Word: madrid
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Dates: during 1980-1989
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...this seems to be true is Antonio Lopez Garcia, whose paintings, drawings and sculpture are currently on view at the Marlborough Gallery in New York City. At 50, Lopez bears a large reputation in his native Spain and has become (no avoiding the term) a cult figure among younger Madrid painters. In New York, whose sense of current European art can be irritatingly provincial, he is scarcely known at all. The main reason for this--apart from the difficulty some people have in judging serious figurative painting and distinguishing it from common illustration--is that Lopez works with fanatical slowness...
...testify about a fugitive world that changes as he looks. The impressionist view--a motif, or the approximation of one, seen and completed in a few hours--is not for Lopez. His paintings come out of the most patient scrutiny in contemporary art. The panoramic view of downtown Madrid that is the show's centerpiece took eight years to finish, from 1974 to 1982. Muted and austere, almost palpably grimy and smoggy, it sets forth miles of the dull high-rise architecture of Franco's economic boom with a dedication to truth that surpasses Canaletto...
...Atlantic, several major airlines will be stung by the shift in travel plans. The likeliest victims are financially struggling Pan Am and TWA, which depend on transatlantic routes for much of their revenue. Eastern Airlines has put on hold the start-up of a new route from Miami to Madrid. The reason: lack of business. Says Hal Rosenbluth, president of a Philadelphia travel agency: "I think the public tends to perceive the U.S. flag carriers as targets." The airlines most immune to the slump are national carriers of northern European countries, which include the Netherlands' KLM, West Germany's Lufthansa...
Mexican government officials have been pressing U.S. banks and other lenders to relax their terms and extend to the country at least an additional $4 billion in new loans. President Miguel de la Madrid Hurtado warned that bankers must share "the responsibility and sacrifice" of solving Mexico's financial ills. So far, though, creditors have been wary of risking new money...
Meanwhile, tens of thousands of Mexicans have demonstrated against austerity measures that De la Madrid has imposed since 1982 in an effort to pay interest on the country's loans. The belt tightening has slashed government spending, shoved the economy into a painful recession, and boosted unemployment to about 15%. "The political system is being pushed into a corner," says Jonathan Heath, senior economist for Ciemex-Wharton, the Mexican division of Philadelphia-based Wharton Econometric. "A lot of people in the government want default, and though they are not the ones with the most clout now, at any given moment...