Word: latins
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That's why Chávez seems less than ruffled at being told by King Juan Carlos, "Por qué no te callas?" - Why don't you shut up? - over the weekend at the Ibero-American Summit of Iberian and Latin American leaders in Santiago, Chile. The king got fed up when the Venezuelan firebrand went on one of his rants and repeatedly accused former Spanish Prime Minister José MariaAznar of being a "fascist" who had supported a 2002 coup attempt against Chávez. Chávez later spun Juan Carlos' outburst as a monarchical affront to democracy...
...much of the international media missed what may have set Chávez off in the first place. Chávez became visibly irritated at the summit when Spain's current Prime Minister, José Luis Rodríguez Zapatero - a socialist and Chávez ally - insisted that Latin America needs to attract more foreign capital if it's going to make a dent in its chronic, deepening poverty. Chávez blames "savage capitalism" for Latin America's gaping inequality and insists "only socialism" can fix it - hence his tirade against Aznar and other free-market "fascists...
...conveniently leaving the comments of Zapatero, who is supposed to be one of his leftist kindred spirits, out of the discussion. "What Zapatero said must have really bothered Chávez," says Venezuelan author and Chávez biographer Alberto Barrera. "It broke with the leftist fundamentalism on Latin America that he demands all his allies follow...
Geographical diversification certainly is helping Citi--the company made twice as much money in Latin America as in the U.S. in the past quarter, and did even better in Asia. But while Weill and Prince did make a few big foreign acquisitions, that global footprint is mainly a legacy of the old, patrician Citicorp. What Weill's Travelers added was big-time investment banking, brokerage and storefront consumer finance. And it's from those parts of the business that most of Citi's woes have stemmed...
...Boston Garden. As I grew up, kept playing hockey on my town team, and returned to watch Harvard with my parents and teammates, the university itself never entered my mind as place for serious academic study. To me, Harvard always stood for a hockey team whose players wore Latin writing on the front or their jerseys and had begun playing the game in a youth program like mine.And so this family tradition continued every year at the Beanpot, an annual exhibition tournament with nothing but bragging rights as the best college hockey team in Boston on the line...