Word: deficits
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Dates: during 1990-1999
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...alarm bells in Washington," says TIME correspondent Bruce Van Voorst. "If the yen continues to fall, it will put pressure on China and other Asian economies to devalue their currencies to remain competitive, and that would have a disastrous effect on the already huge U.S. trade deficit...
...International Monetary Fund concluded, or pretended to conclude, that Yeltsin's deficit-fighting plans sounded good enough for it to hand over a delayed installment of $670 million, part of a $10 billion loan package. While the IMF denies it is planning a big, new rescue effort, many financial analysts say that is what it will take to restore confidence. With that in mind, Anatoli Chubais, a former Deputy Prime Minister, arrived in Washington Friday on an emergency mission to talk with the U.S. Treasury, the IMF and the World Bank...
...after, Rudenstine will return to Mass. Hall with the largest endowment in higher education, the bulliest pulpit in American academia and no more excuses. With the campaign over, he will have face up to a legacy deficit: Harvard's 26th president will be richer than God and about as invisible...
...decision to make change privately andindirectly, allowing others to mold and takecredit for actions he begins, may make Rudenstineeasy to forget. From his leadership style andplans for the future, it seems that thepresident's legacy deficit is not likely to changeanytime soon...
Season highlights included solid, back-to-back, three-goal wins over traditional ECAC powers Providence and Cornell. And after advancing to the Beanpot Championship with a sound defeat of Boston College, Harvard took second-ranked Northeastern to the brink, erasing a three-goal deficit in the third period before finally losing the `Pot to the Huskies by a slim 5-4 margin...