Word: pez
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...principal topics on López Portillo's agenda with Jimmy Carter will be trade and the need to promote a new and healthier relationship between the two countries. Mexico is currently going through a grave economic crisis. Inflation is running at an explosive rate of 30%. Of Mexico's 63 million people, a vast number are either unemployed or, almost as bad, underemployed. The trade deficit has been growing steadily and now stands at $3.2 billion. Despite this, López Portillo has not gone abegging to the Oval Office, although he would like adjustments...
...Presidents will discuss an ambitious plan for the development of Mexico's petrochemical industry, and Carter is expected to assure López Portillo of adequate U.S. aid. Then there are other substantive questions with which Carter and López Portillo must deal. To begin with, there is the drug problem. Mexico has become the principal supplier to U.S. users of marijuana and heroin. López Portillo has ordered his army to destroy the crops (see box). The crackdown has also filled some Mexican jails with U.S. citizens who were caught with drugs in their possession; about...
Next is the matter of Mexico's illegal migrant workers. Each year Immigration agents all over the U.S. round up tens of thousands of illegals and send them home again. López Portillo has devised a two-pronged solution to the problem: the U.S. should relax its immigration rules to help this safety valve on Mexico's chronic unemployment, and should encourage American investment in Mexican industry, thereby providing more jobs...
Reduced Prices. Finally, and perhaps most urgently, López Portillo is eager to promote tourism...
...Mexico with those countries in the U.N. that voted to equate Zionism with racism. The vote was no sooner recorded than U.S. Jews rushed out to their travel agents to cancel their reservations for Mexican vacations. The tourist business has yet to recover from that devastating period. López Portillo cannot erase his country's vote in the U.N., but he is doing his utmost to convince foreigners of all persuasions that Mexico is once again, as a new slogan declares, "the amigo country...