Word: rauling
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...early last week, Menem's economic medicine was already showing some positive effects. On Monday the black-market rate for dollars dipped below the official exchange rate for the first time since the austral plan was implemented by former President Raul Alfonsin in 1985, demonstrating credibility in the currency's new valuation. Investors and bankers were favorably impressed by the seriousness of the Peronist leader's austerity plan, which prompted the Buenos Aires stock exchange to rise 6.5% in a single day and sent monthly interest rates down 44 points...
...Republic medal, the military's highest honor. Last week Ochoa was removed as a full member of the Communist Party Central Committee and an elected delegate to the National Assembly. The move against Ochoa may have been personal as well as symbolic. His popularity may have threatened Defense Minister Raul Castro, who is expected to succeed his brother as the country's chief power broker...
...upheaval began two weeks ago, with isolated outbreaks of looting in several provincial capitals. Widespread food riots broke out in Rosario (pop. 957,000) early last week, after lame-duck President Raul Alfonsin announced his fourth emergency economic plan of the year. Roving crowds, described by police as a mixture of the hungry, the criminal and the opportunistic, overwhelmed poorly prepared local police. Stores not gutted by looters closed their doors, creating widespread food shortages. The unrest then spread to the volatile working-class suburbs of Buenos Aires...
...Raul Perez, Fidel Vargas, RAZA...
...cities, hundreds of police officers and mayors have deserted their posts after receiving death threats from terrorists. In the area around Huancayo, the capital of Peru's breadbasket department of Junin, Sendero Luminoso is locked in a battle for dominance with the Cuban-oriented M.R.T.A. rebels. The city, says Raul Gonzalez, a sociologist and expert on the Sendero Luminoso, "is now the critical spot to Sendero's future." From there, the Shining Path, which already controls at least one-third of the countryside, intends to take Lima, only 120 miles away, by encircling it and cutting it off from...