December 15, 1991 |
President Bush and Mexican President Carlos Salinas de Gortari, meeting at Camp David, Md., ordered negotiators of a U.S.-Mexico free-trade pact to complete the controversial accord "as soon as possible," the White House said Saturday. By expressing their "strong commitment" to the North American Free Trade Agreement, the two leaders appeared eager to demonstrate that election-year politics will not slow progress on the issue of trade between the two nations.
October 4, 1993 |
Confronted with a stagnating economy and elections next year, Mexican President Carlos Salinas de Gortari on Sunday announced tax cuts, wage hikes, price drops and farm incentives aimed at stimulating growth after more than a decade of austerity. Salinas' package is the first attempt by the government in 13 years to redress the erosion of wages that has cut workers' spending power in half.
February 18, 1997 |
Former President Carlos Salinas de Gortari threatened Monday to sue or seek criminal charges against anyone who accuses him or his family of being linked to drug lords. Such accusations, described by Salinas' lawyer, Mariano Albor, as "an ambush," appeared in the Mexican press over the weekend. The reports were sketchy and did not identify the source of most of the claims. Members of the ruling Institutional Revolutionary Party, or PRI, rallied to the former president's defense.
November 24, 1990 |
When Presidents Bush and Carlos Salinas de Gortari sit down Monday afternoon to an outdoor lunch near the city hall of Agualeguas, a small farming community in northern Mexico, one issue will overshadow all others: jobs. The two leaders will be meeting for the sixth time--they first met as presidents-elect late in 1988. As other sensitive issues have slipped slightly from the top of the agenda in the touchy U.S.
June 9, 1990 |
Not long ago, free trade was considered a very American idea that good Mexicans didn't promote in public. More often, they denounced it as a U.S. plot to undermine Mexico's economy. But when President Carlos Salinas de Gortari visits Washington on Sunday, he will be the one urging the United States to move quickly on a free trade agreement, which he considers key to the success of his economic policies.
November 16, 1991 |
Promising to slash inflation to a single digit, President Carlos Salinas de Gortari Friday sent Congress Mexico's first balanced budget. The $93-billion 1992 budget includes a $2-billion surplus, not counting proceeds from sales of state-owned companies. After adjustment for inflation, federal spending will increase by 4% over this year. The congress, controlled by Salinas' Institutional Revolutionary Party, is expected to overwhelmingly pass the budget.
November 2, 1992 |
In a potentially important step toward democratic elections, President Carlos Salinas de Gortari called Sunday for campaign spending limits and "transparency" in the source of campaign financing. Salinas, who has been forced to remove three ruling party governors after fraud-tainted votes, also said he would seek impartial election coverage from predominantly pro-government media.
November 11, 1991 |
President Carlos Salinas de Gortari lifted a number of government restrictions Sunday, cut taxes and raised wages and prices in an effort to cut inflation and spur further economic growth. The measures were part of an "economic pact" between the administration, business and labor representatives, which was renewed for another year during a ceremony at the presidential residence.
September 25, 1993 |
For President Carlos Salinas de Gortari, a series of long-anticipated electoral revisions passed by Congress in recent weeks could have served as the crowning achievement of his much-ballyhooed democratic reforms. In lauding the hard-won accords, the culmination of years of effort, the president embraced "political civility" and "dialogue"--still novel concepts in a nation dominated for more than six decades by Salinas' Institutional Revolutionary Party, the world's most enduring ruling bloc.
May 18, 1993 |
Seeking to ensure the permanence of his economic reforms, President Carlos Salinas de Gortari on Monday proposed writing into the constitution autonomy for the nation's central bank, making it more like the independent U.S. Federal Reserve or the German Bundesbank. Amid uncertainty about passage of the North American Free Trade Agreement in the United States, the proposed amendment is clearly an attempt to reassure foreign and domestic investors about Mexico's long-term economic stability.