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...approach is part of a broad strategy of combatting Communist, specifically Cuban, influence in a region where, says the Venezuelan foreign ministry's Leopoldo Castillo, "during most of the 1960s and 1970s virtually all social change was linked to Havana's influence." Venezuela and Cuba have seldom been easy with each other in recent decades; their relationship turned positively chilly last year after Cuban police shot at refugees seeking political asylum inside the Venezuelan embassy in Havana. Caracas withdrew its ambassador in protest...
...firm has always had a special mystique. The company for years had an unwritten dress code that required executives to wear white shirts. Employees posted THINK signs in their offices, and even jointly sang a company song, Hail to IBM* By paying high wages, promoting mainly from within and seldom laying off workers, IBM kept unions out of the company's manufacturing plants and fostered an atmosphere of close-knit camaraderie...
...Though seldom a leader in technology, IBM built a superlative marketing and service organization. By the early 1970s, it commanded 60% of the world computer market. IBM was also the go-go stock of Wall Street's go-go years in the '60s, selling in 1968 for a stunning 66 times annual earnings...
...billed at the time as a bold stroke to free Canada's $40 billion oil and gas industry from foreign domination. In fact, seldom has a single governmental action more thoroughly disrupted a country's economy than has the National Energy Program put forth last October by the government of Canadian Prime Minister Pierre Trudeau...
...handily with 88% of the vote. But Marcos may face his greatest threat because of Dewey Dee, a textile magnate who fled the country eight months ago and left behind more than $80 million in debts. The incident threw Philippine financial institutions into turmoil and exposed as seldom before the cronyism and corruption that has characterized the Marcos government's relationship with business...