Word: herzog
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Dates: during 1980-1989
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...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 Minister Jesus Silva Herzog, whose country's financial condition has been devastated by falling oil revenues, rushed to Washington to seek aid in closed-door meetings with Federal Reserve Chairman Paul Volcker, Secretary of State George Shultz and Treasury Secretary James Baker. Meanwhile, Peru suddenly withdrew its gold, silver and cash reserves from...
...going through an emergency, a very real one." So said Mexico's Finance Minister, Jesus Silva Herzog, as he emerged from a conference on the international debt crisis in London last week. Silva Herzog was not alone in that assessment. In the Caribbean resort town of Cancun, his boss, Mexican President Miguel de la Madrid Hurtado, was closeted for 13 hours with Venezuelan President Jaime Lusinchi to discuss the plummeting world oil prices that are squeezing their heavily indebted economies. The two issued a communique expressing their "profound concern" over conditions in the oil market, which, they said, created...
...flood of oil revenue dries up, another kind of wrenching social and political retrenchment is under way among the oil producers, and the risks for world order and stability are unpredictable. If concerned countries, including the U.S., do not act, as Mexico's Silva Herzog put it, with "speed and wisdom," the deepening plight of the former petropowers may lead to upheaval...
...baseball begins handing out its spoils, Whitey Herzog has been named Manager of the Year by the Associated Press, and Joaquin Andujar has been awarded a ten-day suspension by the commissioner. Neither was still in his St. Louis uniform when the Cardinals finished their season sourly, losing control of both the Kansas City Royals and themselves, 11-0, in a World Series whose major miscalculation was scheduling the seventh game sixth...
...they really were pressing a grudge against American League Umpire Don Denkinger, who had made a fatal "safe" call at first base the night before. "I totally agree maybe he wasn't safe," allowed Denkinger decisively after viewing the replay. Branding American League umps "prejudiced" against National League teams, Herzog seemed to despair then and there. "We got as much chance of winning (tomorrow) as a monkey...