Word: estee
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Dates: during 1980-1989
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Not long ago, moneymen started to look upon Latin America's ominous $370 billion debt load as the crisis that went away. The borrowers were gamely trying to make their payments and shape up their economies. But last week several Latin countries sent out new distress signals. Mexico's Finance...
While most bankers might concede some of those terms rather than see Mexico default, they are concerned that whatever they grant one country will be demanded by the others. Indeed, the ministers who convened at Punta del Este issued a communique demanding "significant changes in existing agreements, in particular with...
NO PARKING EN ESTE DRIVEWAY reads a sign in Miami, and motorists know exactly what it means. In Los Angeles, shopkeepers do not miss a beat if a customer asks, "Donde esta la panty hose?" When a newly arrived Manhattanite asks his neighbor, "Tienes un VCR?" the reply is immediate...
Este Richardson Silver Spring, Md.
The talks went nowhere until Jesuús Silva Herzog, Mexico's Finance Secretary, suddenly suggested a multinational loan for Argentina. Everyone liked the idea, and by the time the Punta del Este conference broke up on Wednesday, the U.S. Treasury was taking the lead in hammering out the...