Word: madrid
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...tankard of champagne waiting for those who visited him backstage. Once, when Guinness came by, he rose and made a military-style toast: "To Jesus Christ. What a splendid chap!" Another time, when they were both starring in Doctor Zhivago, Sir Alec walked into Richardson's hotel suite in Madrid. "Who can one hit," said Richardson, "if not one's friends?" -- and punched him in the jaw. By the time Guinness raised himself from the floor to ask what was going on, Richardson was sound asleep in an armchair...
Mexican President Miguel de la Madrid Hurtado declared in a speech Feb. 21 that his government can tighten its belt no further and that it is time for some "sacrifices" from international bankers. The President proposed that Mexico's payments be reduced to what it can afford, but he offered few specifics. Some Mexican officials have hinted that the country wants a stretched-out repayment schedule and a reduction in the average interest rate on its loans from 10% to 6%, which would reduce its annual debt-service load by $4 billion a year...
...issue is Madrid's claim that the Marquesa left Spain in 1983 in violation of export laws. In that year the painting was sold to British Art Collector Lord Wimborne by a Mallorca businessman for an undisclosed sum. Spain says the export documents that accompanied the artwork were spurious, a charge that both Wimborne and Christie's deny. A London art dealer involved in the sale to Wimborne apparently was told that the necessary export permit was expedited by a Spanish official who owed the Marquesa's former owner a "favor." Christie's insists that the auction will take place...
...country's citizens have grown increasingly restive about the austerity measures that were imposed by the government of President Miguel de la Madrid to meet debt payments. About 35,000 people joined a protest march last week in Mexico City. Said one banner: MORATORIUM ON THE DEBT. THE PEOPLE HAVE HAD ENOUGH. By comparison, Venezuela's President Jamie Lusinchi should experience less trauma because his country's debt, at $35 billion, is smaller...
...result of De la Madrid's economic programs, unemployment may be as high as 20%, while annual inflation remains at more than 60%. Says Fidel Velazquez, leader of the 3.5 million-member Confederation of Mexican Workers: "The majority of workers cannot endure more sacrifices...