Word: gortari
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...under increasing pressure to find a solution to the debt crisis. Last year Mexican President Carlos Salinas de Gortari won election by the narrowest margin in his party's 59-year history over left-of-center candidate Cuauhtemoc Cardenas. In Brazil left-wing parties have mounted a serious challenge to President Jose Sarney. And a nationalist party in Argentina could win the presidential elections...
Only last December, prominent Mexican stockbroker Eduardo Legorreta Chauvert was an honored dinner guest of President Carlos Salinas de Gortari. But these days Legorreta is a guest of the Reclusorio Oriente jail in Mexico City, where he has been held without bail since Feb. 14 on charges that he traded in bogus government treasury certificates, as well as other allegations of securities fraud. Legorreta, chairman of the go-go brokerage firm Operadora de Bolsa, is the government's biggest catch in a long-awaited crackdown on irregularities in the Mexican stock exchange, La Bolsa...
...raid, coming just over a month after President Carlos Salinas de Gortari took office following a campaign that promised major political and economic reforms, fueled speculation that Hernandez's arrest was the government's opening shot in its efforts to control the country's powerful unions. For much of its 59 years, the ruling Institutional Revolutionary Party (P.R.I.) has given considerable autonomy to union leaders in exchange for industrial peace and delivering votes at election time...
...implications could be explosive. Three days after President Carlos Salinas de Gortari announced the belt-tightening measures last month, hundreds of government workers demanding pay increases stormed the legislature shouting antigovernment slogans. Thousands more demonstrated in the streets of the city. At his inauguration Salinas, who won a clouded election by the narrowest margin in the 59-year history of the ruling Institutional Revolutionary Party, again called for a reduction in Mexico's debt payments. "The interests of Mexicans," said he, "come before those of the creditors." Yet Salinas' ability to curb his country's debt burden is severely handicapped...
Talk about short honeymoons. Carlos Salinas de Gortari, Mexico's newly elected President, was about to drape the sash of office over his shoulder last week when the disruptions began. As several hundred guests looked on in Mexico City's Legislative Palace, 139 legislators who supported Cuauhtemoc Cardenas, the nationalist candidate who came in second in last July's elections, marched out. Then about 30 members of the right-wing National Action Party raised placards reading SIX YEARS OF FRAUD...