GUATEMALA: Unifruit Under Fire

The United Fruit Co. is a $500 million enterprise. Its annual net earnings are greater than the national budget of any of the Central American countries in which it grows its big, sweet Gros Michel bananas for the U.S, and Europe. Years ago, the company used to operate in Guatemala and elsewhere with all the freewheeling methods that characterized the era of "dollar diplomacy." Since then, however, Unifruit has changed with the times, becoming a model big employer in the Caribbean. Paradoxically, Unifruit's reforms have only brought it under heavier attack by...

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