peso plunge shakes Mexico market after peso crashes
Mexico City’s peso sank 13 percent on Tuesday and nearly 16 percent on Thursday amid unrest in Chiapas and government moves. The drop raises import prices and global investor caution, with Treasury Secretary Serra Puche meeting Wall Street firms in New York as analysts warn emerging markets may feel the pinch and Latin America nerves tighten after NAFTA milestones.
MENTIONED IN THIS ARTICLE
Chiapas
Treasury
Jaime Serra Puche
Wall Street
New York
Suhas Ketkar
First Boston Corp
Our Sunday Best It used to be a simpler season in eastern N.C.
A reflective piece recalls a bygone season in eastern North Carolina. The narrator contrasts past rhythms and routines with present life, evoking local color, customs, and community ties that defined Sundays in earlier times.
MENTIONED IN THIS ARTICLE
N.C
Rudolph puppet brings small-town joy to holiday crowd
A 12 year old, Joey King, voices Rudolph in a giant puppet while Amber, age 4, approaches the display behind a white picket fence. The boy works Rudolph’s mouth and foot button to light the red nose and adults cheer as children’s eyes brighten.
MENTIONED IN THIS ARTICLE
Rudolph the Red-Nosed Reindeer
Joey King
Rudolph
Amber Robinson
King
Amber
Mer
Sharon
Ember Robinson
Twin Rivers Mall
Two sue to invalidate railroad lease
Norfolk Southern and a Craven County shareholder group sue North Carolina Railroad Co. to void a proposed 15-year lease extension with Norfolk Southern. The deal would raise NCRR revenues to about 8 million annually with inflation, and allow two further 15-year renewals. County and state shareholders allege the plan benefits private interests over the state.
MENTIONED IN THIS ARTICLE
North Carolina Railroad Co
NCRR
Norfolk Southern State
Norfolk Southern
Morehead
Charlotte
North Carolina
NCRA
Alan Kahn
Fred Werner
Craven County
Morgan Stanley & Co
Discipline and economy blamed for rising North Carolina dropouts
North Carolina reports a rise in high school dropouts for the first time since 1989 with more than 19,000 students leaving grades seven through 12, up 1,632 from the prior year. Officials cite stricter graduation standards and discipline, plus an improving economy drawing youths into full‑time work.
MENTIONED IN THIS ARTICLE
North Carolina
Etheridge
Clinton defense budget boost gains Republican backing
Defense Secretary Perry reports key bipartisan support for a $2 billion emergency funding request to bolster military readiness. Sen. Strom Thurmond and Rep. Floyd Spence led a closed door meeting in which they signaled possible approval, despite misgivings over preapproved deployments. Perry warned of consequences for operations and maintenance funds if the aid is not provided.
MENTIONED IN THIS ARTICLE
Clinton
William Perry
Perry
Strom Thurmond
Rep
Floyd Spence
South Carolina
Congress
Haiti
Rwanda
Spence
House Armed Services Committee
Senate
Thurmond
Bec
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