|
Loans help Mexico, but only in the short term.
|
Mexico is benefitting from a nearly $50 billion credit package arranged by President Bill Clinton last week, but the country is still facing an uncertain economic future, analysts say.
"In the short term, the liquidity crisis appears to have been averted," said Chris Woodruff, an economics professor at UCSD's Graduate School of International Relations and Pacific Studies. "Over the medium term, and by that I mean this year, Mexico has some fairly serious economic problems to address."
Last week, Clinton abandoned an earlier loan-guarantee package of $40 billion ...
|
Proud past of forgotten gem Seaforth; Time has forgotten the elegant seaside village, boyhood home of a great Prime Minister, but nowSeaforth is to be celebrated again.(News)
Newspaper article from: Daily Post (Liverpool, England)
; ...February 9. Another of the Rev Rawson's pupils was Arthur Penrhyn Stanley (1815-1881), the theologian and poet, who, as a pupil at Rugby School, provided the model for George Arthur in Tom Hughes's book, Tom Brown's Schooldays...
|
|
History's twists and turns; Sympathy shifts away from Israel.(OPED)
Newspaper article from: The Washington Times
; ...worthless soil, had almost deserted the country." Things hadn't changed much by 1881, when British cartographer Arthur Penrhyn Stanley observed, "In Judea it is hardly an exaggeration to say that for miles and miles there is no appearance of life...
|
|
Anniversaries
Newspaper article from: The Independent - London
; ...Whitfield), organist and composer, 1770; Heinrich (H arry) Heine, poet and journalist, 1797; The Rev Arthur Penrhyn Stanley, biographer, 1815; Ernst Werner von Siemens, inventor, 1816; Edwin George Monk, organist and musical director...
|
Find more facts and information related to the
article "Loans help Mexico, but only in the short term."