Word: rico
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Dates: during 1970-1979
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Only a couple of years ago, Puerto Ricans could afford a sunny air of self-satisfaction. Businesses lured by tax benefits and tourists attracted year round by the cool sea and warm weather caused the island's economy to flower brightly. Now Puerto Rico is clouded by recession. Once-thriving garment and shoe industries are suffering from foreign competition, agricultural employment has plunged (soaring costs and shrinking markets soured the sugar industry), and the jobless rate has risen to 13%. Migration to the U.S. mainland, which declined during the boom years, is swelling again. The most obvious sign...
...more than 1,000,000 visitors went to Puerto Rico, spent about $230 million and created employment for more than 10,000 workers. Since then, if only because of inflation, income from tourism should have jumped. But it has declined steadily to $223 million last year. So far this year, it is running an estimated 7% below 1970. Prospects are even bleaker for the summer season, normally a busy period for Puerto Rican tourism. The once crowded, palm-fringed beaches near San Juan hotels are now lightly used and cluttered with litter; some are badly polluted. Warning signs along...
...many other parts of the Caribbean, tourism in Puerto Rico has been crimped by the U.S. recession and competition from cheap group-rate air fares to Europe. Another factor is the increasing violence in the fight between proponents and opponents of Puerto Rican independence from the U.S. When urban guerrillas bombed seven stores in San Juan one night last month, 1,400 conventioneering pharmacists were persuaded to remain only after police and politicians gave them assurances of protection...
There will be a teach-in Wednesday at 8 p. m. in the Sala de Puerto Rico, M. I. T. Student Center, to discuss Polaroid's involvement in South Africa...
Speakers at yesterday's Anti-imperialist Teach-In directed their attention to the national liberation struggles currently being waged in Indochina, southern Africa, and Puerto Rico, and agreed that the road towards victory would be long and arduous...