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Politicians in space: priceless. (Trade Talk).

By Brown, Greg
Publication: Latin Trade
Date: Monday, July 1 2002

AOL-Time Warner, the U.S. mega-media conglomerate, reported a US$54 billion loss in the first quarter of 2002--the largest one-quarter drop in U.S. corporate history. What could shareholders have bought instead with all that cash? In Latin America, quite a lot.

100% of Sao Paulo's 1 million street kids could get U.S. university degrees

37% if you sent them to Harvard

22% of Latin Americans could attend World Cup final (decent seats, no travel)

2.2 years' worth of remittances from all Latin Americans abroad to their home countries

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