Word: mexico
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Dates: during 1990-1999
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...numbers add up," said Ohio Republican John Kasich, chairman of the House Budget Committee. Moreover, he asserted, they will continue to add up because of conservative assumptions used to create them. His Senate counterpart, New Mexico Republican Pete Domenici, pointed out that those estimates factor in two mild recessions sometime during the next 10 years and include assumptions that "do not contemplate the kind of growth that is actually going to occur." That would imply surpluses even greater than projected--a prospect confirmed by Allen Sinai, chief global economist for Primark Decision Economics, a forecasting firm. Sinai's "baseline" forecast...
Because even if the U.S. does turn out to be more or less Y2K O.K., other parts of the world may be less fortunate. "There's going to be some massive issues in other countries," says Steve Brown, CIO of Micron, a major PC manufacturer in Idaho. "Mexico's got problems. I also think Brazil's got problems, and Eastern Europe has got big problems...
...WESTERN STUDENTS A Colorado billionaire is leaving most of his fortune to fund college scholarships for poor kids in Colorado, New Mexico, Wyoming and Utah. The Bill Daniels Fund, named after the cable TV mogul, will receive most of his $1.1 billion estate and will become Colorado's largest charity upon his death...
...AMBASSADORSHIP] Mexico...
RESIGNED. MICHEL CAMDESSUS, 67, managing director of the International Monetary Fund who helped stabilize Mexico and Asia in recent crises; in mid-term, for personal reasons; in Washington...