Word: madrid
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Dates: during 1980-1989
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...country's debt crisis has also forced the government of outgoing president Miguel de la Madrid Hurtado to pursue a widely unpopular austerity program to revitalize the private sector. Social services such as health, education and nutrition have deteriorated or stagnated during the last few years, as a result...
...year-old Harvard-educated technocrat, who was responsible for implementing the unpopular austerity measures undertaken by the Madrid government during the last six years, has effectively argued that the country needs a smaller, less cumbersome bureaucracy, along with freer trade and increasing incentives for private industry. He has also called for further long-overdue reforms such as returning highly efficient state-run enterprises to private control and removing a wide range of consumer subsidies...
This week OPEC's pricing and strategy committees will meet in Madrid in an effort to hammer out a production agreement that its members can abide by. If that effort fails, as many experts believe it will, OPEC ministers will get another chance to resolve their differences when they reconvene in Vienna in late November...
...recent riots that have killed as many as 400 people. Mexico, which relies on oil for 40% of its total export income, expects that oil revenues will fall below $6 billion this year, compared with exports worth $7.8 billion in 1987. As a result, Mexican President Miguel de la Madrid has announced $220 million in new cuts in the government's $90 billion budget. The price slump is also likely to intensify Mexican demands for another renegotiation of the country's $104 billion foreign debt...
...graduates of the Mason program include Carlos Salinas de Gortari, president-elect of Mexico, Pratap K. Kaul, Indian ambassador to the U.S., David Blanco Zabala, former minister of finance in Bolivia, and Miguel de la Madrid Hurtado, president of Mexico...