Word: gortari
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...dirty word to foreign investors, who left it to starve for development capital. Rebuilding credibility required a long stretch of austerity and the sale of inefficient state operations like banks and telephone companies, measures begun by President Miguel de la Madrid and continued by his successor, Carlos Salinas de Gortari. Salinas got foreign-debt payments down to a fraction of the annual budget and performed the ultimate miracle of lowering Mexico's inflation rate from 157% to less than 10% by last year. By 1989 the gross domestic product was growing again in per capita terms. A debt-reduction agreement...
...Latin American figures such as Argentina's Minister of Economy, Public Works and Service, Domingo Cavallo, and former Mexican president Carlos Salinas de Gortari are Harvard graduates. They've embraced, and with a degree of success implemented, liberalization and the discipline imposed by its corollaries...
...election was in large measure a referendum on the P.R.I.'s new claims to political trustworthiness and the economic policies put in place by outgoing President Carlos Salinas de Gortari -- most notably the North American Free Trade Agreement (NAFTA), which went into effect Jan. 1. Many experts had been predicting that Zedillo, the unassuming technocrat plucked from obscurity after the party's first choice was assassinated in March, would win with less than half the votes and that the restive electorate would send large numbers of opposition members to Congress. The voters disproved those forecasts and gave the P.R.I. sizable...
...National Action Party (28 percent) and third-place Cuauhtemoc Cardenas of the Democratic Revolution Party (16 percent) said they suspected the official vote totals were off because of a shortage of absentee ballots and scattered irregularities. Cardenas, who lost the 1988 election to the P.R.I.'s Carlos Salinas de Gortari, drew at least 20,000 people to a central Mexico City square on Monday to protest an election he called "a colossal fraud." He plans another rally Saturday...
...Subcomandante Marcos, summoned nearly 5,000 activists deep into the Lacandon forest in Chiapas state last week to deliver his campaign promise. In an open-air amphitheater hastily erected of logs, as storm clouds gathered overhead, Marcos issued a stern warning to the government of President Carlos Salinas de Gortari. If there is fraud in the upcoming national election, he declared, there will be an explosion of protest that will shut down Mexico. Just as he stopped speaking, a powerful downpour brought the four-day gathering to a sudden end, setting off a dangerous shower of sparks from the encampment...