The leaders of other Latin American nations could well take a look at tiny Uruguay last week and draw a lesson on how to make the best of a difficult coalition. After years of government mismanagement, Uruguay's peso has been freed and is now stable, the cost of living is slowing down, and the economy is so healthy that the government could pass up a U.S. loan offer of $15 million. To make them more impressive, the accomplishments are the work of what would seem to be two political cats in a...
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