Word: bernards
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Dates: during 1990-1999
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DIED. JOHN HOLLIMAN, 49, CNN's national correspondent; in a car crash; near Atlanta. Holliman was part of the original CNN reporting team and, together with Bernard Shaw and Peter Arnett, filed live from Baghdad during the 1991 allied bombing. He was scheduled to co-anchor with Walter Cronkite John Glenn's return to orbit next month...
...Washington next week with an empty briefcase. That's why he cut a deal with his political opponents Friday over stalled banking reform legislation -- a deadlock that had exasperated Washington. "This appears to be an important step, but they still have a major chasm to cross," says TIME reporter Bernard Baumohl. "At least now Obuchi has some news for President Clinton. It would have been terribly embarrassing for him to come to Washington with no plan to reform his country's banking sector, which many see as a crucial step to overcoming the Asian crisis...
...Commerce Department reported Tuesday that retail sales rose a minuscule 0.2 percent in August -- a sign that consumer spending, the main underpinning of the U.S. economy's continued strength amid a world of troubles, is slowing down. "The increase barely kept up with inflation," says TIME business reporter Bernard Baumohl. "Clearly, consumers are beginning to pare back their spending...
...speech Monday before the Council on Foreign Relations in New York, President Clinton drew attention to the global market meltdown and called for an emergency meeting of world financial leaders to draw up a plan of action. "He's doing what he should be doing," says TIME reporter Bernard Baumohl. "We're seeing the greatest threat to world economic growth since the Great Depression, and that's a situation that demands decisive political leadership...
...YORK: For the Russian economy, it's all over but the doomsday, and that's what traders prepared for Thursday by pushing the Dow down 257 points -- and the NASDAQ 81 -- by the close of trading. "The Russian economy is in total collapse," says TIME business reporter Bernard Baumohl, "and although U.S. traders have very little direct exposure to it, they're very nervous about what could happen to Europe, Asia and Latin America if the political system goes with...