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Valardel's boss is Deltec Vice President Julio Nuñez, 38, a Cuban-born U.S. citizen who was educated at Georgetown and Harvard Law, served as assistant U.S. Attorney in the Eisenhower Administration and was tapped to prosecute the Puerto Rican nationalists who, in 1954, shot up the Congress. Operating out of a Buenos Aires office decorated with a scarlet rug, wildly abstract art and carved African statuettes, Nuñez has set an ambitious goal: to make Valardel the Merrill Lynch of Argentina. "We have reached the point," says reform-minded Nuñez, "where...

Author: /time Magazine | Title: Argentina: Stocks in the Boondocks | 1/17/1964 | See Source »

...turn of the century, Argentine President Julio Roca, a Spanish-descended champion of the landed gentry, was visiting a jammed Italian-immigrant hostel. "What's going to happen," he muttered distastefully, "when the children of these people want to run the country?" Were Roca alive today, his tone might soften appreciably. "These people's" children are indeed running Argentina, and the Italian imprint is everywhere-shaping Argentine culture and character and giving Argentina's industry much of its momentum...

Author: /time Magazine | Title: Argentina: The Italian Way | 11/15/1963 | See Source »

...classic Latin American scene. At 2 p.m. one day last week, eight tanks rumbled up to the presidential palace in Ecuador's Andean capital of Quito. Radio bulletins soon blared the news: Carlos Julio Arosemena, 44, the country's 46th President in 130 years, had gone the way of many of his predecessors-deposed by military coup. A crowd of demonstrators gathered at the palace to protest to the new rulers; and tanks opened fire. Three persons were killed, 17 wounded. In the palace, Arosemena refused to resign at first, then bowed to superior firepower and was bundled...

Author: /time Magazine | Title: Ecuador: One for the Road | 7/19/1963 | See Source »

...speech, on top of the growing troubles in the front negotiations, was enough for Argentina's navy. Headed by Rear Admiral Jorge Julio Palma. 46. commander of the Puerto Belgrano naval base, a group of officers wanted an end to all talk about elections, argued for the ouster of Guido as President and the establishment of a "benevolent dictatorship" that would attempt to stabilize the economy and "normalize" the political situation. Though his forces were small-25,000 navymen and 17,000 marines, compared with 87,000 men in the army and 22,000 in the air force-Admiral...

Author: /time Magazine | Title: Argentina: War & Peace | 4/12/1963 | See Source »

...Vote of Confidence. But always, despite the serious intention of talking about economics, that pesky problem of Cuba kept popping up. Arriving in San Jose the day before Kennedy. El Salva dor's President Julio Rivera spoke to his greeters with a grim quip: "Let us first have a minute of silence for me. Castro said I would be dead by now." In his first statement to the Presidents, Kennedy eloquently reiterated the anti-Castro theme: "At the very time that newly independent nations rise in the Caribbean, the people of Cuba have been forcibly compelled to submit...

Author: /time Magazine | Title: Foreign Relations: Success at San Jos | 3/29/1963 | See Source »

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