Word: zambia
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...Zambia, called Northern Rhodesia in its colonial incarnation, has begun to work hard in forming a social contract with its people. The country's story is a synopsis of some of the things that have gone wrong -- and something of an object lesson...
While the bank is shut down in most countries, B.C.C.I. is still operating in Pakistan and Switzerland, as well as in Zambia and Zimbabwe. In other countries, individuals or entities with close ties to the old B.C.C.I. seem to be buying up the bank's branches. At the same time, several Middle Eastern banks are taking over the bank's role as a promoter of weapons deals, sources have told TIME...
Jimmy Carter, 67, just off the plane after monitoring elections in Zambia, still had a remarkable spring in his step. He even flashed a bit of humor that had not been much displayed when he was in the White House. "At least all of you have met a Democratic President," he said, turning to the four Republicans. "I've never had that honor yet." As for George Bush, 67, the man with the power, he did his best to hang back, trying somehow to obscure his special importance on that day designed for Reagan...
...country's first multiparty election since 1968, voters emphatically rejected founding father Kenneth Kaunda in a landslide for the opposition. Kaunda, 67, had been President since Zambia gained independence from Britain in 1964 and led black Africa against apartheid. But his authoritarian rule and economic mismanagement led to riots and an aborted coup last year that forced him to legalize rival parties...
...President is Frederick Chiluba, 48, chairman of the 300,000-member Zambia Congress of Trade Unions. He campaigned on a platform of democracy and human rights, vowing to replace the bankrupt socialist economy with a free market. At election rallies he demanded of supporters, "Are you ready to sweat for Zambia?" His answer came in the form of 80% of the votes cast...