Word: yanqui
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Dates: during 1960-1969
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Peruvians continued to be rankled because the Yanqui company owned the fields instead of merely operating them under a government concession. In his 1963 presidential campaign, Belaúnde promised to expropriate the fields but backed down after his victory. A year ago, his government began claiming that IPC owed $144 million in back taxes, the total amount of profits that the company earned in Peru during the previous 15 years. Then the two sides struck the August compromise: Peru would take ownership of the fields, but IPC would help operate them under contract. Simultaneously, the government scrubbed...
...trouble began when U.S. Ambassador Sol M. Linowitz openly announced that the U.S. supported Plaza, confident that Plaza had the votes wrapped up in the OAS Council. Seeing a good issue, Panama's Ambassador Eduardo Ritter Aislan immediately lashed out at Yanqui pressure, rallied support for his own candidacy and on the first ballot managed to prevent Plaza from getting the 15-vote majority that he needed for election. When the voting was still deadlocked after three more ballots, the Council declared an eleven-week "cooling-off" period. In the end, Ritter defeated himself by calling a special session...
...member of the Castroite Rebel Armed Forces (FAR)-and the boyfriend of the murdered beauty queen. The next morning, the FAR issued a brief bulletin, claiming credit for the murders of Webber and Munro, and posthumously congratulating Castillo as the triggerman who had "brought to justice the Yanqui officers who were teaching tactics to the Guatemalan army for its war against the people...
...same time, the visitors have much to learn about a side of Yanqui life that gets little publicity south of the border. One of the group, for example, is Estela Devoto, 22, a brown-eyed, bang-topped daughter of a wealthy Buenos Aires architect, who has worked as a welfare volunteer and is eager to fight poverty in the rural U.S. Her only exposure to the countryside to date has been on her father's 8,000-acre estancia 250 miles from Buenos Aires, where she rides a caballo criollo-an Argentinian equivalent of the American cow pony-among...
After decades of prosperity that made it synonymous - often unfairly - with Yanqui imperialism, United Fruit Co. suddenly found itself with a host of overripe problems in the late 1950s. In fact, concedes Herbert C. Cornuelle, 47, who last month became president of the world's largest banana grower and marketer: "The reason we look so good now is that it was awfully bad before it got better." As that appraisal guardedly suggests, United Fruit has made a rather striking comeback...