Word: somozaism
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Simultaneously, the IMF has not hesitated to use its resources in the political sphere. In June 1979, the IMF granted a $34 million loan to Anastasio Somoza's government in Nicaragua to aid his resistence to Sandinistan insurgents. The U.S. voted in favor of the loan. Somoza fled Nicaragua seven weeks later, looting the treasury as he left. At last report the IMF was trying to collect the loan--from the Sandinista government...
LATIN AMERICA. East German largesse has been concentrated on Nicaragua, where the revolution last year provided an obvious target of political opportunity. Barely a week after Dictator Anastasio Somoza had fled the country, East German medical and economic assistance teams were in Managua establishing an early foothold. As one East German doctor admitted at the time: "We do not leave political considerations aside." Nicaraguan Foreign Minister Miguel d'Escoto has called the GDR a "natural ally" of the Sandinista revolution, and last month a high-ranking delegation from Managua spent several days in East Berlin to sign a series...
...America has handled out arms in increasingly large numbers, presumably to forestall the Soviet menace. Some countries, like Saudi Arabia, already have the requisite bucks and simply extend the payments over a long period. For smaller outposts of democracy, such as the Marcos government in the Phillippines and the Somoza exregime in Nicaragua, the U.S. government either grants military aid, which is used for arms purchases, or extends a line of credit for 10 per cent of the purchase, and allows the remainder to be repaid as a long-term loan. Recent U.S. beneficiaries of such arrangements include Turkey, which...
...Commission on Human Rights. He has been particularly visible as president of the Inter-American Commission on Human Rights, part of the Organization of American States. In 1978 he headed a special team that investigated human rights violations in Nicaragua and issued a blistering attack on the Somoza regime. Another report is due soon on human rights violations in Argentina...
...partisanship which determines "guilt" of an international development adviser by the regime with which he "associates." In my career in the Agency for International Development (AID), I have worked with such motley regimes as those of Torrijos in Panama, Velasco in Peru, Banzer in Bolivia, Burnham in Guyana and Somoza in Nicaragua. Like most Third World countries, none of them were models of participative democracy. However, they were all serious about development; and in each of them there were people with whom I and our AID mission could work with a clear conscience in ways which might strengthen the prospects...