Word: socialists
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Dates: during 2000-2009
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...More than 250 miles (400 km) downriver, China Inc. is also reshaping Laos' riverside capital, Vientiane. The landlocked nation has been shunned by many international investors as one of the world's last remaining hard-line socialist regimes. But what others consider a pariah state, China sees as an ideological soul mate and business partner. The biggest thoroughfare in Vientiane, as well as the capital's main park and the National Cultural Hall, were all built with money given to the city by the Beijing government. More than 3,000 Chinese laborers are also busy constructing a national stadium...
...Then there's the economy, one of the poorest in the world. After 30 years of self-imposed isolation and ruinous quasi-socialist policies, the junta reversed course in the early 1990s, privatizing businesses, welcoming foreign trade and investment, and seeking international aid. But the West began to impose debilitating sanctions, and the threat of boycotts kept most international companies away. The World Bank and the International Monetary Fund were prevented from helping. Around the same time the Burmese discovered a treasure trove of natural gas, worth hundreds of billions of dollars, sitting offshore. The net result? A Burmese regime...
...Beyond the overt animal rights conflict, however, the situation may not be so simple. The latest round of controversy followed a story that El Mundo, a conservative daily lately devoted to accusing the Socialist government of undermining Spain's traditional values and identity, ran earlier this week. Yet TVE's decision is more than two years old and arguably has more to do with a 2004 code that prevents violence on public television during hours when children are likely to watch than with an anti-bullfighting agenda...
...good times ended in 1957 when New Delhi's socialist government granted itself sole development rights for the city, forcing private firms out of the business. By then, Singh had married into the family. The son of landlords as well, he had studied aeronautical engineering in Britain before returning home as an officer in the Indian army. By the time he joined his father-in-law's business in 1960, real estate development work had dried up completely. Instead the company tied up with two U.S. firms to manufacture electric motors and automotive batteries. The joint ventures eventually foundered...
...Either way, Chavez can't yet be fingered as the new Fidel Castro. "For one thing," says Jones, "the Venezuelan people would never accept it. Chavez does want to create a more equitable society, even a socialist society, but I think he can only create a mixed economy. He inherited a very capitalist-minded country that has always aped U.S. culture." But nor can Chavez be stroked for leading, as he claimed this week, "a democracy more alive" than any "on this planet." As Escarra stressed, the democrats of the world shouldn't freak out over Chavez. But, Hugo being...