Word: newe
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Dates: during 1970-1979
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...commander of the military training school, ousted Guevara in a coup. But Natusch decided to vacate the presidential palace-literally through the back door -after widespread protests against his usurpation. Ignoring the fact that Guevara was, at least technically, the country's lawful acting President, Congress named a new interim chief executive. She is Lydia Gueiler Tejada, 53, a veteran leftist politician and an accountant by profession. Diplomatic observers in La Paz suspect that sooner or later-and it probably will be sooner-the first female to serve as the country's chief executive will be pushed through...
Gueiler is trying a more workable approach. Last week she announced a package of tough new policies. Among them: a stiff hike in the price of gasoline and other fuels and a 25% peso devaluation. But her tough new plan provoked a warning from the heads of the powerful Central Labor Federation, which had sponsored a general strike that helped propel Natusch from office. Workers, declared Federation Leader Juan Lechin Oquendo, "will not accept economic measures that affect their income." If Gueiler's new proposals are carried out, he threatened, his followers were ready to "struggle in the streets...
Besides coping with obstreperous labor leaders, the new President must also develop a strategy for curbing the army's insatiable tendency to intervene in governmental affairs. She also faces potential opposition from disenchanted civilian politicians. Gueiler has no illusions about the difficulty of her task. Asked if she had a remedy for Bolivia's chronic political instability, Gueiler replied: "That is a question that I sincerely wish I had an answer...
...mighty new weapon-the lawsuit -is being rolled out in the economic power struggle between the U.S. and Iran, and the battling is shaking the money markets. Lawyers last week went on a suing spree, grabbing up Iranian corporate and industrial assets not only in the U.S. but also in West Germany. The free-for-all rush after Iranian booty put investors and businessmen on edge, rattled money markets and in the process helped send the dollar into a renewed slide while pushing gold back up to more than $400 per oz. In the scramble, banks even wound up suing...
...attachment order must be followed by court trial in which Morgan Guaranty is expected to argue that it needs to hold onto the shares until Tehran guarantees that its loans will be repaid. Meanwhile, more asset seizures seem likely. Asserted an officer of a New York City multinational bank: "We are going to grab every Iranian asset in sight. There is already a line of banks halfway down the block in West Germany waiting to do the same thing...