Word: madrid
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When Presidente Carranza, the Mexican President's Boeing 727, took off for Washington last week, the mood among the Mexican Cabinet members inside was decidedly buoyant. True, the last four meetings between Mexican President Miguel de la Madrid Hurtado and Ronald Reagan had ended with both leaders, who enjoy warm personal relations, agreeing to disagree on most issues. True, since their last meeting in January, the collapse in the price of oil, the major export of Mexico, had pitched the country deeper into its worst economic plight in 50 years. True, the crisis had aggravated pressures on Mexico's northern...
...government's crackdown on suspected ETA terrorists who have fled to France. Basque separatists have traditionally used the southwest of France as a haven and headquarters for planning future attacks, but in recent weeks France has handed over five young Basques to Spain. In a pre-riot visit to Madrid, French Security Minister Robert Pandraud said the deportations would continue...
Nobody should know better than Hagura. As the expansion-minded head of Dai- Ichi Kangyo, he oversees a vast network of offices from Chicago to Caracas and Madrid to Melbourne. Dai-Ichi Kangyo tries to portray itself as a friendly institution. Its slogan: "The Bank with a Heart." Like most major Japanese banking concerns, it belongs to a keiretsu, an industrial group made up of dozens of interconnected companies. The bank owns stock in the companies and extends them much of the credit they need. The Dai-Ichi Kangyo keiretsu includes such well-known firms as Hitachi, Isuzu and Kawasaki...
This year alone, the separatist Basque terrorist organization ETA has claimed responsibility for attacks that have killed 25 people, including ten Civil Guardsmen who died in a car bombing two weeks ago in Madrid. Last week ETA, the Spanish acronym for "Basque Homeland and Liberty," sent its latest message of brazen defiance: half a dozen antitank rocket grenades, fired from a parked car, hit the Defense Ministry in the Spanish capital, injuring nine people. On Saturday, two Guardsmen were killed in suspected ETA attacks near the northern city of San Sebastian...
...questionable election result was a blow to President Miguel de la Madrid Hurtado's vaunted campaign of "moral renovation." In 1983, De la Madrid's first year in power, Mexico enjoyed rare fraud-free elections. P.A.N. won mayorships in all of the seven largest cities of Chihuahua. P.R.I. officials privately vowed not to let such a calamity recur. Last year the ruling party resorted to flagrant irregularities while securing victory in elections in two northern states; in December it changed Chihuahua's laws so that the preparation and tallying of votes would be undertaken by P.R.I. agents. Such practices, however...