Word: leone
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Dates: during 1990-1999
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...President Ernesto Zedillo Ponce de Leon still must reform the policies that caused the latest crisis--specifically, Mexico's reliance on foreign capital. Much of those funds fled in December when the government, unable to prop up the overvalued peso any longer, let the currency float. Now Zedillo is taking the politically risky steps of slashing government spending and jacking up interest rates to slow the economy and wean it from its dependence on ``hot money''--foreign investments in securities that can easily be dumped. Says Allen Sinai, the chief economist for Lehman Bros.: ``Mexico must swallow a recession...
...Economic Council, Rubin knew little about lobbying Capitol Hill. Although Treasury had prepared a state-by-state analysis of how a Mexican meltdown would affect U.S. employment, for example, most members of Congress never learned of its existence. Moreover, Clinton and top aides like White House chief of staff Leon Panetta were focused on the President's Jan. 24 State of the Union message and failed to give Rubin much support...
...Leon Venable, owner of Leon's Ribs on River Street, says he has fulfilled a lifelong dream of owning a carry out restaurant...
...Gingrich tried to interfere with the federal regulatory process on behalf of pharmaceutical companies that contributed to the Progress and Freedom Foundation, the Associated Press reports. The foundation has close ties to Gingrich, supporting a televised college course he teaches. Last September, Gingrich wrote White House Chief of Staff Leon Panetta, insisting that FDA should give prompt approval to a home AIDS test made by Direct Access Diagnostics, a subsidiary of Johnson & Johnson. Both Direct Access Diagnostics and Johnson & Johnson are listed as contributors to the foundation. The amounts or dates of the contributions weren't disclosed by the foundation...
...reason to be awed at the impact of its efforts. Army units were rushed in not only to combat the rebels but also to help improve the life of peasants by building clinics, schools and roads. Government public works projects picked up speed. President Ernesto Zedillo Ponce de Leon even resumed negotiations. Reacting to those talks, guerrilla leader Comandante Tacho may be forgiven if he sounds a bit smug when he declares, ``Mr. Zedillo has said positive things...