Word: cuba
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Dates: during 1990-1999
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...theassassinations of his party's first candidateand its secretary-general, plus anIndian rebellionand the advent of the North American Free Trade Agreement. The 42-year-old, U.S.-educated economist -- speaking before 1,500 Mexican officials as well as foreign leaders as diverse as Vice President Al Gore and Cuba's Fidel Castro --pledged help for the southern Chiapas state, where economic conditions spurred the Indian unrest. And Zedillo vowed to use NAFTA "to help generate the jobs we need and raise living standards...
Clinton's move to open trade with Indonesia has made a mockery of the techniques of economic diplomacy. Since World War II, nations with strong economies have effectively used trade sanctions to combat apartheid in South Africa, totalitarianism in Nicaragua, genocide in Bosnia and Communism in Cuba...
...CUBA: The Rise of Raul...
Washington's reaction is cautious. Castro's little brother is a committed communist, not a free marketeer or democrat. The U.S. has demanded that Cuba enact political as well as economic reforms before lifting the 32-year-old trade embargo. Raul's technical fixes have so far been accompanied by increased repression of political dissidents. According to the Pentagon, a post-Castro Cuba cannot be truly capitalistic and democratic if the military is ingrained in the economy. But as other communist governments have learned, economic reforms often create a market for democracy. Raul and his generals may yet discover...
Throughout China, Cuba, Russia and much of Eastern Europe, people from shopkeepers to schoolteachers stash greenbacks as a shield against hyperinflation and the sudden devaluation of their own currencies. In some cases, it is also the only way to do business. Taxi drivers in Almaty, the capital of Kazakhstan, prefer their fares in dollars, as do some restaurants in Kiev and St. Petersburg. Says a Russian importer of IBM computers, pulling a thick wad of $50 bills from his pocket: "What do I need rubles for? I want real money...