Word: pacts
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...major arguments against the proposed pact is not economic but ecological: the maquiladoras have an unenviable track record of pollution, which is affecting the health of Americans across the border. Says Stewart Hudson of the National Wildlife Federation: "The maquiladora program is a case study of the kinds of environmental catastrophes that can happen where trade and investment rule." The biggest fear of environmental groups, which include Environmental Action, Greenpeace and Friends of the Earth, is that the leaks and spills and pollution of border rivers such as the New River and the Nogales Wash will turn the border into...
...prickliest issues in Congress lately has been the prospective free- trade agreement with Mexico. While economists are virtually unanimous that free trade benefits both trading nations, labor unions fear they'll lose jobs to Mexicans who work for lower wages, and have opposed the pact. So have environmentalists, who fear that industry will boom south of the border, where antipollution laws are less strictly enforced...
...chances for an agreement took a giant step forward. Last week congressional committees endorsed Bush's authority to negotiate a deal that Congress must vote up or down but may not amend. This so-called fast-track authority is crucial, because no country wants to bother hammering out a pact that Congress can then turn inside out. Presuming Bush's negotiators clinch a deal like the recent one with Canada -- and Congress approves it -- North America could achieve a truly open common market about the same time Europe does next year...
...deal, seen by some Soviet observers as the beginning of the end of central control over major industries, stemmed from a pact signed three weeks ago by Gorbachev and his sometime rival, Boris Yeltsin, head of the Russian republic. Criticized by miners and fellow reformers for his accommodation with Gorbachev, Yeltsin spent three days in Siberia lobbying for a "dignified solution" to the strikes. Yeltsin vowed to turn ownership of the mines over to workers as soon as possible and to allow the mines to keep 80% of their hard-currency earnings...
...former FBI director and federal judge, Webster improved cooperation between the agency and the bureau on counter-intelligence matters. He increased to an all-time high the number of CIA officers involved in recruiting agents abroad. He also began reorienting intelligence priorities for a world in which the Warsaw Pact had collapsed and economic and Third World issues were becoming increasingly important...