Word: salinases
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As the former secretary-general and current strongman of the 200,000-member oilworkers union, Hernandez, nicknamed La Quina, had built up a personal fortune and a large following among those beholden to him for jobs, education and health care. Many of the area's poor people regarded him as...
The raid, coming just over a month after President Carlos Salinas de Gortari took office following a campaign that promised major political and economic reforms, fueled speculation that Hernandez's arrest was the government's opening shot in its efforts to control the country's powerful unions. For much of...
The implications could be explosive. Three days after President Carlos Salinas de Gortari announced the belt-tightening measures last month, hundreds of government workers demanding pay increases stormed the legislature shouting antigovernment slogans. Thousands more demonstrated in the streets of the city. At his inauguration Salinas, who won a clouded...
Salinas' is but one voice in what has become a rising chorus of debtor discontent. Crippled by stagnant growth and a combined foreign debt of more than $400 billion, Latin American governments are finding it increasingly unacceptable to shoulder interest payments for loans that only push them deeper into the...
In his speech before such dignitaries as Secretary of State George Shultz and Cuba's Fidel Castro, Salinas tried to spell out his vision for modernizing and uniting Mexico. Said he: "There won't be miracles. But I assure you there is hope." Some of Salinas' early actions, though, are...