Word: mexicanization
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
TIME: Why have you written this book? SALINAS: Many Mexicans suffered with the economic crisis in 1995. They lost their mortgaged homes, even their jobs because banks and many companies went bankrupt. They are very angry for what happened, and since the Zedillo government tried to put the blame for this on my term in office, people expressed this anger towards my administration --and towards me. That's why was I believe that I owed the Mexican people an explanation for what happened This book is one step in that direction...
...TIME: Do you feel betrayed by Zedillo? SALINAS: Zedillo did not betray me personally, he betrayed the platform that took him to the presidency. It all started with the peso devaluation in Dec 1994 when Zedillo's government provided inside information to a small group of Mexican businessmen that the devaluation was coming. And in a matter of hours, Mexico lost $6 billion -- half its total foreign exchange reserves...
...finish line in an Olympic-record-beating 20-km walk. What he didn't realize is that 400 m from victory, he committed his third "loss of continual contact with the ground"--an automatic out. Officials failed to reach him before he took a victory lap with the Mexican flag. He was halfway through an interview before getting the news...
...tainted seed get into the tacos? They are sold by Kraft but made by a Mexican company whose corn comes from any number of U.S. farms. Farmers who grow StarLink do so on the condition that they'll keep it out of human food supplies--a promise that's easy to elicit but hard to enforce...
...other charges. The trial is scheduled to begin Oct. 10. Among the issues is a new global noncompetition clause in Tricon's international franchise agreement, which stipulates that franchisees need Tricon's permission to operate any other food business, even ones that don't compete with pizza, chicken or Mexican cuisine, anywhere in the world. Heinecke's previous contracts with the firm barred him only from opening rival pizza outlets. "How can the U.S., which advocates free trade and competition, support that kind of restrictive practice?" Heinecke asks. Says Peter Hearl, executive vice president of Tricon Restaurants International: "We want...