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With those words, Victor Giménez Landinez, Venezuela's Ambassador to the Organization of American States, summed up the plight of the 26 Latin American and Caribbean nations that met last week in Caracas, Venezuela. Just one year ago, Western bankers and public officials were scrambling frantically to avert a worldwide financial crisis as several Latin American countries tottered on the brink of default. The moneymen have since lent more than $45 billion to Brazil, Mexico and other Latin American nations to help them pay interest on about $275 billion in loans...

Author: /time Magazine | Title: Trying to Defuse a Debt Bomb | 9/19/1983 | See Source »

...will tax untilled estates so heavily that owners will be encouraged to sell. As a last resort the government will expropriate, but estates under proper cultivation will not be taken over, no matter what their size. "The law is neither leftist nor rightist," says Agriculture Minister Victor Jimenez Landinez. "It is simply just...

Author: /time Magazine | Title: VENEZUELA: Orderly Land Reform | 8/3/1959 | See Source »

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