OTHER NEWS - Feb. 4, 1995

U.S., Europe at Odds Over Mexico Aid Package: The lessons of the Mexican crisis will top the agenda of a two-day meeting in Toronto of finance ministers and central bankers from the Group of Seven (United States, Japan, Germany, France, Britain, Italy and Canada) about how to go about bolstering the world financial system. The board of directors of the IMF, which is meant to be the guardian of the world’s monetary system, approved its share of the package and no country voted against it, diplomats said. But some European countries made it clear just hours before the talks were to convene that they were unhappy with the way Washington rushed through a $50-billion assistance plan for Mexico.