Word: socialists
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Dates: during 2000-2009
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...peskily powerful Congress to worry about, for one thing; what the Chinese government wants in the way of policy, it gets. Christopher Wood, chief Asia strategist for the brokerage and investment firm CLSA, says the fact that China's economy is a hybrid of capitalism and a socialist command economy has given the government much greater flexibility to intervene. Beijing more or less ordered Chinese banks to increase lending in response to the global financial meltdown. Wood, a former journalist well known for predicting the bursting of Japan's bubble 20 years ago, says he expects the beneficial effects...
...York Times, made Americans and Castro feel better about each other. These hopeful feelings and possibilities of friendly relations between the two countries were nevertheless quickly dispelled. In 1960, ties severely worsened as Cuba increasingly supported the Soviet economy. By 1961, Castro had declared Cuba a socialist state and abolished free elections. Confrontations such as the Bay of Pigs Invasion and the Cuban Missile Crisis revealed the deep tensions that had quickly developed since Castro departed Harvard a few years prior. Today, the United States still holds a trade embargo against Cuba. Travel restrictions also hinder the exchange of ideas...
...Secretary General José Miguel Insulza, a moderate socialist and former Chilean foreign minister nicknamed El Panzer for his tanklike drive, has actually strengthened the OAS's influence since being elected secretary-general in 2005 - the first winning candidate, in fact, who wasn't regarded as "Washington's man." Last year, for example, he played a key role in quieting war drums in the Andes when a crisis broke out among Colombia, Ecuador and Venezuela over leftist guerrillas and territorial sovereignty. But he also took heat last fall for what critics called an all too OAS-like soft response...
...China. Some in the CPI-M foster a sense of solidarity with the land of Mao that Beijing has never reciprocated. "There is some kind of strange blindness to China," says Nigam, the former CPI-M member. "I don't even know how [the Communists] still see it as socialist. China is not in any way different from any other one-party, authoritarian state...
...ideas have lasted," says Bhalla. "But now we are graduating to a sort of center-space like in Western democracies." Few can speculate the Communists' way forward - the CPI-M's central committee is set for a rancorous showdown in New Delhi next month. Nigam hopes the socialist revival in Latin America can offer ideas and inspiration for a movement in India that is short on both. But the days when the specters of a fading ideology line entire city streets may be truly numbered...