Word: 1980s
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...agency has $45 billion in reserves. That may not seem like much next to the $700 billion Paulson just got from Congress, but Bair notes that in the past, the FDIC hasn't needed much. Even at the peak of the savings-and-loan crisis in the late 1980s, when thrifts were closing at the rate of one a day, the FDIC maintained its perfect record of returning every penny of every insured depositor's money, and Bair has preserved that record through 15 bank failures this year. That's partly because the FDIC by law gets...
Irish emigration is nothing new, of course. From the millions who fled poverty and famine over the last century and a half to the many thousands who have regularly quit the country in search of work right up to the end of the 1980s, Ireland's best and brightest have a long history of leaving in search of opportunity and sunnier climates. But a decade and a half of red-hot growth all but wiped out large-scale emigration, and Ireland has instead found itself a destination for immigrants from Africa, Asia and Eastern Europe...
...help. On the tape, one of the voices is identified as Romulo Leon, who, as Garcia's agriculture minister in the 1980s, was accused of taking kickbacks. Nothing ever came of the investigation, but his apparent reappearance in shady dealings dredged up memories that Garcia and APRA believed had been buried. On the tape, Leon, who admits it is his voice but denies wrongdoing, talks about top party leaders, boasting about meetings and inside deals...
...charges revived memories of the Shining Path terror campaign in the 1980s and 1990s and the military response to it. A commission that investigated 20 years of political violence between 1980 and 2000 reported that more than 70,000 people were killed or missing because of political violence, with the Shining Path responsible for more than 50%. Until this attack, the Shining Path had been fading slowly since its top leaders were caught in 1992. Guibovich estimated that the outlawed party has around 300 armed fighters in the VRAE. A smaller number of armed guerrillas are also active in another...
...punch of corruption and terrorism came as Garcia has been battling a small, but stubborn jump in inflation. Inflation is absurdly low when compared to the seven digits from the 1980s, but it still has Peruvians worried because at 5.3% through September it is more than double the initial forecast for the year. The administration has reacted with anti-inflationary policies, cutting expenses and reducing government, which seem oddly out of touch with the rhetoric about the country's economy, which is otherwise booming. The economy has expanded by nearly 10% monthly since Garcia took office and indicators even during...