100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Download this Issue

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

This collection, digitized in collaboration with the Michigan Daily and the Board for Student Publications, contains materials that are protected by copyright law. Access to these materials is provided for non-profit educational and research purposes. If you use an item from this collection, it is your responsibility to consider the work's copyright status and obtain any required permission.

January 30, 1996 - Image 7

Resource type:
Text
Publication:
The Michigan Daily, 1996-01-30

Disclaimer: Computer generated plain text may have errors. Read more about this.

The Michigan Daily - Tuesday, january 30, 1996 - T

NATION/WORLD
Japan seeks 10-year
sentence for U.S.

t'

1 OR MORE female students wanted for LIVE LIKE A GYPSY, make out like a WORK STUDY STUDENTS are needed SPRING BREAK '96
housekeeping or food preparation or office bandit. Average U of M Summer income for several office positions at Student With only 1 week to live-DON'T BLOW IT
asst. or errands. Flexible hrs. own car. $6-$81 $8300. All majors. Call Dirk 665-7119. Publications. We're looking for a punctual, BOOK NOW!!
hr. 665-3226 anytime. MACKINAC ISLAND Resort Hotel seeking energetic student for assisting with mail, Florida & Padre $109, Bahamas $359, Can-
t WORK STUDY JOB, English Dept., a.m. summer staff-front desk, night audit, dining phones, filing, cash receipts and computer can $399
only, office work, $6/hr. Call Jody 764-6330. rm., k it c h ., maintenance, sec. & skills. Various hours available. Pay $5.40 to Organize a group-TRAVELEFREE!!
SPECIAL GIFT- We're looking for heal- housekeeping. Contact Marti Winkel, Io- $6.25 per hour. Call 764-0550 for informa- For free information packet:
women between the ages 21-35 for egg quois Hotel Winter Office 669-8091. tion or apply at 210E Student Publications Call SunSplash Tours 1-800/426-7710.
.....,.,..-Al .:~---e _-- - - A hI CAN 1IjT~ a nr n Bldg. SPRING BREAK Panama City Florida from

1on ation. All ethnicback grounds
encouraged. Fee paid. Send inquiries to
A ARMA, P.O. 2674, Ann Arbor, MI 48106.
9 ALASKA STUDENT JOBS! Great $$$1
Thousands of jobs avail. Male/Female. Rm./
(board/trans. often provided. Great adventure.
!Guide 919/933-0188 ext. A1010.
ALL SHIFTS AVAILABLE Last semester
our employees eamed $6.50/hr. This year
we're planning a cruise to the Caribbean.
Apply at Subway N. campus- 1701 Plymouth
Rd.
APPLY NOW! Summer grounds/main-
ance help needed for work beginning in
m ay. Locations could include A2, Ypsi, W.
Bloomfield & Farmington areas. Apply in
person to Triad Management. 339 E. Liberty.
Suite 300, A2.
ATHLETIC, POISED men and women for
semi-private country club in town. Hiring for
01, 9-hole course, Pro shop and parties.
Flexible and fun summer awaits you! 313/
769-5912 or 971-5500.
ATTENTIVE WAITSTAFF/Host Staff
needed for U-Club lunch. Call Darla at 763-
5789.
VON REPS NEEDED on campus today.
II Kelly 1-800/484-8040 ext. 5138.
BAKERY DELIVERY- early early a.m. The
Moveable Feast. Applyinperson Mon.-Fri.
3-5 or call Cheryl 747-6740 for further
information.
BUS PEOPLE needed for sororityl $4.00/
hour, plus both lunchtime and evening meals.
Call 995-0748.
CABLE DESCRAMBLERS. Learn simple
way to make them. Keep one or sell them for
big $$$. 913-9826.
CAMPUS INN
*eking enthusiastic & dependable
individuals for the following positions:
*Waitstaff
*Bussers
*Bartenders
*Banquet Servers & Set-up
Excellent benefits & wages offered.
Please apply in person at CAMPUS INN
615 E. Iluron (at Huron & State).
CASHIER for N. Campus service
station.Mon.-Thur., 3:30-10 p.m. 663-6019.
MPUTER RENAISSANCE is hiring
-time/part-time Computer Consultants &
Technicians for its Ann Arbor retail store.
Hourly salary, benefits, bonus. Call 313/994-
1030 or fax resume to 313/994-1304.
CONVERSATIONAL ENGLISH
TEACHERS NEEDED in South Korea
immediately. Bachelor's required. No fees.
Contact us at English Teacher Recruiting
Service, 9011-2 George Avenue, Berrien
Springs, MI. 49103-1620, or 616/473-2129.

Lta~ni.ZIt~~Y i£L.LiE. .iJs acceptng
apps. for Winter '96. $6-9/hr. for talking on
the phone. Fun, friendly environment. Speak
with Alumni, raise money, build your resume
& interpersonal comm. skills. Stop by 611
Church St. #304 or call 998-7420 for more
info.
NATIONAL PARKS HIRING - Positions
are now available at National Parks, Forests
& Wildlife Preserves. Excellent benefits +
bonuses! Call: 1-206/971-3620 ext. N55983.
NEED A JOB with flexible hrs.? Full & part-
time psitions available at the Pizza store in
the Domino's world headquarter. Flexible
hrs., meal allowance, membership to earn on-
site health club. Health benefits available.
Call 930-3630 Monday through Friday
before 11a.m. or after 2p.m. for more info.
OFFICE ASST. NEEDED - immediate,
part-time position. Some math skills needed.
Will train. Good pay & flexible hours. Call
995-0581.
OUR CHILDREN NEED YOU to play &
learn with them at our child care centers. One
mile from campus. If you are available any
full days M-F please call 761-2576. $6.50/hr.
OUR FIRM IS looking for individuals who
want to gain comprehensive management ex-
perience next summer. Earn $6000 to
$10,000 per summer. Positions available
throughout Michigan incl. Rochester, Utica,
Troy, Farmington, Bloomfield, Novi,
Livonia, Flint, Grand Rapids, Holland, Mus-
kego and more. 800/887-1960.
PART-TIME positions available at Dough
Boys Bakery Traver Village location. Call
Karen 761-8032.
PART-TIME WORK for a student to rent
student property. Need a car. 668-3399.
POSTAL & Government jobs $21hr. +
benefits. No experience. Will train. Call 313/
913-5082.
PREMIERE BROTHER-SISTER CAMPS
IN MASSACHUSETTS
Counselor positions for talented and ener-
getic students as Program Specialists in all
Team Sports, especially Baseball, Roller
Hockey, Gymnastics, Field Hockey, Soccer,
Volleyball; 30 Tennis openings; also Golf,
Archery, Riflery, Pioneering/Overnight
Camping, Ropes and Rock Climbing,
Weights/Fitness and Cycling; other openings
include Performing Arts, Fine Arts, Figure
Skating, Newspaper, Photography,
Yearbook, Radio Station, Cooking, Sewing,
and Rocketry, All Waterfront/Pool Activities
(Swimming, Skiing, Sailing, Windsurfing,
CanoeingKayaking). Top salaries, room,
board and travel. June 18th-August 17th.
Inquire:
MAH-KEE-NAC (Boys): 1-800/753-9118
DANBEE (Girls): 1-800/392-3752
SECURITY GUARDS NEEDED for U of
M campus. Part & full-time available w/
flexible schedule. Aly @ State Security
Services 525 Church. 668-0444. EOE.
SEMEN DONORS NEEDED, O negative.
For this blood type, $120 is paid per accep-
table donation. Write APRL, P.O. Box 2674,
Ann Arbor, MI 48106.
SEMEN DONORS NEEDED for an infer-
tility clinic. Male students or grads. 20-40
yrs. old are sought. Donors are paid $60 per
acceptable donation. Write APRL,P.O. Box
2674, Ann Arbor, MI 48106.
SENIORS-- Graduating soon and don't have
a job lined up? Upsizing national marketing
firm seeks management trainees. Contact
Jacob at 973-7456.
SOC. STUDENT seeking people from
mixed racial backgrounds. If you ar/have
been a UM student, & have parents of dif-
ferent races, I'd like to interview you. Inter-
views are confidential and will last about 1
hour. Call Brad @ 213-0560 or email
bradjh@umich.edu
SUMMER BUSINESS. Are you an
entrepreneur? Great opportunity with low
start-up cost. Management training, earn up
to $600/wk. Vehicle req. Call Greenland Ir-
rigaion 1-800/361-4074.
SUMMER CAMP JOBS. Leadership posi-
tions with excellent salaries: general coun-
selors for male groups, water safety
instructors, lifeguards, fishing, archery. Call
201/994-3897. Randolph, NJ.

WORK STUDY positions- Nonprofit
Enterprise at Work, a support center for non-
profits has several jobs including community
relations, clerical, education and training. For
further info check our postings in Gopher-
Blue or call 998-0160. Positions are for stu-
dents who have qualified for Work Study
only.
WORK STUDY student wanted for general
duties in pulmonary research lab at the VA.
Call 769-7100 ext. 4077.
WORK-STUDY student urgently needed at
Center for South & Southeast Asian Studies
for office and program assistance; good pay.
Call Gigi at 764-0352.
YOUNG ENTREPRENEURS- I made
$2250 in 2 weeks in business for myself.
Looking for three students to do the same.
Contact Jacob at 973-7456.
child care
CHILD CARE for 6 and 4 year-old and
baby, housekeeping, Idry., simple meals. 3-8
p.m. M-F, a.m. hours in May. Must dive n-
smkr. 1 yr. min. 996-4136.
CHILD CARE NEEDED NE of Ann Arbor,
for 8 & 11 yr. old 2:30-7:30 p.m. Tues.,
Wed., Thurs., & occasional. Must have own
trans. & be a non-smoker. Liking for Golden
Retriever & a cat a plus. 996-0593 after 7.
EARLY CHILDHOOD substitute needed.
Have fun and eam money too. Working with
infants, toddlers, and pre-school age children.
Call 668-0887 for an appointment.
LIVE-IN NANNY free room & board. Care
for 8 yr. old boy 7-9 a.m. & 3:30-9 p.m.
Mon.-Fri. Trans. nec. Good pay & benefits.
Great opportunity. 761-2275.
NIGHTTIME CHILD CARE in my home
for 9 yr. old. 3 nights a week. Need car &
references. Darlene at 475-6436.
PART-TIME CHILD care needed for 2
great twin 4 yr. old boys. Late aftemoon &
evening hours. Own car. Please call 663-
6338.
** SPRING BREAK 96 Jamaica, Cancun,
Bahamas, Florida. Lowest prices around!
Call now to reserve your spot. Josh @ 995-
2256 or Kim @332-7863!
2 TICKETS to Michigan/Purdue B-ball
desperately wanted $$$ 313/213-5963.
AAAA! CANCUN & Jamaica Spring Break
specials! 111% lowest price guarantee! 7
nights, air, hotel from $4291 Save $100 on
food/drinks!
1-800/678-6386.
AAAA! SPRING BREAK Bahamas Party
Cruise! 7 days $279! Incl. 15 meals & 6 free
parties! Great beaches/night life! Leaves
from Fort Lauderdale! http://
www.springbreaktravel.com 1-800/678-
6386.
AAAA! SPRING BREAK! Panama City! 8
days room with kitchen. $119! Walk to best
bars! 7 nights in Key West $259! Cocoa
Beach Hilton (Great beaches/near Disney).
$169! Daytona $139! 1-800/678-6386.

$99 per person per week. Tiki beach bar,
huge beachside hot tub. Free info 1-800/488-
8828.
SPRING BREAK 1996- Cancun, Bahamas,
Florida. Guaranteed lowest prices from
America's #1 spng break company! Call
now, Cirilo at 741-2593.
STEAMBOAT SPRINGS, Colorado- 4
bdrm. townhouse for rent. 419/536-6272.
STUDENTS ANYWHERE in the U.S. on
Continental $159 or $239. Bring your Con-
tinental voucher & AMEX card. Arlene at
Regency Travel, 209S. State, 665-6122.
1-800-328-7513
http:I/wwW tudentadvtrav-Of
FREE FOOD & DRINK PACKAM9 FOR EARLY SIGN.UPS
WORLDWIDE LOW FARES Euro-rail
passes 665-6122.
HERB DAVID GUITAR Studio 302 E.
Liberty, 665-8001. Lessons, tuneup, lessons,
specials, repair. Not just guitar.

soilers in rape case,

SU.S., Japan now
conducting a review of
U.S. military presence
in Okinawa
The Washington Post
TOKYO-Japanese prosecutors asked
yesterday for 10-year prison sentences,
with forced labor, for each of three U.S.
servicemen accused of raping a 12-year-
old Okinawan schoolgirl in September.
Those sentences are about twice as
long as the average sentence for rape
in Japan, which is three to five years.
Prosecutors in Okinawa had been ex-
pected to ask for stiff sentences in light
of the victim's age and the violent
nature of the crime - and perhaps the
international furor caused by the case.
The request came the same day that a
U.S. Marine was sentenced in Naha,
Okinawa, to 11 years in prison for the
bludgeoning death of an Okinawan
woman., Pfc. Joshua Hill of Young-
stown, Ohio, could have faced life in
prison, but prosecutors chose not to
seek the maximum sentence, which
usually is reserved for multiple or ex-
tremely heinous murders, the Associ-
ated Press reported.
No clear motive for the crime was
ever established. The defense claimed
that Hill was mentally unstable and
became angry after an argument with
the victim. Hill admitted that he hit the
woman several times in the head but
said he did not intend to kill her. The
prosecution has alleged that Hill has
shown no remorse and could kill again.
The abduction and rape of the school-

girl caused a massive public outcry in
Okinawa, which hosts the majority of
the 47,000 U.S. troops stationed in Ja-
pan. President Clinton apologized for
the incident, and the two countries are
now conducting a delicate review ofthe
U.S. military presence in Okinawa. Both
countries are hoping to have the issue
resolved before Clinton comes to To-
kyo in April for a state visit.
All three servicemen have pleaded
guilty to conspiring in the girl's ab-
duction, although only one, Navy Sea-
man Marcus Gill, 23, of Woodville,
Texas, has admitted raping her. Ma-
rine Pvts. Kendrick Ledet, 20, of
Waycross, Ga., and Rodrico Harp, 21,
of Griffin, Ga., deny raping the girl.
Under Japanese law, conspiracy to
commit a crime can carry the same
penalty as committing it.
The three-judge panel considering
the case is expected to issue a verdict
next month. The Japanesejudicial sys-
tem has a nearly 100-percent convic-
tion rate.
Sentences for the three Americans
would include labor in prison, which is
an integral part of the Japanese penal
system. Almost all inmates work eight
hours a day in prison factories, making
leather, metal or paper products.
Also yesterday, Japanese media re-
ported that the victim's father had re-
jected an offer of about $9,000 in com-
pensationfrom the accused servicemen.
On Dec. 29, the three men paid the
victim's family about $6,000, which
was to be the first of two payments
totaling $15,000. But the victim's fa-
ther reportedly decided not to accept
any more money from the accused men.

NEEDED: BASSIST & drummer to play w/
key boardist & guitarist. For more info.
please call 996-5867.

$3000 MARKLEY scholarship for soph.
woman eligible for financial aid, GPA 3.3 or
better. Info/application at UM Financial Aid
Office. Deadline 2/21/96.
FEMALE INCEST SURVIVORS, 18 or
older, needed for doctoral study. Must be in
individual and/or group therapy. 2
questionnaires, take about 1 hr. Confidential.
Pays $15. Elaine Bieber 1-800/484-1304,
after tone enter 3849.
FREE FINANCIA L AID! Over $6 Billion
in public and private sector grants & scholar-
ships is now available. All students are
eligible regardless of grades, income, or
parent's income. Let us help. Call Student
Financial Services: 1-800-263-6495 ext.
F55984.
WANTED APPLICANTS FOR 1996
Michigan Loney Queen Pageant at Michigan
State niversity. 3/8/96 ages 17-21, prizes,
$500, & a trip to Norfork VA. to compete for
National Honey Queen. Call Judy Schmaltz
810/627-4556.
roomm ates

S. Korea prosecutes
aides for corruption

The University of Michigan
Department of Dermatology
is seeking volunteers ages
13-30 years to test a new

therapy for Acne.

A

Eligible participants will be
compensated for their time
and effort.
For more information please
call (313) 936-4070
Monday-Friday, 8:00 a.m.
to 5:00 p.m.
Un'versity of Mk h'gan
Medcai Center
COOL SUMMER JOBS! Students Neededl
Earn to $12/hr. + tips working at Resort
Hotels, Theme Parks, Ranches & River Raft-
ing companies nationwide. Call Resort
Em loyment Services 1-206/971-3600 ext.
R55982.

TIOS SELLS MICHIGANS FINEST
Mexican style food and the world's hottest
sauces. Stop by 333 E. Huron, or call 761-
6650. We deliver!

COUNSELORS FOR co-ed N.E. PA, over-
night Jewish Federation camp-3 hrs. from
NYC-General, Sports, H20, & Arts. 1-800-
973-3866. Poyntell@ix.netcom.com
SYCARE NEEDS HELP w/kids, pet care,
p cleaning, organizing, skills wMac, day/
eve., wknds. $6-$8/hr. 996-4847.
DIRECT CARE WORKERS full & part-
time positions available to work with
developmentally disabled adults. Cornpeti-
tive wages & excellent benefits provided.
High school diploma/GED & valid Michigan
driver's license required. Call 313/665-1152.
EOE.
DO YOU LOVE YOUR JOB? Make
enough money? IF NOT, call for work at
home info. 810/988-6752.
MINO'S PIZZA has an exciting, new
ll-time position available in the A2 area. If
you enjoy working with people in the com-
munity and a fast-paced environment, then
we may have what you are looking for. To
interview, call Jim Gwynn 313/930-3369.
E.O.E.
HAVE A GREAT SUMMER experience!
CAMP CANADENSIS, an excellent residen-
tial coed summer camp is looking for caring
counselors who love children. We need coun-
selors to help teach: baseball, basketball,
tennis, soccer, climbing wall, ropes course,
otorcycles, mountain bikes, water-skiing,
-skiing, sailing, dance, drama, arts &
s, newspaper & yearbook, radio station,
video, and much more. Summer season is 6-
19-96 thru 8-16-96. Call 800/832-8228 for
information and an application.
HELP WANTED- Part or Full-time. Detail
oriented. Familiar with PCs & word
processing. $10/hr. Call Bill 996-5168 at
Parke-Davis Research.

SUMMER CAMP counselors to work one
on one with children with special needs in
Chicago's north suburbs. Campers are in-
tegrated into groups with typically develop-
ing peers in day and overnight camp settings.
Call Dave Gendel at Keshet at 847/205-0274
for application.
TEACH ENGLISH ABROAD - Make up to
$25-$45/hr. teaching basic conversational
English abroad. Japan, Taiwan, and S. Korea.
Many employers provide room & board +
other benefits. No teaching background or
Asian languages required. For more minfor-
mation call: 206/971-3570 ext. J55984.
The Young Women's Health Project
University of Michigan Medical Center
SOPHOMORE WOMEN
The Young Women's Health Project is
conducting an ongoing, federally-funded
study of nutrition and its impact on menstrual
function. Subjects are needed who have
experienced or are regularly engaged in any
of the following behaviors:
* binge eating
* intense dieting or fasting
* vomiting or other types of purging
If interested, and you are a sophomore
woman, you may be eligible to participate.
For further info, please contact Dma Pasalis,
Project Coordinator at 936-4867. All subjects
will be paid up to $265 on completion of
their participation in this research project.
TIMBER LAKEITYLER HILL CAMPS
Top NY & PA resident camps have over 200
summer job openings. Counselors, WSI,
Arts, Athletics Specialists and more!!! BEST
SALARIES and travel allowance plus "the
finest summer you'll ever have."
Interviews February 12th in the Michigan
League Room C from 12-7. Call 800/828-
CAMP (9-5 weekdays EST) for an
appointment.
TURKISH TRANSLATOR to English
needed to translate a document. 810/373-
0053.
UNIVERSITY CATERING. The Educated
Palate now hiring waitstaff. Flexible hours.
Great money. Call Petey @ 763-0352.
vIYGTnt~i' A T a 'fl I f,& t~^u.'

COMPW*'W s$& T ORnos
I"
is lowU

Los :Vgeles Times
TOKYO South Korean prosecu-
tors yesterday sought jail terms ranging
from ayearto I 0years for nine business
leaders and five former political aides
who are co-defendants in the corrup-
tion trial of former President Roh Tae
Woo.
Prosecutors demanded a four-year
sentence for Daewoo Group Chairman
Kim Woo Choong, accused of giving
Roh S19 million in bribes, and a three-
year sentence for Samsung Group Chair-
man Lee Kun lee, who allegedly gave
the former president bribes of S12.6
million. Samsung and Daewoo are two
of South Korea's biggest conglomer-
ates, accounting for a significant por-
tion of the nation's exports.
"This case clearly shows the collu-
sion of power and business under past
regimes," a prosecutor told the court.
"In orderto eli minate these wrong prac-
tices, heavy punishment is inevitable.
To demonstrate that all are equal before
the law, former presidents and business
leaders should be punished if they vio-
late the law."
A panel of judges hearing the case
has yet to rule on the defendants' guilt
or innocence, and their decision on sen-
tencing could still be many months
away.
Despite the severity of the recom-
mended punishment, the belief remains
widespread in Seoul that most, if not
all, of the business tycoons will receive
suspended sentences, partly to ensure
that there not be any serious economic
fallout from the trial.
In action lending credence to this

ADOPTION: Happily married 11 years.
Help us fulfill our dreams. Will provide a
loving, stable & secure home for an infant.
Call our attomey, Vanessa Zecher Cain I-
800/418-9999 (A663).
DATELINE Alone? Are you tired of it? You
can meet your special someone the fun &
easy way. Now! Meet singles in your area!!
Call now! 1/900/656-2600 ext. 7330. $2.99
per nn., 18+. Serv-u. 619/645-8434.
FISH DOCTOR'S- Everything for your
aquarium! Next to Putt-Putt Golf on
Washtenaw. 434-1030.

viewpoint, a spokesperson for Presi-
dent Kim Young Sam announced late
last week that the president will host a-
dinner meeting Thrusday for the chair-
men of the nation's 30 largest business
conglomerates, which would include
Samsung's Lee, Daewoo's Kim and
several other defendants.
The purpose of the meeting, presi-
dential spokesperson Yoon Yeo Joon
said, was to offer encouragement to the
business community, which he said had
been dispirited in Kim's drive to "right
the wrongs of history" by taking action
against the misdeeds of his predeces-
sors. While President Kim has previ-
ously had luncheon meetings with these
business leaders, this will be the first
time since he took office three years.
ago that he has invited them to dinner.
Business groups are expected to use
the occasion of the dinner to report to
the president on plans to give more help
to small and medium-size firms through
such measures as improved payment
terms.
Roh publicly confessed in October to
having accumulated a $653 million
slush fund during his 1988-1993 term
in office, and the business-tycoon de-
fendants acknowledged in court that
they gave him money. Roh insists the
funds were political donations; the busi-
ness leaders have argued that they were
a form of taxation
"The defendants say the provision of
money was unavoidable, but they will-
fully corrupted public servants to ben-
efit themselves and win favors," pros-.
ecutor Moon Yong Ho charged yester-
day.

-PER PERSON DEPENDING ON DESTNATION/ BREAK DATES /LENGTH OF STAY
TOLL FRE INroewn/MOW & EnS*mVWTKNS
OR smN OVER TO OUR EU SITE AT:
http://vvvvwsunchase.com
ATTENTION SPRING BREAKERS!
Book Now! Jamaica/Cancun/Bahamas $399,
Florida $129. Organize Groups & Go Free.
Endless Summer Tours 1-800/234-7007.
COZY WINTER HIDEAWAY Log cabins
$54-75 nightly. Incl. outdoor hot tub & ski
trails. Traverse City 616/276-9502.
DESPERATELY NEED 2 tix to UM-In-
diana game Feb. 18. Call Beth 219/234-3120.
GROUP OF 6 need one more couple to
complete sailing party on 42 foot Catamaran,
March 30-April 7, 1996. Call 517/339-1658.
SOUTH PADRE ISLAND - Spring break.
Why settle for a cramped hotel room?
Sunchase IV has spacious 1, 2, & 3 bedroom
condos at affordable rates. Deal directly with
on-site management, not third party
promoters. Great location, on the beach, &
excellent amenities. For rates & details call
toll free 800/944-6818. Internet: http://
www.hiline.net/fccs
fla" *bt n~.Y ~ drnr

Mexico sells bonds to
help repay U.S. loans

Ios Angeles Times
MEXICO CITY -_- The Mexican gov-
ernment won praise yesterday from
American officials and guarded reaction
from independent analysts as Mexico
made a $1.3 billion repayment on its
$12.5 billion in U.S. loans, largely by
going to international markets to restruc-
ture its debt.
Mexico came up with more than $1
billion of its U.S. repayment through a
recent sale ofMexican government bonds,
mostly to German investors, officials ex-

ment bonds offered through J.P. Morgan
and Merrill Lynch to raise money for
other obligations coming due this year.
Those bonds will mature in five years
with interest rates that will be set today.
"This is the beginning of a constant
restructuring," said Mexico's Central"
Bank spokesman Eduardo Turrent, de-
fining a process that won praise from
some independent economists and criti-
cism from others. "This is the first step in-
establishing the process of using credit,
and navin, it back."

HUSEIKEE~.PER- part-time, flexible hrs.,V I DLUJIl A VhK . U- I"'/ rKn'r. + rae SRNGBEK BNahamas $59, .ancu

un

Back to Top

© 2020 Regents of the University of Michigan