Aquino joins huge Independence Day parade in Manila
President Corazon Aquino led tens of thousands in Manila for Independence Day celebrations marking freedom from colonial rule and from Marcos era turmoil. She warned the nation of future struggles and praised hope as 150000 spectators watched parades and performances in Rizal Park.
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Mrs. Aquino
Manila
Philippines
Corazon Aquino
Ferdinand E. Marcos
Aquino
Rizal Park
Spain
United States
Marcos
Hawaii
DZME
Communist Party
Solarz presses for more aid to new government
Rep. Stephen Solarz argues the Philippines needs a larger aid package to bolster Corazon Aquino’s government. He seeks 400 million dollars in new aid this fiscal year, more than double Reagan’s 150 million proposal. He also criticized a Hawaii court ruling returning assets tied to Ferdinand Marcos and praised DOJ action to recover them.
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Washington
Reagan
Philippines
House
Corazon Aquino
United States
Stephen Solarz
D-N.y
Solarz
Asia
U.S. District Court
Hawaii
Ferdinand Marcos
Marcos
Treasury
Justice Department
Honduran general denies funds diverted to Contra rebels
Honduran armed forces chief Gen Humberto Regalado Hernandez and a Nicaraguan rebel spokesman denied U S aid to the Contras was diverted to Honduras. GAO said small share reached rebels. Barnes identified Honduras as the country involved. Lopez Keyes, removed from post Feb 1, offered to prove innocence if summoned.
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Tegucigalpa
Honduras
U.S
Nicaraguan Democratic Force
Nicaragua
Humberto Regalado Hernandez
Congress of the
United States
General Accounting Office
Congress
House
Central America
GAO
Michael Barnes
Lopez Keyes
Mexico defends self against capital flight allegations
Mexico rejects accusations that policy failures drive billions of dollars to leave the country citing inflation, slow growth and a bloated budget since 1982. Morgan Guaranty estimates $53 billion fled 1976–85 with $17 billion from 1983–85. Debts stood at $97 billion, second only to Brazil.
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Mexico
Mexico City
United States
Morgan Guaranty Trust Co
New York
Latin America
Brazil
Morgan Guaranty
Bank of Mexico
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