Word: germanic
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Dates: during 1990-1999
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...standard-bearer of the Social Democratic Party, Schroder's slogan may be the prosaic "New Middle," but he has discarded years of leftist orthodoxy and learned from the mistakes of his predecessors. In 1990 the SPD promised to slow down the privatization of former East German industries to protect the workers; Schroder now preaches the need for the private sector to become more competitive by cutting labor costs. In 1994 the party proposed higher taxes on middle- and upper-income families; Schroder wants to cut the highest income tax rate from 53% to 47% and reduce corporate rates from...
FOUNDED The conference was inaugurated in 1971 by Klaus Schwab, 60, a German-born business professor and consummate networker, as an intimate gathering at which business leaders could chew over world problems as they rode chairlifts to some of the Alps' finest skiing...
DIED. FRANK ROWLETT, 90, nimble-minded cryptographer who cracked a Japanese diplomatic code used to encrypt dispatches between Tokyo and Japan's ambassador in Berlin during World War II; in Gaithersburg, Md. One of the messages Rowlett and his team deciphered detailed German defenses against the anticipated Allied invasion of Berlin...
...sailed for San Francisco, taking with him Emma Walters, a young German-born woman he had married the previous week, as well as a four-year-old, brown-skinned boy named Alexander, whom Christoph claimed to have adopted. Eventually they made their way to upstate New York, where Christoph bought a hotel and saloon in Callicoon, a small town on the Delaware River. Knowing little else about my great-grandfather, but appreciating the tales of adventure and bravery, my husband and I named our son Christof, altering the spelling slightly...
...hard-liners and Communists that dominate the lower house, unhappy with Yeltsin?s presidency and loath to impose new taxes on Russians who already wait months for their paychecks, can?t be counted on to hurry on their president?s behalf. Meanwhile, Yeltsin, who has been courting French and German leaders for additional financial assistance, is facing a new and potentially crushing round of bond payments that are coming due in July. As Russia?s Central Bank spends mightily to support the ruble and court foreign investors, Yeltsin?s best argument with the IMF may be his country's sincere...