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Word: mexicanization (lookup in dictionary) (lookup stats)
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...economy continue to keep prices largely in check. Indeed, if anything, central banks in their determination to kill inflation before it happens may already have tightened too much. Over the last decade, the world has experienced a series of brutal deflationary shocks. They started with the collapse of the Mexican peso in the mid-1990s. In 1997, much of eastern Asia's flourishing economy was leveled. Next were Russia, Turkey and Argentina; Brazil teetered on the brink. Meanwhile, Silicon Valley, the pride of the U.S. economy, was crashing, while entire sectors of the so-called new economy disintegrated. And Japan...

Author: /time Magazine | Title: Go Easy on the Brakes | 5/21/2006 | See Source »

SANCTIONED. The Rev. Marcial Maciel, 86, powerful Mexican-born founder of the conservative Legionaries of Christ, one of the fastest-growing orders in the Roman Catholic Church; after an inquest into his alleged sexual abuse of seminarians dating to the 1940s, which he denies; in the first major abuse case to be handled by Pope Benedict XVI; in Vatican City. The Holy See declined to say if the allegations proved true, but called on Maciel to live a life of "prayer and repentance" and restricted him from publicly celebrating the sacraments...

Author: /time Magazine | Title: Milestones May 29, 2006 | 5/21/2006 | See Source »

...high school senior in Lubbock, Texas, she'd skip a class a day in an attempt to prove that because she never got caught and some Mexican students did, the system was racist. After Maines joined the Dixie Chicks, and the Dixie Chicks became the biggest-selling female group in music history--with suspiciously little cash to show for it--she and her bandmates told their record label, Sony, they were declaring themselves free agents. (In the high school that is Nashville, this is way worse than skipping class.) Now that she's truly notorious, having told a London audience...

Author: /time Magazine | Title: Chicks In the Line of Fire | 5/21/2006 | See Source »

...trying to stop primarily undocumented Mexican workers rather than terrorists from crossing the border, is there anything wrong with that? Just because there are some racists influencing the debate doesn't mean anyone who is for immigration control is a racist. Figuring out just how many immigrants, Hispanic or otherwise, to let into the country each year is exactly what lawmakers ought to be trying to do as they undertake immigration reform. Setting immigration targets that are in the country's interest is, after all, the point of having an immigration policy to begin with...

Author: /time Magazine | Title: Is Racism Fueling the Immigration Debate? | 5/17/2006 | See Source »

...renewed consumer interest in premium brands of the spirit. According to the Distilled Spirits Council in the U.S., sales by volume of premium tequila jumped by a total of over 50% in 2003 and 2004 - a trend some attribute to increased acceptance of, and appreciation for, Hispanic and Mexican cultures among Stateside consumers. For the uninitiated, proper tequila is the liquor of the blue agave plant, which, contrary to popular belief, is not a cactus but a lily (and strictly speaking, spirits made from other kinds of agave are not tequila at all, but mezcal). Much like whiskey or wine...

Author: /time Magazine | Title: High Sprits | 5/16/2006 | See Source »

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