Zedillo Defends Austerity and Peso Band Plan
Mexican President Ernesto Zedillo defended a strict austerity program and proposed letting the peso float within a fixed band after markets calm. He said a favorable change in the peso is coming and urged credibility through consistent adjustments despite critics and a contentious 50 percent sales tax rise. He spoke during a flight from Durango to Mexico City amid opposition from lawmakers and a wary market outlook.
MENTIONED IN THIS ARTICLE
Durango
Mexico
Ernesto Zedillo
Zedillo
Mexico City
Congress
Rights group denounces rising killings of Brazilian street children
Human Rights Watch Americas denounces increased child killings in Brazil after six homeless youths were found murdered. In Rio de Janeiro and Pernambuco, minors aged 14 to 17, many black or mixed, are targeted by police, vigilantes, and drug gang henchmen. The study notes rising fatal violence amid poverty and weak welfare systems.
MENTIONED IN THIS ARTICLE
Rio DE Janiero
Brazil
Fernando Henrique Cardoso
Human Rights Watch Americas
Rio
Pernambuco
James Cavallaro
Cavallaro
Food shortages hit Rwandan refugee camps amid shaky aid
United Nations and relief groups warn hunger and unrest rise in Rwandan camps and nearby states. Up to 3 million depend on aid as donors lag, halving rations in Zaire and Tanzania from 1900 to 1000 calories daily. Officials urge more pledges and faster delivery to prevent renewed violence.
MENTIONED IN THIS ARTICLE
United Nations
Rwanda
Zaire
Tanzania
World Food Program
Burundi
Robert P. DeVecchi
International Rescue Committee
New York
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Duffy Donnovan
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Duffy's
6Th & Iowa
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Pate
Avalon
Aosta
Lee Pam
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Pwr
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Cass
Pwr Wil
Sik
Erie
Yota
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