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1995, Jan. 15 |
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The U.S. sent a loan guarantee to assist with the financial crisis. | 1 |
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Jan. 31 |
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U.S. president Clinton authorized an emergency loan of $20 billion to Mexico. The International Monetary Fund added $10 billion to the loan package. On Feb. 20 Mexico and the U.S. finished negotiating the loan; Mexico prepared for a recession. | 2 |
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Feb. 12 |
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The conservative National Action Party (PAN) dealt a major blow to PRI's virtual monopoly on political power with a near sweep of state elections in Jalisco. This trend continued when the PAN gubernatorial candidate won in Guanajuato (May 28); elections in Baja (Aug. 6) yielded similar results. | 3 |
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Feb. 20 |
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The government's National Commission on Human Rights confirmed that army personnel tortured guerrillas who had been taken captive during a police action against the Zapatistas (Feb. 914). | 4 |
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Feb. 28 |
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Raúl Salinas de Gortari, brother of the former president, was arrested and charged with planning and arranging the Sept. 1994 assassination of José Francisco Ruíz Massieu. Later in the year (Dec. 2) federal prosecutors charged Salinas with falsifying bank documents and with illicit enrichment. | 5 |
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March 9 |
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Pres. Zedillo announced a new plan to stabilize the economy. It consisted of a series of austerity measures that promised recession-level economic hardships for virtually all Mexicans. | 6 |
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July 25 |
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Peace talks resumed between the Zapatistas and the Mexican government. | 7 |
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