To the rescue
Article Abstract:
Pres Clinton deserves credit for persistence in obtaining $50 billion in loan guarantees for Mexico despite Congressional interference, as inaction could have devastated Latin American development. Mexican Pres Ernesto Zedillo must now reform his government and economy to prevent a reoccurance.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1995
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How one big battle was won
Article Abstract:
Mexico's current situation is much less serious than the '81-82 crisis, which required a concerted international banking rollover of the debt and interest of 17 nations. Mexico's 1994 illiquidity was a monetary policy error, not a harbinger of insolvency.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1995
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A new, big ally
Article Abstract:
Pres Clinton is acting correctly by encouraging the Cyrus Vance and Lord Owen peace plan in Bosnia. NATO ambassador Reginald Bartholomew was a good addition to the team. Clinton's policy is that all parties must agree to a settlement in Bosnia.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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