1. Alto Parana was the only major Argentine company to suffer the effects of the Mexican financial crisis that prompted investors to withdraw funds from the region. 2. Another, even better reason is that the Mexican crisis is not very much like the Orange County fiasco. 3. At the Martinez-based headquarters of Discovery Toys, the Mexican crisis meant losing an experimental new market the company was aggressively pursuing. 4. At the height of the Mexican crisis, Argentine officials pledged to buy back every single peso if they had to. 5. Before the current Mexican crisis, there were in fact some warnings sounded. 6. Before the Mexican crisis foreign investors held about one-third of Argentine stocks, market officials said. 7. Before the Mexican crisis, the Filipinos were feeling pretty pleased with themselves. 8. Business expected to remain sluggish along Texas-Mexico border, reflecting Mexican economic crisis. 9. But Argentina was hit hard when the Mexican financial crisis prompted many foreign fund managers and investors to pull out of Latin America. 10. But at the annual meeting of the World Bank and the International Monetary Fund, which concluded Thursday, the Mexican crisis loomed as large as ever. |