Word: last
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Dates: during 1990-1999
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...burgers and MTV--that have helped promote democracy and capitalism around the world. If the U.S. can do business with erstwhile enemies like China and Russia, they argue, why not with Cuba? "This embargo hasn't helped us move the ball," U.S. Chamber of Commerce president Thomas Donohue said last month. "We have carried this anger...
...year further loosened U.S. travel restrictions to Cuba, making it easier for Americans like business executives, researchers and athletes--as well as families with kin in Cuba--to board a charter flight in Miami, New York City or Los Angeles that lands in Havana. Donohue paid Castro a visit last July, the first ever by a U.S. Chamber of Commerce chief. Other high-profile delegations--including one led by Illinois' Republican Governor George Ryan in October--descended on Havana soon after, scoping the possibilities of selling everything from long-grain rice to fiber-optic cable. "[The Cubans] need everything...
Ashcroft has clear support in the Senate--and behind the scenes among some in the Administration--since a Reuters poll last spring found that 67% of Americans favor ending the embargo. "It's hard for me to find anyone in this building who supports our Cuba policy anymore," says a State Department official. In Florida, where the most ardent anti-Castro lobby resides, a recent Miami Herald survey showed more people against than for the embargo. Meanwhile, cultural contacts between the U.S. and Cuba are at an all-time high, sponsored in large part by U.S. corporations like...
...easy to stop the trade. UNITA has already amassed a fortune from illicit diamond sales, enough to continue its hostilities virtually indefinitely. Diamond analysts calculate that UNITA made more than $2.5 billion from diamond sales between 1992 and 1997, and last year collected at least $225 million. U.N. researchers and human-rights lobbying groups put the figure far higher. By any estimation, Savimbi's 40,000-strong UNITA must be the richest rebel movement in the world...
...pumped in a steady stream of cash. President Gary Rieschel figures that in 1996, with Softbank Technology Ventures still an unknown in the valley, it invested $200 million in 55 companies in four months-- although "investing" hardly describes the act of writing checks as fast as you can. Last month Softbank opened Hotbank, an incubator for start-ups. There has been no need to advertise. Each week hundreds of applications pour into Hotbank; out come announcements of new Softbank allies: PeoplePC, Webvan, Global Sports, InsWeb, WebMD...