Word: unrested
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...ordinary Cubans race to take advantage of the reforms, inequalities are swiftly giving rise to their inevitable byproducts: class resentment, social unrest and crime. Prostitution once again flourishes in Havana. The influx of tourists (including some Americans, who slip onto the island illegally from Nassau) sets up a stark contrast between the fantasy playground being built for foreigners and the gritty reality that ordinary Cubans must contend with. As the inequalities increase, many poor but educated Cubans view the rush to the dollar with disgust...
...Leon has inherited a sinking ship, and he is not sure what steps to take to keep Mexico afloat. Foreigners like to invest in a country where there are prospects of a good return and the political scene is calm and controlled. But at the first sign of civil unrest, the investments will stop and moneys will be pulled out. If Zedillo wants foreign investors to return to his country, he had better take a close look at the ``iceberg'' left him by previous administrations and figure out what to do about...
This expensive peso meant that jobs were somewhat scarce, and thus contributed to some of the rural unrest. When the rebels seemed to be readying for a new round of attacks, President Zedillo decided to lower the peso by about 12 percent. Then, in a surprise to almost everyone, he allowed the peso to float against the dollar. Investors were used to being warned well in advance of a devaluation. This sudden move scared them, causing them to start unloading Mexican securities. The peso continued to drop...
...NAFTA? It's true that farmers there will suffer as protective trade barriers fall. But a deeper source of their discontent is sheer, longstanding poverty. And it's no coincidence that Chiapas, Mexico's poorest region, is also farthest from the U.S. and the balming effect of trade. The unrest of Mexican peasants is undeniably a reminder that free trade's overall benefits entail real costs, but it's equally a reminder that the alternative is worse. In a thoroughly protectionist world, all of Mexico might today look rather like a giant Chiapas...
...North American Free Trade Agreement. The 42-year-old, U.S.-educated economist -- speaking before 1,500 Mexican officials as well as foreign leaders as diverse as Vice President Al Gore and Cuba's Fidel Castro --pledged help for the southern Chiapas state, where economic conditions spurred the Indian unrest. And Zedillo vowed to use NAFTA "to help generate the jobs we need and raise living standards...