Mexico a Great Deal of Concern

Before returning to Washington last week for consultations about the safety of Americans in Mexico, U.S. Ambassador John Gavin met for 40 minutes with TIME's Mexico City bureau chief Harry Kelly. Excerpts from the interview:

Q. How is Mexico coping economically?

A. They are doing some remarkably good things--for example, their attack on inflation, which was brought down from 100% to 60% last year. However, this year I don't think they'll hit their 35% target. Among their problems, they have 900,000 to 950,000 new people coming into the job market at this time every year. Soon it will be a million,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!