Word: madrid
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...reawakening of Nevado del Ruiz was the second cataclysm to strike Latin America in two months. In Mexico, the government of President Miguel de la Madrid Hurtado was still coping painfully with the aftermath of the Sept. 19 earthquake, which left as many as 20,000 dead and, by some estimates, up to 150,000 homeless. Colombia's volcanic catastrophe seemed especially poignant in a country that has been plagued since World War II by a seemingly endless series of man-made travails: civil war, leftist terrorism and battles with a powerful and entrenched drug mafia. Said Colombian President Belisario...
That accusation is heard frequently in Mexico City these days, and not only from earthquake victims. The complaints seem symptomatic of a growing crisis of confidence that is haunting the three-year-old government of President Miguel de la Madrid Hurtado. Bureaucratic sclerosis and political insensitivity have laid his administration open to charges that it is not doing enough to overcome the country's worst urban disaster in decades. In the past two months, an estimated $1 billion to $2 billion has left the country, mostly for the U.S., and the value of Mexico's peso has dropped from...
...Madrid appears to have contributed to the crisis, if only by inaction. Although the quiet, Harvard-educated technocrat made a flurry of public appearances just after the earthquake, his visits to disaster areas have tapered off, adding to the image of government aloofness. The absence of strong crisis management has led to a feeling that De la Madrid's government is adrift. Says a Western diplomat in Mexico City: "The government seems to be gripped by inertia...
...party as the guardian of Mexico's political stability, were indifferent to charges of fraud. Maximiliano Esparza, a P.R.I. functionary sent to Sonora from Mexico City to oversee the voting, called the election "a democratic fiesta. It was a clean process. The people won." Mexican President Miguel de la Madrid was even more offhand. Said he: "I'm not concerned about the confused opinions of the minorities...
...again struggling to bring their runaway economy under control. The government slashed the value of the controlled peso, which is used for the purchase of imports, by 20% in an effort to improve the country's trade balance. The new rate: 279 to the dollar. President Miguel de la Madrid and his Cabinet accepted 10% salary cuts, and a host of lower-level officials lost their jobs...