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Don't panic: Here comes bailout bill.

Authors :
Greenwald, John
Carney, James
Source :
TIME Magazine; 2/13/1995, Vol. 145 Issue 6, p34, 3p, 5 Color Photographs, 1 Diagram
Publication Year :
1995

Abstract

Gives some consideration to the reasoning behind President Bill Clinton's decision to bypass Congress in order to help the currency crisis in Mexico. The slide of the peso; Problems in Latin America's financial markets; Short-term results of the rescue led by the United States to save Mexico from defaulting on $26 billion of Tesobonos bonds; The North American Free Trade Agreement (NAFTA); More.

Details

Language :
English
ISSN :
0040781X
Volume :
145
Issue :
6
Database :
Complementary Index
Journal :
TIME Magazine
Publication Type :
Periodical
Accession number :
9502067798