Word: panic
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Dates: during 1990-1999
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...plunge in the peso has caused much panic, both within the Mexican government and among outside investors. President Zedillo has released a plan which he hopes will keep inflation at around 15 percent in the short term and have growth at around 1.5 to two percent. This is quite a bit different from the four percent inflation and four percent growth that had been predicted a month ago, before the devaluation. In addition, he hopes to cut government spending by about 1.3 percent. More ominously, though, nearly $8 billion in foreign investment has fled the country since the drop. This...
...hell -- and afraid." Today, he is still angry, but has less cause for fear: his new $1 million West End Women's Medical Group clinic, which opened in November, is a high-tech fortress with solid steel doors and magnetic locks, bullet-resistant windows, infrared motion detectors, panic buttons to summon police and a 70-ft. setback planted with thorn trees. Contractors experienced in prison and casino security designed the system, while some local SWAT-team police offered advice. "It's a bunker," Stutes says. "Flash Gordon couldn't get in here without being seen...
...general there's more panic in the headlines than in the minds of investment pros who follow Mexico. It's been only three years since Americans became big-time investors in the emerging markets, and we've learned some useful lessons already. The first is that emerging markets are particularly jumpy, with 200% gains one year and 60% drops the next -- as we've seen, for instance, with Turkey. And the drops get far more attention than the gains. Who remembers that the recent 30% fall in the Mexican Bolsa was preceded by a 70% rise in the NAFTA year...
Once again, there will be no real winter vacation. As their friends at other colleges around the country use winter recess to recuperate from final exams and projects, Harvard students, who failed in their attempt to win calendar reform last spring, find themselves preparing for the January panic...
...same issue that Schur published his own paper, a report solicited from Dow Corning Corp., the biggest defendant in breast implant litigation, was the lead article. The article attacked the news media and plaintiff attorneys for creating an unwarranted panic over breast implants...