Word: lima
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...decade ago, socialism seemed to be on the ascendancy, despite some severe cracks in its facade. In Bombay and Bangkok, in Lima and Lusaka, governments were nationalizing industries and imposing ever growing and restrictive regulations on private companies. The rising tide of socialism threatened to become a tidal wave. Among superpowers, the Communist Soviet Union appeared to be gaining in international prestige and influence, while the capitalist U.S. seemed to be declining. Racked by oil crises, recession and an inflationary fever that soared to double digits, the free-enterprise system faced a doubtful, some said downright perilous, future...
...most productive figure in history is the individual trying to improve his status. Whether he is an Asian peasant tilling his land or an American businessman building a company, the profit incentive is a powerful force. Capitalism is not a neat, orderly system. The street vendors of Lima or Peking or New York City, some basic examples of capitalism, are more chaotic than the orderly but often empty stores in so many socialist states. Capitalism's unruliness means that it will always be subject to swings of boom and bust. The system, however, presents the constant opportunity for profit...
...speech, Garcia said that he had ordered the arrest of police chiefs and officers who had taken part in the storming of Lurigancho prison near Lima on June 18. At least 124 inmates died in the operation, including those killed after the prisoners had ended their resistance. Declared the President: "What happened after the surrender in Lurigancho is a crime that I will not silence." While condemning the police, Garcia strongly defended Peruvian marines who attacked another prison, on the island of El Fronton, where as many as 270 Shining Path disciples died...
...authorizing the use of lethal force against the prisoners, Garcia underscored his determination to defeat the Shining Path. The radical group had timed the insurrections to humiliate the President while prominent world figures were in Lima for a congress of the Socialist International, an organization of socialist and social-democratic parties. The gathering was held in Peru to recognize efforts by Garcia's center-left government to stabilize the country's economy, which has been crippled by the falling prices of oil, copper and other major exports...
...feel so bad about indulging in its exports." But even then, apolitical American targets are not always off limits. After the U.S. bombing of Libya in April, a mob in Barcelona stoned a local McDonald's. Last year Peruvian Marxists sprayed graffiti and burned tables at three of Lima's five Kentucky Fried Chicken restaurants...