Word: progreso
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...people don't have to be in Steinard's--or Miller's--straits before they cross borders for care. Retirees, especially the snowbirds who winter in South Texas and Arizona, have turned Mexican towns like Nuevo Progreso (pop. 9,125; dentists, 70), in the Lower Rio Grande Valley, and Los Algodones (pop. 15,000; doctors and dentists, 250), near Yuma, Ariz., into dusty dental centers. Los Algodones might rake in as much as $150 million during the winter season. People from Minnesota and California arrive in chartered planes to get their teeth fixed in these dental oases. Two California insurers...
...bank failures came seven weeks after the government seizure of another institution, Banco Progreso, with losses initially estimated at $635 million. After auditors took a close look at the books, the red ink nearly doubled; it may wind up totaling more than $2 billion...
...warrant was issued last week for Ricardo and 18 other former Banco Latino directors, this time for embezzling public funds. The new charges carry a prison sentence of two to 10 years. - Orlando Castro, a Cuban refugee who owned businesses in half a dozen countries, including the failed Banco Progreso and Banco Republica and 42 Venezuelan radio stations. He has lost all his Venezuelan holdings, which he had pledged as collateral for government loans to the banks. Charged with having violated an order not to leave Venezuela, Castro says he departed because the Caldera government's suspension of civil liberties...
Nevertheless, Theroux includes some passable anecdotes, like one on the inappropriate naming of South American cities: "None of the Lagunas Verdes was green...Progreso in Guatemala was backward; La Liberated in El Salvador, a stronghold of repression in a country where salvation seemed in short supply." And his descriptions of the class stigmas on the trains and his interview with Argentine writer Jorge Luis Borges are superb...
Prayer parodies also seem to be in vogue in Castro's Cuba. Last week Radio Progreso in Havana broadcast an interview with a campesino named Apolinar Hernandez, 60, who out of gratitude for his new life since the glorious revolution is teaching his children a prayer of thanksgiving to the bearded Maximum Leader...