Word: mexicanization
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Dates: during 1990-1999
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Slim's expansiveness inspires cynicism in his many Mexican critics. His Telmex purchase was condemned by many nationalists as evidence of his cronyism with then President Carlos Salinas de Gortari; one political party filed suit against Slim, saying he paid an artificially low price for his share, a charge he firmly denies...
...collapse of the early 1980s, when he snapped up cigarette manufacturer Cigatam, as well as Sanborns, the cafe and convenience-store chain, and Frisco, a mining company. Through Grupo Carso, Slim now controls 30 companies worth more than $7.2 billion. Critics aside, he is considered to be a passionate Mexican nationalist--and a fierce competitor. Yanquis, take note...
WASHINGTON, D.C.: Mexican government officials were breathing easier Friday after President Clinton decided to re-certify the country as an ally in the war against drugs, guaranteeing millions in U.S. aid for at least another year. The decision from the White House came amid mounting Congressional pressure to deny Mexico the status-- and the money that goes with it. On Thursday, 24 Senators signed a letter urging Clinton to decertify Mexico. In the letter, sponsored by California Democrat Diane Feinstein, the group said Mexico's inability to deal with drug trafficking was "overwhelming." The criticism arose primarily from the arrest...
...that Colombia, which will most probably be decertified for a second year, has taken more substantial anti-drug action than Mexico. However, President Clinton seems to be wavering since Mexico issued a letter explaining that any move to lower Mexico's rating would result in a corresponding decrease in Mexican support and a general feeling of doubt as to the benefits of cooperation. So much for supply...
WASHINGTON, D.C.: Mexican government officials were breathing easier Friday after President Clinton decided to re-certify the country as an ally in the war against drugs, guaranteeing millions in U.S. aid for at least another year. The decision from the White House came amid mounting Congressional pressure to deny Mexico the status-- and the money that goes with it. On Thursday, 24 Senators signed a letter urging Clinton to decertify Mexico. In the letter, sponsored by California Democrat Diane Feinstein, the group said Mexico's inability to deal with drug trafficking was "overwhelming." The criticism arose primarily from the arrest...