Zedillo bets austerity plan to quell Mexican crisis
President Ernesto Zedillo unveils a stern austerity program with a 50 percent sales tax hike, higher fuel and electricity prices, and wage growth limits as inflation is forecast to hit 42 percent. The plan sparks widespread protests and party dissent while authorities vow currency stabilization.
MENTIONED IN THIS ARTICLE
Mexico City
Ernesto Zedillo
Daniel Cazes
la Jornada
Zedillo
Congress
Chamber of Deputies
Institutional Revolutionary Party
PRI
Mexico
Senate
Alejandro Rojas Duran-Diaz
Laudha Elena Sansores San Roman
Russian armor rolls into Chechen hills near Grozny
Columns of masked Russian armored vehicles moved east from Grozny toward Gudermes amid preparations for an offensive against rebel forces. Officials indicated planned strikes against Argun and Gudermes, bases for secessionist fighters backing Dudayev, as Grachev cited ongoing military methods to settle the Chechen crisis.
MENTIONED IN THIS ARTICLE
Sleptsovsk
Russia
Gudermes
Grozny
Argun
Shali
Dzhokhar Dudayev
Pavel Grachev
Mozdok
Chechnya
Startass
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