Word: madrid
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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...
...also possible to waive the age limit of 21 years. Erika and Luke Lambert say that their parents recently left to become mission presidents in Cleveland, and their 19-year-old sister was allowed to go on her mission to Madrid so that she can be away at the same time as her parents...
...earlier agreed to withdraw 72 F-16 fighters from Torrejon Air Base outside Madrid, and will probably abandon the base. Under the new pact, Spain is giving up all the guarantees of specific levels of U.S. aid contained in previous bases agreements. Last year military aid alone came to $400 million...