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...when Correa, a master at using anti-yanqui bluster to domestic political advantage, last year told the Americans he would no longer accept their veto privilege regarding the top brass of the Anti-Contraband Operations Unit. Nevertheless, early last month, Astorga sent his letter to National Police Commander Jaime Hurtado - informing the top cop not only that the U.S. was terminating the aid but that the force would have to return all furniture, cars and equipment donated by the U.S. in the past. To which Correa on Saturday replied, "Seņor Astorga, keep your dirty money, we don't need...

Author: /time Magazine | Title: Out of Ecuador, A Latin Lesson for Obama | 2/8/2009 | See Source »

...country and my people,'' Mexican President Miguel de la Madrid Hurtado wrote in an advertising supplement, ''(the World Cup) will give us a chance of showing the world the reality of Mexico.'' So, alas, it has. When the President stepped forward before 300 million TV viewers around the globe to open the quadrennial soccer tournament three weeks ago, his speech was drowned out by an almost unprecedented chorus of boos. A few days later, Mexico City's huge Aztec Stadium, unfilled even during a major game, ran out of water. At one point its official clock broke down; at another...

Author: /time Magazine | Title: MEXICO DEAD MEN DON'T PAY UP Almost everything is going wrong at the same time | 7/21/2008 | See Source »

When he assumed the presidency in 1982, Miguel de la Madrid Hurtado inherited a country tottering on the edge of economic collapse. An 11% drop in the price of oil coupled with spiraling interest rates had left Mexico $85 billion in debt and forced international bankers to cobble together an emergency rescue plan. The Harvard-trained De la Madrid instituted a painful austerity program that devalued the peso, sharply curtailed imports and cut government spending, including costly subsidies on basic goods and services. In an effort to stimulate future growth, he sold off some state-owned enterprises and invited foreign...

Author: /time Magazine | Title: Mexico: An Interview with Miguel de la Madrid | 6/21/2005 | See Source »

...reawakening of Nevado del Ruiz was the second cataclysm to strike Latin America in two months. In Mexico, the government of President Miguel de la Madrid Hurtado was still coping painfully with the aftermath of the Sept. 19 earthquake, which left as many as 20,000 dead and, by some estimates, up to 150,000 homeless. Colombia's volcanic catastrophe seemed especially poignant in a country that has been plagued since World War II by a seemingly endless series of man-made travails: civil war, leftist terrorism and battles with a powerful and entrenched drug mafia. Said Colombian President Belisario...

Author: /time Magazine | Title: Colombia's Mortal Agony | 4/18/2005 | See Source »

That accusation is heard frequently in Mexico City these days, and not only from earthquake victims. The complaints seem symptomatic of a growing crisis of confidence that is haunting the three-year-old government of President Miguel de la Madrid Hurtado. Bureaucratic sclerosis and political insensitivity have laid his administration open to charges that it is not doing enough to overcome the country's worst urban disaster in decades. In the past two months, an estimated $1 billion to $2 billion has left the country, mostly for the U.S., and the value of Mexico's peso has dropped from...

Author: /time Magazine | Title: Mexico:Trouble After an Earlier Disaster: | 4/18/2005 | See Source »

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