Word: zedillo
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...President Ernesto Zedillo Ponce de Leon still must reform the policies that caused the latest crisis--specifically, Mexico's reliance on foreign capital. Much of those funds fled in December when the government, unable to prop up the overvalued peso any longer, let the currency float. Now Zedillo is taking the politically risky steps of slashing government spending and jacking up interest rates to slow the economy and wean it from its dependence on ``hot money''--foreign investments in securities that can easily be dumped. Says Allen Sinai, the chief economist for Lehman Bros.: ``Mexico must swallow a recession...
Mexican President Ernesto Zedillo this morning sent thousands of troops to southern Mexico's Chiapas state to flush out the Zapatista resistance. Unconfirmed reports gauged the force at 40,000 soldiers, a much larger military action than the government has so far been willing to undertake. Thursday, Zedillo reversed Mexico's policy of trying to make peace with the Zapatista National Liberation Army by promising to help the poor. Instead, he ordered the arrest of top guerrilla leaders after accusing them of "preparing new and great acts of violence, not only in Chiapas but in other parts of the country...
...throne; in the capital, Maseru. More than 10,000 subjects watched as Moshoeshoe's son King Letsie III, who had been installed after Moshoeshoe's dethronement, formally abdicated and handed back the crown to his father. DISMISSED. FAUSTO ALZATI, 41, Mexico's Minister of Education; by President Ernesto Zedillo; after the press discovered that the Harvard University doctorate and National Autonomous University of Mexico law degree Alzati claimed to hold did not exist; in Mexico City. Although Alzati studied at both schools, he never wrote a dissertation or thesis and thus did not earn degrees. ASSASSINATED. GREGORIO ORDONEZ, 36, deputy...
...from seeing his popular support rise because of the Clinton rescue, Mexican President Ernesto Zedillo is now facing widespread mistrust over his bargain with the U.S.,TIME Mexico City bureau chief Laura Lopezreports. "Everyone is asking what he gave away in exchange for it," Lopez says. "He's claimed that he has not compromised sovereignty over the issue, but there's still a level of suspicion in the general population that Uncle Sam wouldn't have done it if there wasn't more in it for him." Worse for Zedillo, whose image of weakness began with the Dec. 20 decision...
...overblown: the Zapatistas are thought to have a few hundred fighters at most, and few officials in Mexico City take such threats seriously. But neither, as they struggle to cope with the wreckage of Mexico's economy, can they dismiss the Chiapas rebels as irrelevant. The best the Zedillo government can hope for is to reduce the rebels' support through continued political and economic concessions. Given the region's poverty, that could take considerable time--and funds. ``I can't deny that more roads and schools are an advance,'' says Pablo Romo, an aide to Roman Catholic Bishop Samuel Ruiz...