Mexico faces recession amid 20 billion dollar bailout
Mexico braces for a near inevitable recession despite a U.S. loan package worth 20 billion dollars tied to austerity. Officials say the aid would be worse without reforms including higher interest rates and privatization. The plan uses oil revenues as loan collateral, sparking opposition from the Democratic Revolution Party and the National Action Party.
MENTIONED IN THIS ARTICLE
Mexico City
U.S
Mexico
United States
Ernesto Zedillo
Democratic Revolution Party
National Action Party
Treasury
Guillermo Ortiz
House
Bank of Mexico
Federal Reserve
Chile
Blanco
Peace plan for Northern Ireland unveiled in Belfast
Prime Ministers John Major and John Bruton outlined a cross border power sharing framework aimed at ending decades of violence in Northern Ireland. The plan envisions a shared parliament, a cross border authority, and constitutional changes in both nations with a future referendum on the province’s status. Reaction split among major parties as leaders warned of tough negotiations ahead.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
John Major
Britain
John Bruton
Ireland
Major
Bruton
Irish Republican Army
Dublin
London
NUE Agen Ital Vlauu
Didhe Tia
European Union
Chinese Dams Collapse Hide Vast Toll In 1975
Human Rights Watch Asia aggregates state and leaked records showing the Bangiao and Shimantan dam failures in Henan Province in August 1975 killed tens of thousands to hundreds of thousands. The government suppressed flood details and relocations for the Three Gorges project sparked protests and fears of unrest.
MENTIONED IN THIS ARTICLE
Bening
Human Rights Watch-Asia
Bangiao
Shimantan
Henan
Human Rights Organization
Beijing
China
Human Rights Watch
Three Gorges
Sun Yatsen
Li Peng
Robin Munro
Hong Kong
Wanxian Prefectural Public Security Department
Banqiao
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Rio de Janeiro
Rio
Aplan
Elyria
Pao
Aes
Emer
Ates
VISA
Mastercard
Discover
U.S. Treasury
Robert Rubin
Sermo Sammuento
Stock Exchange
Francisco Blanco
Arka Casa de Bolsa
Repubic
James Molyneaux
Ulster Unionist Party
Ian Paisley
Democratic Unionist Party
Steven Musson
Washington Post
Powers & Dawley
West College $T
Oberlin
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