Word: madrid
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...trying to patch up its bruised image in Western Europe. During the past year, the transatlantic dialogue has deteriorated into a shouting match over high U.S. interest rates, East-West trade and European subsidies for farm products. Thus, in his visits to Bonn, Brussels, The Hague, Rome, Paris, Madrid and London, Shultz made a special effort to ease West European fears that the Reagan Administration had little interest in fostering international economic and monetary cooperation...
...Madrid revealed his own view of himself in an unusually candid description written in response to a request from TIME. "I consider myself to be of normal, serene temperament, but I become enthused or moved by interesting questions or things that impress me," he wrote. "I prefer dealing with people to solitude, but once in a while I appreciate being alone with myself and my reflections. I have always been concerned with equilibrium and avoiding easy irritation or depression. I am fundamentally an optimist...
...view of most experts, De la Madrid will have to maintain a policy of austerity for anywhere from one to four years. His decision to crack down on corruption is designed to avoid the social explosion that might loom as living standards drop further. De la Madrid's aim is to show that belt-tightening will affect the rich as well as the poor. "What's fair is fair," explains a P.R.I, 'politician. "We cannot have fat-cat officials taking advantage of these conditions to feather their own nests." De la Madrid has also made clear that...
...Interview with Miguel de la Madrid "We are going to have a couple of very difficult years...
...tastefully decorated colonial house that served as his transition headquarters, Miguel de la Madrid Hurtado discussed the challenges of his presidency with TIME Mexico City Bureau Chief James Willwerth and Reporter Laura López. The new President was relaxed but forceful as he outlined the priorities for his six-year term: economic revival, the battle against corruption and close relations with the U.S. Excerpts from the interview...