Word: ruiz
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Dates: during 1950-1959
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...adjustment, which set the tone of LÓpez Mateos' first year, was a tough and successful fight to save the peso from devaluation. In the first six months of 1958, under free-spending President Luis Ruiz Cortines, the country piled up a $96 million deficit abroad, a budget in the red by $66 million. LÓpez Mateos reversed course and slashed imports by $20 million a month by whacking public spending. The results: a severe crimp in the construction industry, a mild recession through much of the economy, but a nearly balanced budget and a favorable trade...
...Mexico's ageless beauty, who made her first film in 1925. Since then the gradual path of feminine emancipation has paralleled Mexico's growing industrial boom. As new jobs were created, parents began giving daughters the education necessary to fill them. In 1953, President Adolfo Ruiz Cortines gave women the vote. The women have taken it from there...
...They bring contributions to the Agrarian Reform Institute, everything from pennies to axheads to old barbed wire. "I am in accord with Fidel." says Juan Mora, who owns 17 acres, a thatched hut, a cow and a pig. "I am going to register for more land." Chimes in Bootblack Ruiz Marino Arganza, 16: "Everybody for Fidel...
With that meaningful statement of position, the President was off next day for the kind of diplomacy by deeds that he likes best. In keeping with his policy of paying special attention to U.S. neighbors -demonstrated in his meeting in March 1956 with Mexico's Adolfo Ruiz Cortines and Canada's Louis St. Laurent, and last July with Canada's Prime Minister John George Diefenbaker-he flew southwest to Acapulco to confer with Mexico's new President Adolfo Lopez Mateos (TIME, Dec. 8) on neighbors' problems ranging from dam building on the Rio Grande...
...important post, Lopez Mateos reached outside the Ruiz Cortines ranks; Pascual Gutierrez Roldan, 55, replaced Antonio J. Bermudez as director of the government oil company (Pemex). A conservative businessman who ran up handsome profits as director general of the country's largest steel producer, Altos Hornos, he will no doubt try to cut down waste and featherbedding at Pemex...