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Word: oiling (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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...toast was yet another reminder to Washington that oil wealth has given Mexico a new clout, which López Portillo is quite willing to use when it suits his purpose. In June a Mexican exploratory well in the Bay of Campeche exploded, uncorking millions of barrels of crude, some of which has washed up on beaches in Texas. The U.S. has argued that Mexico should help pay cleanup costs. Last August, Robert C. Krueger, who was designated Special Ambassador for Mexican Affairs to assist Ambassador Patrick Lucey in overseeing the broad range of issues that have arisen between...

Author: /time Magazine | Title: Mexico's Macho Mood | 10/8/1979 | See Source »

...issues that Vance alluded to was immigration. For decades, the U.S. has served, albeit unwillingly, as a safety valve for Mexico's employment problem. The country has one of the Western Hemisphere's higher birth rates. Even taking oil wealth into account, the expected population growth (from 68 million today to an estimated 132 million by the year 2000) threatens to wipe out rapid increases in the gross national product ($92 billion...

Author: /time Magazine | Title: Mexico's Macho Mood | 10/8/1979 | See Source »

Octaviano ("Chito") Longoria, 73, who started out selling gardenias on the streets of Nuevo Laredo, built a commercial empire that included banks, cattle ranches, movie theaters and a vegetable oil factory. His house in Bosques de las Lomas, he boasts, would rival any in the world. The mansion has a chamber bedecked with the heads of animals Longoria acquired on his 20 African safaris, and a "pink room" that is dominated by a huge rug of that color given to him by Morocco's royal family. Unlike many of Mexico's new rich, Longoria makes generous donations to charity...

Author: /time Magazine | Title: Mexico's Macho Mood | 10/8/1979 | See Source »

...from being an otherworldly intellectual, Lopez Portillo is a tough-minded leader with an abrasive streak and a bent for professorial oratory: he often salts his speeches with fire-and-brimstone references to the Aztec past. During his state of the union address, for example, in speaking of the oil spill in the Bay of Campeche, he made references to an ancient god and the Aztec mistress of the Spanish conquistador Hernando Cortes. "In the depths of this flaming well," he intoned, "we Mexicans have seen ourselves reflected in Tezcatlipoca's black mirror. Malinche emerged from those depths howling...

Author: /time Magazine | Title: Mexico's Macho Mood | 10/8/1979 | See Source »

...heating oil run-up spurs sales of wood and woollies, and budget worries...

Author: /time Magazine | Title: Business: Those Fear-of-Freezing Blues | 10/8/1979 | See Source »

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