NEWS
By Linda Turbyville | March 18, 1994
THOSE 2,000 rebels who emerged from the rain forest of southern Mexico two months ago and declared war on the government of President Carlos Salinas de Gortari have forced at least the promise of election reform and the recognition by the ruling party that many Mexicans live in crushing poverty.These are remarkable developments in light of Mr. Salinas' initial order to "clean out the jungle area of miscreant extra-nationals," two of whom I encountered many years ago on a drive through the Chiapas highlands with my three young children.
NEWS
April 28, 1992
Scapegoats are important. You cannot have a disaster without one. Sometimes that helps, and sometimes hinders, the search for the root causes, the effort to prevent recurrence.Chicago's Mayor Richard M. Daley fired three officials for the April 13 pouring of the Chicago River through a 50-mile tunnel system into downtown basements, knocking Chicago for a loop. He has had the heads of the acting transportation chief, the chief bridge engineer and a project engineer and is seeking removal of two others.
BUSINESS
By John M. McClintock and John M. McClintock,Mexico City Bureau of The Sun | March 19, 1991
MEXICO CITY -- Bowing to national and international pressures, President Carlos Salinas de Gortari closed a polluting oil refinery yesterday, while U.S. officials for the first time confirmed that loan guarantees to the state oil monopoly -- a major player in the anti-smog campaign -- could go as high as $6 billion.The refinery closing and the loan guarantees come at a time when both countries are under mounting pressure to do something meaningful about Mexico's horrendous pollution problems.
NEWS
By MARLA DICKERSON AND CARLOS MARTINEZ and MARLA DICKERSON AND CARLOS MARTINEZ,LOS ANGELES TIMES | June 18, 2006
MEXICO CITY -- If you think paying $3.50 for a gallon of gasoline in the United States is a hardship, consider Mexico, where motorists are really getting stiffed. Nine in 10 gasoline stations in Mexico have rigged their pumps to dispense less than what their meters promise, according to federal authorities, who calculated that purloined petrol cost consumers at least $1 billion last year. Random checks have revealed that the average retailer, known here as a gasolinero, skims a little more than a liter of gasoline for every 20 sold.
NEWS
By John M. McClintock and John M. McClintock,Mexico City Bureau of The Sun | November 28, 1990
MONTERREY, Mexico -- The Bush administration yesterday announced a proposed $1.5 billion loan guarantee aimed at increasing Mexico's dwindling oil reserves.The announcement by Treasury Secretary Nicholas F. Brady capped a two-day meeting between Mr. Bush and President Carlos Salinas de Gortari.Both presidents saw no impediments to a proposed U.S.-Mexico free trade agreement that is expected to be negotiated after getting a congressional go-ahead in the spring.Mr. Salinas de Gortari has expressed fears that an agreement might be defeated in Congress as the United States heads into a recession.
BUSINESS
By New York Times News Service | February 21, 1995
MEXICO CITY -- Responding to pressure from the United States, Mexico's central bank announced yesterday that it was raising already high short-term interest rates a further 10 percentage points, pushing the rate on some government debts to 50 percent.U.S. officials have insisted that Mexico tighten its credit substantially and reduce its money supply as part of the conditions of $20 billion in U.S. assistance proposed by the Clinton administration.An official at the Mexican central bank said yesterday that the decision to increase interest rates "arose from the negotiations between Mexico and the United States" continuing in Washington, and the sharp declines in the value of the peso at the end of last week.