Word: state-run
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...mark initially, stopping inflation but nearly halting business as well. In the process, he has angered Big Business, alienated much of the middle class, and invited the risk of a major recession. He has also provoked the wrath of Big Labor, as evidenced last week by strikes at a state-run steel plant outside Rio de Janeiro and at the main Ford auto factory near Sao Paulo. Now Collor must scramble to reaffirm his popular mandate, while at the same time staving off public demands to push his rigorous program off track. Can he do it? Warns Brazilian political scientist...
...recent unrest began on July 2, with a peaceful walkout of government employees that gradually shut down state-run banks, closed the national airport and halted public transportation. When talks to end the work stoppage failed and the government pronounced the strike illegal, union leaders vowed to step up the pressure. That threat brought extremists from both sides into the streets, resulting in the most violent political clashes in the capital since the 1979 insurrection that gave the Sandinistas power...
Meanwhile, Polish television viewers have become accustomed to glitzy commercials for Benetton sportswear on Poland's two state-run channels. The 30-second spots were placed by Italian media magnate Silvio Berlusconi, who operates Italy's three largest private TV stations and controls the most extensive film library on the Continent. Berlusconi receives a placement fee from Benetton, which has established two stores in Poland...
...available. Prague, which has 6,000 tourist-class beds, needs to double its capacity if it is to begin to cope with demand. It is as bad, if not worse, in Budapest. "We just can't keep up with the boom," says Gyorgy Szekely, vice president of Ibusz, the state-run travel company. "We need more of everything." Given the accommodations shortage, the best advice for tourists is to set out with confirmed reservations...
Like Vargas Llosa, Cambio's leader advocates generally conservative policies. To stop the hyperinflation that now races ahead at nearly 3,000% annually, he favors a return to free markets. But unlike Vargas Llosa, he does not want to privatize all of Peru's 138 state-run enterprises. In the U.S.-based war on drugs, Fujimori would not eradicate Peru's vast coca-growing areas with herbicides, but would train farmers to plant replacement crops such as achiote and coffee. He also told TIME, "I'm not going to dialogue with the Sendero," the Shining Path guerrillas who roam freely...