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While OPIC has never lost money, it has paid off some hefty insurance claims. OPIC paid $316 million to ITT, Anaconda and 13 other U.S. firms whose property was expropriated in 1971 by Chile's Salvador Allende, but expects to recover the bulk of that from the present Chilean government. Firms driven out of Iran in 1979 have received an additional $14.5 million from OPIC, whose total liability to them could reach $40 million...

Author: /time Magazine | Title: OPIC, Not OPEC | 9/27/1982 | See Source »

...effective policy for dealing with Fidel Castro, Smith especially blasts the rigid, confrontational approach of the Reagan White House. From the start, Smith contends, the Reaganauts were obsessed with forcing Cuba to stop meddling in Central America and, in particular, to quit supplying arms to the guerrillas in El Salvador. But U.S. attempts to pressure Castro backfired; he responded by seeking more arms from the Soviet Union...

Author: /time Magazine | Title: Cuban Refugee | 9/20/1982 | See Source »

...minority groups. Wall notes that when 10,000 copies of a letter signed by the class marshals and calling for a University non-discrimination policy were distributed at Commencement two years ago no reference to this was made in Harvard Magazine, which did mention a similar protest about El Salvador...

Author: By Adam S. Cohen and Errol T. Louis, S | Title: Minority Groups Now Use Subtler Tactics | 9/13/1982 | See Source »

...fees. Beyond this, the U.S. government should support a greater role for developing countries in IMF decisions so that they may join in developing alternatives to the harsh "adjustment" program. The U.S. should also support political changes that are likely to end human rights abuses--like those in El Salvador and Haiti--that cause emigration. And the United States should support third world governments that try to control the employment and investment policies of U.S.-based multinational corporations. Even these initial steps would encounter the criticism that they promise great financial costs and no benefits for Americans. But we must...

Author: By Chuck Lane, | Title: No Answer to Nativism | 9/13/1982 | See Source »

...consumes ever bigger chunks of austere government budgets, may finally prompt reasoned debate and sensible action. What frustrates wardens most is that while prisons have probably never been more salvageable, they are too overburdened to do their business well. "All I feel we can do," says Stateville Assistant Warden Salvador Godinez, 29, "is to try to avoid debilitating these guys. Look, 95% of them are going...

Author: /time Magazine | Title: What Are Prisons For? | 9/13/1982 | See Source »

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