The two major companies, U.S. based Standard oil and British-based Mexican Eagle, were chary about the nationalist noises from Mexico City.
i always think "chary" just means "wary" and i guess it's not too far off
As if testing Uslar-Pietri' s thesis, in December 1936, the oil workers at the Maracaibo fields went on strike for better daily wages, better housing, and salary parity between Venezuelans and foreigners; the regime joined with the oil companies to refuse the demands, sent in the police, and decree…
[...] Monies spent on the military do not create a multiplier effect on the rest of the economy in terms of social development. Indeed, military expenditure in the Third World distorts the national economic pledge to reverse the imperial drain and create a national economy whose incentive is soci…
Despite this massive growth, the PKI under Aidit did not make any move to take state power. The labor unions seized control of Dutch owned firms in late 1 957, but that was as far as they would go. In 1 957-58, in Sumatra and Sulawesi, the military and the right wing joined together to create libe…
they had to be deposed by an alternative ruler or else a constitutional movement from below that traduced the posture of the Pentagon's modernization attempts.
