Word: latinizes
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...which he says accounts for "a third of the rise in household formation" and "has been a major factor holding the price level of homes up." Today more than 1 in 10 Americans is foreign-born, compared with 1 in 20 in 1970. This influx of citizens, mainly from Latin America and Asia, will help drive demand for an additional 1.1 million homes a year, according to Harvard's Joint Center...
...dismay of the Bush Administration, it's a banner waving over a large swath of South America. Coca eradication is the linchpin of Washington's antidrug strategy. The widening revolt against it is the loudest sign yet of a new resentment toward the U.S. in Latin America, where free-market reforms pushed by Washington have left much of the region's 500 million people poorer. A former parliamentary Deputy from Bolivia's central coca-growing region, Morales in the past was often dismissed as a radical relic in the land where Che Guevara died. But today he's strong enough...
...phenomenon is partly a result of what Latin American critics call Washington's anti-coca "fundamentalism"--a heavy-handedness that seems to blame the remote cocaleros, or coca farmers, more than the addictive appetites of Americans. A key sore point was last year's creation of a special U.S.-funded Bolivian army unit to enforce eradication. "The army soldiers come to my house and shout, 'You b_______ Indian coca sellers!'" says Maria Luz Gomez, 32, a cocalera in Morales' home state of Cochabamba. "But without the coca, we can't have a life here." The special unit has been accused...
...singer developed a spare but effective political voice that he generally raises on behalf of liberal causes and the occasional liberal candidate. In 1991 he played a fund raiser for the Christic Institute, a radical think tank that has repeatedly accused the U.S. government of illegal covert action in Latin America. On the subject of America's current foreign policy, he is with the mass of public opinion. "I think the invasion in Afghanistan was handled very, very smoothly," he says...
...meltdown in Latin America continues to take its toll much farther afield. Case in point: Spanish companies, which are feeling an ongoing pinch from their investments in the region. As if Argentina's collapse and Uruguay's wobbles were not worrying enough, some of Spain's biggest names are also taking a clobbering because of their exposure to Brazil. Over the past 10 years, Spanish firms have poured more than €50 billion in Brazil - double the amount invested in Argentina - particularly across the telecom, banking and energy sectors. But the Brazilian real has gone into a downward spiral...