Monterrey Faces Worst Year in Mexico Crisis Amid Factory Closures
Monterrey Mexico the region’s top industrial hub endures a harsh 1986 marked by a 34 percent drop in buying power, a debt crisis pushing non oil exports, and large layoffs like the Fundidora steel closure. Gov Trevino calls it Mexico’s toughest year. Major firms Alfa and Visco report heavy losses while exporters Cydsa and Vitro post profits. Government programs aim to create 10 000 export focused jobs as GATT expands foreign markets.
MENTIONED IN THIS ARTICLE
Monterrey
Mexico
United States
Nuevo Leon
Jorge Trevino
Trevino
Fundidora Steel Company
Texas
Laredo
McAllen
Alfa
Visa
Mexican Stock Exchange
Grajeda
Cydsa
Vitro
Stock Exchange
Nacional Financiera
GATT
Salvador Califa
Armed guard ordered in Florida custody battle over girl
Broward Circuit Judge J Leonard Fleet ordered an armed guard outside the Sunrise home of Gary and Deborah Stern to prevent flight with 4 year old Rachel Rawser. He also required surrender of passports to stop the couple from leaving the country. The emergency session followed a New Jersey order granting the stepmother temporary custody and came after the girl's father allegedly offered to sell her for 160000. The Sterns have defied prior orders and face further hearings as they seek to keep custody.
MENTIONED IN THIS ARTICLE
Fort Lauderdale
Fla
Florida
Broward
J. Leonard Fleet
Gary
Deborah Stern
Sunrise
Rachel Rawser
New Jersey
Cindy Sullivan-Waltman
Fleet
Ms. Sullivan-Waltman
Rachel
Sterns
Stern
Kenneth Delegal
Sullivan-Waltman
Giants
Joseph Waltman
Waltman
Sullivan Waltman
Harry Gulkin
Sullivan- Waltman
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Genara Gonzalez Torres
Chamber of Industry
Luis Enrique Grajeda
Centro Patronal
Gonzalez
Uulis
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Pound Puppies, Inc
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