Colombia: Taking a Stand

Colombia last week underwent one major disaster and was saved from another. In rapid succession, two earthquakes rolled across the country, turning buildings into rubble in country towns, shaking up the terrified capital of Bogotá and causing 83 deaths and millions of dollars in damage. It was the country's worst earthquake in half a century. But it was hardly worse than the disaster that formed when the week began: almost certain financial collapse. Coffee is Colombia's life (it accounts for 70% of all foreign exchange), and a 10% drop in world coffee prices in the past six months contributed to...

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