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...move is well in keeping with the modernization campaign pursued by President Carlos Salinas de Gortari since his inauguration three years ago. He has sought a reconciliation with the church as part of his effort to encourage political pluralism, while scaling back the appearance of undue influence by his ruling Institutional Revolutionary Party. The reforms also serve Salinas' new fiscal laws, which are to be implemented next year. Now even members of the clergy will have to pay income taxes...

Author: /time Magazine | Title: Mexico: A Reprieve for the Church | 12/30/1991 | See Source »

...Mexican President)) Carlos Salinas de Gortari has said Mexico wants Asian investment," says Clyde Prestowitz, president of the Economic Strategy Institute, a Washington think tank. "He wants it in high-value-added, high- technology industries ((that will)) be exporting to the U.S. What we emphatically don't want to do is to make Mexico safe for Japanese investment." Prestowitz' solution is for the U.S. to induce foreign investors to export certain percentages of what they make in Mexico to third countries...

Author: /time Magazine | Title: Treaties: From Yukon to Yucatan | 6/3/1991 | See Source »

Next to Chile, Mexico enjoys the best odds of making privatization work. Former President Miguel de la Madrid sold the Aeromexico national airline for $193.8 million to a group of Mexican investors in 1988. Sales took off after Carlos Salinas de Gortari became President later that year. Mexicana, the other state-owned airline, was sold for $140 million to a consortium including Mexico's Group Xabre conglomerate and the Chase Manhattan Bank. Next to hit the auction block was Cananea, one of the largest copper mines in the western hemisphere, sold last summer for $475 million to Mexican copper baron...

Author: /time Magazine | Title: A Global Fire Sale | 4/22/1991 | See Source »

Last week the worsening conditions prompted Mexican President Carlos Salinas de Gortari to step up his antipollution campaign by shutting down the giant oil refinery at Azcapotzalco in northwestern Mexico City. In operation since 1933, the facility had provided 34% of the city's gasoline and 85% of its diesel fuel. But it also spewed as much as 88,000 tons of contaminants into the atmosphere each year and was responsible for up to 7% of the city's industrial air pollution...

Author: /time Magazine | Title: Mexico City's Menacing Air | 4/1/1991 | See Source »

Unlike his predecessor, Miguel de la Madrid Hurtado, Mexico's President Carlos Salinas de Gortari seems determined to crack down on the drug lords. In the past 21 months, federal judicial police have confiscated 80,000 kilos of cocaine, more than was seized during De la Madrid's entire six-year term. But the offensive could stall. Last month Salinas announced the resignation of his drug czar, Javier Coello Trejo. Reason: alleged human-rights abuses by police, including murders...

Author: /time Magazine | Title: Meanwhile, In Latin America | 12/3/1990 | See Source »

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