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Jose López Portillo lifted a glass of champagne last February and lectured Jimmy Carter on his country's right to be respected. Carter took heed, because the Mexican President's bold assertion of national pride and independence was backed up by what may be the richest energy supply in the Western Hemisphere. With proven reserves of 40 billion bbl. and estimated potential reserves of as high as 200 billion bbl., Mexico is now moving into the top rank of the world's oil producers...

Author: /time Magazine | Title: World: An Interview with L | 7/23/1979 | See Source »

During the next four years, these problems will weigh heavily on the shoulders of Jose Lopez Portillo, a onetime law professor and author who spent nearly two decades in public administration before his election to the presidency in July 1976. In the economic field, Lopez Portillo's performance has been quite creditable. By holding down public spending and wages, he has been able to stabilize the erratic peso, slow inflation, reverse the flight of capital and stimulate private investment. After several sluggish years, Mexico's gross national product is now increasing by about 6% annually. Lopez Portillo...

Author: /time Magazine | Title: World: An Interview with L | 7/23/1979 | See Source »

...guerrillas from the Mexican port of Tuxpan for Cuba's Oriente province. Last week the hirsute Cuban leader returned to the land from which he had launched his successful revolt against the government of Fulgencio Batista. At the invitation of President José López Portillo, Castro made a 32-hour visit to the resort island of Cozumel, with a brief stop on the mainland. Between meetings with López Portillo, who effusively welcomed him as "one of the personalities of this century" who had "restored dignity to Cuba," Castro inspected Mayan ruins in Tulum, and ogled...

Author: /time Magazine | Title: LATIN AMERICA: Fidel Returns | 5/28/1979 | See Source »

...Portillo, too, sought political advantage from Castro's visit. With elections set for July 1, he wants to appeal to leftists and labor union members, who are clamoring for higher wages to offset Mexico's soaring inflation rate. Among the prominent people he invited to welcome Castro were the heads of four leftist political parties, including the Communists...

Author: /time Magazine | Title: LATIN AMERICA: Fidel Returns | 5/28/1979 | See Source »

CANCUN, Mexico--Mexico is breaking diplomatic relations with Nicaragua because of the "horrendous genocide" committed by the government of President Anastasio Somoza, Mexican President Jose Lopez Portillo announced yesterday...

Author: NO WRITER ATTRIBUTED | Title: Mexico/Nicaragua Split | 5/21/1979 | See Source »

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