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Fobaproa
Fobaproa (''Fondo Bancario de Protección al Ahorro''; "Savings Protection Banking Fund", in Spanish) was a contingencies fund created in 1990 by the Mexican government, led by then dominant Institutional Revolutionary Party (PRI) to attempt to resolve liquidity problems of the banking system. The contingencies fund was applied in 1995 during the Mexican peso crisis to protect Mexican banks. In 1998, it was replaced by Instituto para la Protección al Ahorro Bancario (Bank Savings Protection Institute), Mexico's current deposit insurance agency. In the years following the peso crisis, Fobaproa and its resulting debt has become a subject of controversy in Mexican politics. Beneficiaries of the fund were companies favored by the country's political leadership and were implicated in a number of corruption cases. The management of the Fobaproa funds drew significant criticism by Mexico's then two main opposition parties, the Party of the Democratic Revolution and the National Action ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrés Manuel López Obrador
Andrés Manuel López Obrador (; born 13 November 1953), also known by his initials AMLO, is a Mexican politician who has been serving as the 65th president of Mexico since 1 December 2018. He previously served as Head of Government of Mexico City from 2000 to 2005. Born in Tepetitán, in the municipality of Macuspana, in the south-eastern state of Tabasco, López Obrador earned a degree in political science from the National Autonomous University of Mexico following a hiatus from his studies to participate in politics. He began his political career in 1976 as a member of the Institutional Revolutionary Party (PRI). His first public position was as director of the Indigenous Institute of Tabasco, where he promoted the addition of books in indigenous languages and the project of the Chontal ridge. In 1989, he joined the Party of the Democratic Revolution (PRD), becoming the party's 1994 candidate for Governor of Tabasco, and national leader between 1996 and 1999. In 2000, he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ernesto Zedillo
Ernesto Zedillo Ponce de León (; born 27 December 1951) is a Mexican economist and politician. He was 61st president of Mexico from 1 December 1994 to 30 November 2000, as the last of the uninterrupted 71-year line of Mexican presidents from the Institutional Revolutionary Party (PRI). During his presidency, he faced one of the worst economic crises in Mexico's history, which started only weeks after taking office. While he distanced himself from his predecessor Carlos Salinas de Gortari, blaming his administration for the crisis, and overseeing the arrest of his brother Raúl Salinas de Gortari, he continued the neoliberal policies of his two predecessors. His administration was also marked by renewed clashes with the EZLN and the Popular Revolutionary Army; the controversial implementation of Fobaproa to rescue the national banking system; a political reform which allowed residents of the Federal District (Mexico City) to elect their own mayor; the privatization of nati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1994 In Mexico
Events in the year 1994 in Mexico. Incumbents Federal government * President of Mexico, President: Carlos Salinas de Gortari (until November 30), Ernesto Zedillo (starting December 1) * Secretariat of the Interior, Interior Secretary (SEGOB): Patrocinio González Garrido/Jorge Carpizo McGregor/Esteban Moctezuma * Secretary of Foreign Affairs (Mexico), Secretary of Foreign Affairs (SRE): Manuel Camacho Solís/José Ángel Gurría * Secretariat of Communications and Transportation (Mexico), Communications Secretary (SCT): Emilio Gamboa Patrón/Guillermo Ortiz Martínez/Carlos Ruiz Sacristán * Secretariat of National Defense (Mexico), Secretary of Defense (SEDENA): Antonio Riviello Bazán/Enrique Cervantes Aguirre * Secretariat of the Navy, Secretary of Navy: Luis Carlos Ruano Angulo/José Ramón Lorenzo Franco * Secretariat of Labor and Social Welfare, Secretary of Labor and Social Welfare: Arsenio Farell Cubillas/Manuel Gómez Peralta/Santiago Oñate Laborde * Secretariat of W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Language
Spanish ( or , Castilian) is a Romance languages, Romance language of the Indo-European language family that evolved from colloquial Latin spoken on the Iberian peninsula. Today, it is a world language, global language with more than 500 million native speakers, mainly in the Americas and Spain. Spanish is the official language of List of countries where Spanish is an official language, 20 countries. It is the world's list of languages by number of native speakers, second-most spoken native language after Mandarin Chinese; the world's list of languages by total number of speakers, fourth-most spoken language overall after English language, English, Mandarin Chinese, and Hindustani language, Hindustani (Hindi-Urdu); and the world's most widely spoken Romance languages, Romance language. The largest population of native speakers is in Mexico. Spanish is part of the Iberian Romance languages, Ibero-Romance group of languages, which evolved from several dialects of Vulgar Latin in I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlos Salinas De Gortari
Carlos Salinas de Gortari CYC DMN (; born 3 April 1948) is a Mexican economist and politician who served as 60th president of Mexico from 1988 to 1994. Affiliated with the Institutional Revolutionary Party (PRI), earlier in his career he worked in the Secretariat of Programming and Budget, eventually becoming Secretary. He secured the party's nomination for the 1988 general election and was elected amid widespread accusations of electoral fraud. An economist, Salinas de Gortari was the first Mexican president since 1946 who was not a law graduate. His presidency was characterized by the entrenchment of the neoliberal, free trade economic policies initiated by his predecessor Miguel de la Madrid in observance of the Washington Consensus, mass privatizations of state-run companies, Mexico's entry into NAFTA, negotiations with the right-wing opposition party PAN to recognize their victories in state and local elections in exchange for supporting Salinas' policies, normalizati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlos Monsiváis
Carlos Monsiváis Aceves (May 4, 1938 – June 19, 2010) was a Mexican philosopher, writer, critic, political activist, and journalist. He also wrote political opinion columns in leading newspapers within the country's progressive sectors. His generation of writers includes Elena Poniatowska, José Emilio Pacheco, and Carlos Fuentes. Monsiváis won more than 33 awards, including the 1986 Jorge Cuesta Prize (named after a fellow writer about whom he wrote a book), the 1989 Mazatlán Prize, and the 1996 Xavier Villaurrutia Award. Considered a leading intellectual of his time, Monsiváis documented contemporary Mexican themes, values, class struggles, and societal change in his essays, books and opinion pieces. He was a staunch critic of the long-ruling Partido Revolucionario Institucional (PRI), leaned towards the left-wing, and was ubiquitous in disseminating his views on radio and television. As a founding member of "Gatos Olvidados", Monsiváis wanted his and other "forgo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chamber Of Deputies Of Mexico
The Chamber of Deputies (Spanish: ''Cámara de Diputados'', ) is the lower house of the Congress of the Union, the bicameral parliament of Mexico. The other chamber is the Senate. The structure and responsibilities of both chambers of Congress are defined in Articles 50 to 70 of the constitution. History Bicameral legislature, including the Chamber of Deputies, was established on 4 October 1824. Unicameral Congress was in place from 7 September 1857 to 13 November 1874. After being drafted, one copy of the Declaration of Independence of the Mexican Empire was given to the Provisional Governmental Board, which was later put on display in the Chamber of Deputies until 1909, when fire destroyed the location. Composition The Chamber of Deputies is composed of one federal representative (in Spanish: ''diputado federal'') for every 200,000 citizens. The Chamber has 500 members, elected using the parallel voting system. Elections are every 3 years. Of these, 300 "majority deputie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
White-collar Worker
A white-collar worker is a person who performs professional, desk, managerial, or administrative work. White-collar work may be performed in an office or other administrative setting. White-collar workers include job paths related to government, consulting, academia, accountancy, business and executive management, customer support, design, engineering, market research, finance, human resources, operations research, marketing, public relations, information technology, networking, law, healthcare, architecture, and research and development. Other types of work are those of a grey-collar worker, who has more specialized knowledge than those of a blue-collar worker, whose job requires manual labor. Etymology The term refers to the white dress shirts of male office workers common through most of the nineteenth and twentieth centuries in Western countries, as opposed to the blue overalls worn by many manual laborers. The term "white collar" is credited to Upton Sinclair, an Amer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of The Interior
An interior ministry (sometimes called a ministry of internal affairs or ministry of home affairs) is a government department that is responsible for internal affairs. Lists of current ministries of internal affairs Named "ministry" * Ministry of Internal Affairs (Adygea) * Ministry of Interior Affairs (Afghanistan) * Ministry of Internal Affairs (Albania) * Ministry of Internal Affairs (Altai Republic) * Ministry of the Interior (Argentina) * Ministry of the Interior (Austria) * Ministry of Internal Affairs (Azerbaijan) * Ministry of Interior (Bahrain) * Ministry of Home Affairs (Bangladesh) * Ministry of Public Administration (Bangladesh) * Ministry of Internal Affairs (Bashkortostan) * Ministry of Internal Affairs (Belarus) * Ministry of Home Affairs (Bermuda) * Ministry of Home and Cultural Affairs (Bhutan) * Federal Ministry of Interior (Federation of Bosnia and Herzegovina) * Ministry of National Integration (Brazil) * Ministry of Home Affairs (Brunei) * Ministry of Int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Debt
A country's gross government debt (also called public debt, or sovereign debt) is the financial liabilities of the government sector. Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit occurs when a government's expenditures exceed revenues. Government debt may be owed to domestic residents, as well as to foreign residents. If owed to foreign residents, that quantity is included in the country's external debt. In 2020, the value of government debt worldwide was $87.4 US trillion, or 99% measured as a share of gross domestic product (GDP). Government debt accounted for almost 40% of all debt (which includes corporate and household debt), the highest share since the 1960s. The rise in government debt since 2007 is largely attributable to the global financial crisis of 2007–2008, and the COVID-19 pandemic. The ability of government to issue debt has been central to state formation and to state building. Public debt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Congress Of Mexico
The Congress of the Union ( es, Congreso de la Unión, ), formally known as the General Congress of the United Mexican States (''Congreso General de los Estados Unidos Mexicanos''), is the legislature of the federal government of Mexico consisting of two chambers: the Senate of the Republic and the Chamber of Deputies. Its 628 members (128 senators and 500 deputies) meet in Mexico City. Structure The Congress is a bicameral body, consisting of two chambers: The Senate of the Republic and the Chamber of Deputies. Its structure and responsibilities are defined in the Third Title, Second Chapter, Articles 50 to 79 of the 1917 Constitution. The upper chamber is the Senate, ''"Cámara de Senadores"'' or ''"Senado"''. It comprises 128 seats, 96 members are elected by plurality vote, with 3 members being elected in each State; the other 32 members are elected by proportional representation in a single country-wide constituency. The lower house is the Chamber of Deputies, or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
