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...memoir titles encapsulate a life as deftly as civil rights lawyer Victor Rabinowitz's: Unrepentant Leftist. Often with partner Leonard Boudin, he defended such clients as the Black Panthers, blacklisted writer Dashiell Hammett and accused spy Alger Hiss. In 1960 Rabinowitz and Boudin added Cuba to their client roster after a poolside game of chess in Havana with Che Guevara. A few years later, Rabinowitz successfully argued before the U.S. Supreme Court that Cuba was entitled to funds from the sale of products formerly owned by a U.S. citizen. Rabinowitz...

Author: /time Magazine | Title: Milestones | 11/21/2007 | See Source »

...parlayed a cheaper but stable peso into record export earnings. "Argentina," crows Central Bank president Martín Redrado, "is enjoying its most solid macroeconomic context of the past 30 years." In Brazil, Lula's election (and 2006 re-election) did not render the region's largest economy a leftist basket case. Instead, inflation has fallen from 12.5% in 2002 to less than 4% today. Brazil's real has climbed 56% against the U.S. dollar, and the São Paulo stock exchange, the Bovespa, is soaring. And since the U.S.-Chile free-trade agreement took effect in 2004, Chilean exports...

Author: /time Magazine | Title: Latin America's Peculiar New Strength | 11/15/2007 | See Source »

...Argentina, Brazil and Chile. Like most other Latin countries, the ABCs were pulled on the economic torture rack during the 20th century between socially negligent capitalism and fiscally profligate populism. But today they lead a potent common market, Mercosur. (Chile is an associate member.) And while each has a leftist President--Chile's Michelle Bachelet is also a socialist--the ABCs are spelling a model, "pragmatic socialism," says Jerry Haar, an international-business professor at Florida International University in Miami and a co-author of Can Latin America Compete? "They're managing the precarious balancing act between Milton Friedman...

Author: /time Magazine | Title: Latin America's Peculiar New Strength | 11/15/2007 | See Source »

...comparison, Brazil's competitive outlook is often described as a day in the Ipanema sun. Lula--who has adhered so faithfully to orthodox fiscal policies that he has alienated his own leftist party--recently boasted that Brazil's $1 trillion economy, the world's 10th largest, "is going through an auspicious moment...

Author: /time Magazine | Title: Latin America's Peculiar New Strength | 11/15/2007 | See Source »

Back in Caracas today, Chávez is 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...

Author: /time Magazine | Title: Behind the King's Rebuke to Chávez | 11/12/2007 | See Source »

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