Word: crisises
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Dates: during 1990-1999
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That meant that what mattered was what Starr would ask. If the White House held out an olive branch to the prosecutors, it could hope that perhaps he would stand down a bit, not provoke a constitutional crisis, focus on the most relevant questions about obstruction of justice and subornation...
The Republicans must hope that impeachment will float in the air until November so the voters will remember them as the Party of Zipped Pants. Ordinarily, the voters need to sense danger before they get ginned up about politics: you receive a newsletter in the mail from the Committee to...
In some ways, Yeltsin is already gone. He still holds office, but his mental and physical staying power is fading. He is out of touch, sometimes simply out of it. On Friday, Aug. 14, he seemed unaware that his chief ministers were preparing the devaluation just as he was assuring...
This crisis ultimately is not about exchange rates, though. The IMF has been pumping billions into Russia on the proviso that much needed reforms will be rammed through. Moscow asked for even more money a few days before devaluing, but the IMF finally said no. Russia now must figure out...
The political vacuum only compounds the financial crisis: While the government is no longer making any effort to defend the plummeting ruble and frenzied bankers go after dollars to protect their personal fortunes, Chernomyrdin looks set to simply ban trading in foreign currencies. The reinstated prime minister hopes to straddle...