Word: nafta
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Dates: during 2000-2009
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Mexican insurrections often do coincide with important dates. Most recently, Zapatista guerrillas in the poor southern state of Chiapas started a revolt on Jan. 1, 1994, the day the North American Trade Agreement (NAFTA) took effect. A big fear now is that Mexico's drug cartels, responsible for almost 15,000 killings in the past decade, are lending their resources and firepower to emerging guerrilla groups. If so, their plan may be to sow bicentennial terror and turn Mexicans against President Felipe Calderón's drug-war offensive. This past fall authorities say they seized an arsenal of large...
...Still, the benefits of greater regional integration could prove powerful enough to overcome the roadblocks. The ADB's Wignaraja foresees Asia becoming a NAFTA-like free-trade zone within the next 10 years. "In Asia, the only thing everyone agrees upon is business," he says. "In the end, pragmatism will prevail." If it does, the world economy may never be the same...
...Last month, when Washington and Ottawa pledged to invest $60 billion in Detroit's biggest car company, Mexico - a partner in NAFTA and an integrated North American auto industry - was conspicuous by its absence at the negotiating table. (See the best cars from the 2009 Detroit Auto Show...
...tiny Fiat 500 is one of the first cars Chrysler hopes to build in North America through its new alliance with Fiat. "It's highly, highly likely that the Fiat 500 will be built in the NAFTA region," said Chrysler vice chairman Tom LaSorda after the deal with Fiat was completed as part of the company's structured bankruptcy. Lasorda added that Fiats will probably begin showing up in American showrooms within the next few months...
...betting they'd agree. American Airlines might decide to move out of Dallas, but I'd be O.K. with leaving NASA behind and letting Texans decide if they could afford to return to the moon. Border-patrol costs would be steep, but I'm sure Texas' application to join NAFTA would be favorably received. And it would get a vote at the U.N. and the right for its diplomats to park wherever they wanted on the streets of Manhattan. Texas would saunter into the global community bigger than Australia, Greece or Bolivia. (See pictures of the fence between Texas...