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By 1950, the United Fruit Company's (now Chiquita) annual profits were 65 million U.S. dollars, [b] twice as large as the revenue of the government of Guatemala. [54] The company was the largest landowner in Guatemala, [ 55 ] and virtually owned Puerto Barrios , Guatemala's only port to the Atlantic , allowing it to profit from the flow of ...
In 1901, the government of Guatemala hired the United Fruit Company to manage the country's postal service, and in 1913 the United Fruit Company created the Tropical Radio and Telegraph Company. By 1930, it had absorbed more than 20 rival firms, acquiring a capital of $215 million and becoming the largest employer in Central America.
The Banana Massacre (Spanish: Matanza/Masacre de las bananeras [1]) was a massacre of workers of the United Fruit Company (now Chiquita) that occurred between December 5 and 6, 1928, in the town of Ciénaga near Santa Marta, Colombia.
The United Fruit Company was formed on March 30, 1899, the result of a merger between the nearly bankrupt Tropical Trading and Transport Company and Boston Fruit. On its formation, United Fruit
Several factors besides the lobbying campaign of the United Fruit Company led the United States to launch the coup that toppled Árbenz in 1954. The US government had grown more suspicious of the Guatemalan Revolution as the Cold War developed and the Guatemalan government clashed with US corporations on an increasing number of issues. [100]
By the 1930s, the United Fruit Company owned 1,400,000 hectares (3.5 million acres) of land in Central America and the Caribbean and was the single largest landowner in Guatemala. Such holdings gave it great power over the governments of small countries, one of the factors confirming the suitability of the phrase "banana republic".
The Guatemalan genocide, also referred to as the Maya genocide, [3] or the Silent Holocaust [7] (Spanish: Genocidio guatemalteco, Genocidio maya, or Holocausto silencioso), was the mass killing of the Maya Indigenous people during the Guatemalan Civil War (1960–1996) by successive Guatemalan military governments that first took power following the CIA instigated 1954 Guatemalan coup d'état.
Retired Guatemalan colonel Juan Ovalle Salazar was sentenced to 20 years in prison on Thursday for his role in the massacre of 25 Indigenous people, mostly children, some 40 years ago during one ...