once a Socialist, and at 38 still prone to consider banking economics as mere means to social ends, Herrera has labored nonstop to get the bank going ever since he was elected last February. By his own methodical count, he has been on the road 92 days, visited 19 countries, explained the bank to 18 Presidents, 3 Presidents-elect, 85 government ministers, 42 political party leaders ("while gaining six pounds and losing seven shirts and five handkerchiefs...
From the sidewalk, Herrera's new bank is hard to distinguish from all-the other international financial agencies that root their initials deep in the bureaucratic soil of Washington. IADB's planned capitalization is $959,476,000; by far the biggest share ($450 million) will come from the U.S. with the rest to be contributed by 19 other hemisphere republics* (see chart...