Word: mexico
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Dates: during 1980-1989
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Coincidentally, another familiar Iran-contra figure, Israeli arms agent and counterterrorism expert Amiram Nir, died last week in the crash of a small Cessna plane in Mexico. The pilot also died, and two passengers were injured. Nir, a former aide to Shimon Peres and to Yitzhak Shamir, worked closely with North in the sale of U.S. arms to Iran, traveled with him to Tehran in the attempted arms-for-hostage exchanges and briefed Vice President Bush on the ill-fated scheme...
...John Kohan, Ann Blackman Jerusalem: Jon D. Hull Cairo: Dean Fischer, David S. Jackson Nairobi: James Wilde Johannesburg: Bruce W. Nelan New Delhi: Ross H. Munro, Edward W. Desmond Beijing: Sandra Burton Hong Kong: William Stewart, Jay Branegan Tokyo: Barry Hillenbrand, Seiichi Kanise, Kumiko Makihara Central America: John Moody Mexico City: John Borrell Rio de Janeiro: Laura Lopez
Talk about short honeymoons. Carlos Salinas de Gortari, Mexico's newly elected President, was about to drape the sash of office over his shoulder last week when the disruptions began. As several hundred guests looked on in Mexico City's Legislative Palace, 139 legislators who supported Cuauhtemoc Cardenas, the nationalist candidate who came in second in last July's elections, marched out. Then about 30 members of the right-wing National Action Party raised placards reading SIX YEARS OF FRAUD...
...recent $3.5 million loan from the U.S. government gives Salinas some breathing space as he attempts to promote economic reform and market-based growth as a way out of Mexico's financial quagmire...
...such attempts to keep the dam from bursting are not enough. What Mexico now needs is a commitment by the U.S. and other governments, along with bankers and multilateral organizations, to extend the repayment periods of the existing loans, so that Mexicans are not forced to postpone badly-needed services and internal investment to pay off the debt and to keep the U.S. dollar down. Foreign governments must also resist pressure for protectionist legislation which would cripple the export possibilities of Mexico and the other debtor nations in Latin America...