Word: calder
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President Felipe Calderón is also critical of the media spotlight shining on Mexico. He was particularly incensed when Forbes magazine included Mexican drug trafficker Joaquin (El Chapo) Guzmán on its richest list - he was put at No. 701, with an estimated net worth of $1 billion. "Magazines are not only attacking and lying about the situation in Mexico but are also praising criminals," he said in March, following the Forbes choice. (TIME later went on to include Guzman in its TIME 100 list, noting that criminals are, unfortunately, influential in today's world.) (See pictures...
...Calderón is particularly concerned about the nation's image because of the bottom line. In 2008, foreign tourists spent $13.3 billion in Mexico, the third biggest source of foreign income after remittances and oil exports. This year all three of these moneymakers are being clobbered. While the price of petroleum nose-dived with the crisis, the recession north of the border pushed Mexican remittances down 18.6% in April compared with the same time last year. To add to these woes, Mexico's manufacturing sector has been battered by a drop in spending in the U.S. In total...
Following Félix Gallardo's arrest, some observers and journalists expressed hopes that Mexican drug gangs would be obliterated. But in the two decades of his incarceration, bigger and bloodier cartels have emerged, unleashing decapitations, massacres and pitched battles in town centers. Since President Felipe Calderón took office in December 2006, there have been more than 10,000 drug-related slayings. In his prison scrawlings, Félix Gallardo argued that fighting poverty would be the best way to stop young people from joining the ranks of cartel foot soldiers. "Today, the violence in the cities needs...
...Honduras and Costa Rica join energy alliances with left-wing Venezuelan President Hugo Chávez. "I think this shows that, at least in countries where the democratic rules of the game are accepted, more right-of-center politicians like [President Alvaro] Uribe in Colombia or [President Felipe] Calderón in Mexico can, of course, compete in Latin America," says Susan Kaufman Purcell, director of the Center for Hemispheric Policy at the University of Miami. "If they display a social component, especially a concern for poor people, then a responsible and competent businessman like Martinelli is a strong alternative...
...Mexican Health Minister Jose Angel Cordova warned his countrymen Saturday evening that it's "premature to say we've passed the [outbreak's] most worrisome moment." But the positive flu-containment news coming from the government may well put public pressure on Calderón to let businesses like restaurants open sooner than the end of the long Cinco de Mayo weekend on Tuesday. With few people on the streets on what is usually a bustling Mexico holiday, businessmen like taxi driver Francisco Diaz are chafing. "I've been driving all day and all I've got to show...