Word: argentinas
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...homes. The decision to go heavily into videophones is a gamble along the lines of the Minitel giveaway, which cost the treasury more than $1 billion. But France is well positioned to be a major player in tomorrow's telecommunications market. It has already signed contracts with Mexico, Argentina and Britain...
...northeastern shuttle and other assets -- for just $260 million, about what the shuttle alone would have cost a year ago. Even as Delta was announcing its coup, United Airlines was circling over the remains, negotiating to buy Pan Am's extensive Latin American service to Mexico, Brazil, Argentina and other countries. If that sale is completed, Pan Am, which inaugurated international air service 64 years ago, will consist of little more than desks, computers and debts...
Five weeks after its glamorous film festival, the French Riviera town of Cannes once again becomes the scene of a major international competition. Top filmmakers from around the world -- from Argentina to Yugoslavia -- offer their work. World-class directors like Ridley Scott and Spike Lee capture the moment. Performers from Madonna to Mickey Rourke play to collective fantasies. But this time there is one crucial difference: most of the movies flash by in 15 to 90 seconds...
Quayle's real mission called for considerable diplomatic skill. He lobbied Venezuelan President Carlos Andres Perez to increase his country's oil production to make up for any shortfall resulting from the disruption in the gulf. Then, in two separate meetings, he pressed the leaders of Brazil and Argentina to stop transfers of ballistic-missile technology to Iraq. Within days, all three nations had complied with Quayle's requests...
...World, countries like Mexico appear to be good bets. The Mexican government directs at least some of the proceeds from asset sales into improving education, health care and a crumbling infrastructure -- investments intended to pay off in future economic development. Using the money to pay off foreign debt, as Argentina has done, seems a riskier course. Unloading national assets without attracting new capital is somewhat akin to an individual's selling his house to pay for a new automobile. When the car finally breaks down, there is no nest egg to finance...