Word: nicaragua
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Dates: during 1940-1949
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...soon as he learned that a plot was afoot, Betancourt sent Nicaraguan President Victor Roman y Reyes an urgent telegram: Venezuelan exiles at Puerto Cabezas, Nicaragua, were loading two former U.S. Navy bombers, manned by U.S. crews, for a bombing run over Caracas. He named names, listed airplane numbers...
...Before the world," he cried, "I accuse President [Juan Jose] Arevalo of Guatemala of fomenting and supplying arms for a revolution in Nicaragua. If this revolution breaks out, it may result in a Central American conflagration. I am ready to repel this aggression and it may turn out to be a boomerang for Arevalo, who is interfering in the internal affairs of Nicaragua...
...Guatemala, took time off from his scheming to add his own sardonic comment. "Our efforts are confined to diplomacy," he said. "Somoza, scared by his own crimes, has a persecution complex and is trying to escape attention by making fantastic accusations to justify a wave of terror in Nicaragua...
...National Palace, Nicaragua's Constituent Assembly awaited them with the product of five months' labor-a new constitution. President Roman solemnly accepted it, then watched nephew Anastasio sworn in as a lifetime Senator, under a tailor-made constitutional provision that awards such honor to all ex-Presidents...
...investment in Latin America totals about $3 billion,* the annual return $400 million. Favorite U.S. investment area: Cuba with $590 million (sugar); Argentina, $497 million (meat packing); Mexico, $422 million (mining); Venezuela, $399 million (oil); Chile, $388 million (copper, nitrates), and Brazil with $334 million (public utilities). Nicaragua, with only $4 million, comes last...