Word: asia
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Dates: during 1990-1999
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...Republicans, who refused to pay America's $926 million debt to the U.N.--at the precise moment Clinton was trying to put together a U.N.-backed coalition against Saddam. The G.O.P. also blocked $3.5 billion for the International Monetary Fund, which is trying to bolster quaking economies in Asia. If they collapse, the wreckage could puncture the American prosperity for which Clinton claims credit. On Capitol Hill "there are no die-hard Clinton people anymore," complains an Administration aide. "For each issue, the President has to build a different coalition from the ground...
...Japan and South Korea that gave the world a jolt. No sooner had rumors of a possible South Korean collapse swept out of Seoul than the Japanese yen and the Tokyo stock market plunged to their lowest levels in two years. Across the Pacific, the ill winds from Asia blew the Dow Jones industrial average into a 157-point drop on Wednesday. "The real problem in East Asia is not Thailand, Indonesia or the Philippines," says Kenneth Courtis, chief Asia-Pacific strategist for Deutsche Morgan Grenfell. "It is Japan and Korea...
...Sentiment had been stronger earlier in the day, but weakness in technology and reports that a major Japanese brokerage is about declare bankruptcy dragged the broader market lower. Expect more bad news from Asia over the weekend; if these markets take a tumble on Monday Wall Street could likely head lower next week...
...firemen of the IMF are back on duty in Asia, this time, in South Korea. But it's far too early to stop worrying about those ailing tigers...
...stunning and mystical throat singing of central Asia's Huun Huur Tu meets the world-famous voices of the Bulgarian Women's Choir. Tickets $22, $27. Tickets at Sanders Box Office. Sanders Theatre...