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...justice among Mexican people that Cardenas has identified with in a very mystical and mysterious way. He has become a symbol in a nation that has the most flagrant inequalities and injustices of any nation in Latin America, if not in the entire Third World. We are not the poorest country, but we are the most unequal. Cardenas has become a symbol of the desire for equality in Mexico, or less inequality, and a symbol of the defense of the nation in a country where this nationalism question has always been terribly important. If he runs, he will...
...arch- Republican Ronald Reagan, the U.S. spent so much more than it collected in revenues that it became the world's No. 1 debtor. Says C. Fred Bergsten, the director of the Institute for International Economics in Washington: "The richest country in the world is competing with the poorest for the pool of available capital. American indebtedness tends to drive up U.S. interest rates, which in turn drives up the cost of loans to other nations, which threatens to wipe out the benefits that Nick Brady has made possible." Meanwhile, the U.S. trade deficit is provoking protectionism, which would make...
...price of that failure is immense. Nicaragua is a wreck, inhabited by despair. A report secretly commissioned by the Sandinistas confirms the country's plight: with an annual per capita income of $300, Nicaragua is possibly the poorest country in the western hemisphere. Unemployment may reach 30% this year. Those who have skills to sell and some place to go get out: more than 10,000 have joined the contra counterrevolution, and at least 250,000 out of the population of 3.5 million have fled, many...
SOCIOLOGIST Norbert Lechner has noted that revolutions in Latin America have not occurred in countries with the worst histories of human rights abuses; nor have they occurred in the poorest. Instead popular revolutions have succeeded with widespread support behind a class-unifying cause, namely, independence from a government controlled economically, and to a large extent politically, by the United States...
...peninsula neighbors and dissipated their power in vicious infighting among tribal and political factions at home. Between 1967 and 1986 the top party leadership changed five times, each regime more radical than the last. For its unflinching march down the socialist road, South Yemen won high ranking among the poorest nations on earth...