Word: nicaragua
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...banks have not declared these countries to be in default because the lenders hope that payments will eventually resume. "A default becomes a real mess," says one New York banker. Since the debts of Bolivia, Nicaragua and Peru are relatively small and spread out among many lenders, the banks' losses on these loans have been easily offset by healthy profits in other lines of business. Bank earnings will suffer, however, if either Brazil or Argentina falls more than a few months behind in its payments...
...people. And we are especially not going to tolerate these attacks from outlaw states run by the strangest collection of misfits, Looney Tunes and squalid criminals since the advent of the Third Reich." The President singled out as assailants the governments of Iran, Libya, North Korea, Cuba and Nicaragua. Strikingly absent from the list was any mention of Syria, a frequent U.S. nemesis...
Scruples Inventor Henry Makow had been contemplating the shift in morality from the righteous '60s to the yuppified '80s. "The baby boomers think they're very moral on issues like Nicaragua," he says, "but some of them haven't paid back their college loans. This game is an opportunity to compare notes." A Winnipeg free-lance writer, Makow has been in the question-and-answer business since age eleven, when his advice-to-parents column "Ask Henry" was syndicated in some 40 papers in the U.S. and Canada. He wants players to consider the rules of life, so the rules...
...announcement seemed partly directed at Nicaragua, which U.S. officials charge with supporting the leftist guerrillas thought to be responsible for the attack. Washington last week also issued a warning directly to the regime in Nicaragua, which was celebrating the sixth anniversary of its Sandinista revolution, saying that it would be held responsible for future attacks against Americans in the region. The State Department did not say why the first offer of a reward came in response to the Salvadoran shooting rather than to the hijacking of the TWA passenger jet to Beirut last month, after which a reward was discussed...
...wide variety of retaliatory moves. The latest of these, prompted by the June guerrilla attack on outdoor cafés in San Salvador, in which four off-duty U.S. Marines, two American businessmen and seven other people were shot dead, called for the bombing of a military base in Nicaragua. According to Administration officials, guerrillas are trained at the base, on Nicaragua's Cosigüina Peninsula for attacks on Americans. One suspect in the June attack was identified and traced to the Cosigüina camp through documents that had been captured by the Salvadoran army...