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Even as the International Monetary Fund announced a $7.8 billion loan today to helpMexicoout of its currency crisis, President Clinton's once-popular peso rescue plan was hard aground in Congress. A key Democratic senator, Ernest Hollings of South Carolina, this morning attacked Clinton's $40 billon loan guarantee proposal...

Author: /time Magazine | Title: MEXICO . . . AND NOW, THE BAD NEWS | 1/26/1995 | See Source »

In Washington, where support for Yeltsin has gradually given way to worry over the war's brutality, the State Department for the first time openly criticized the Yeltsin government, saying the military offensive in Chechnya violated the 1975 Helsinki accord and agreements reached last year by the 52-nation Organization...

Author: /time Magazine | Title: . . . AND THE U.S. WARNS | 1/11/1995 | See Source »

Feeling their oats, members of the Republican leadership have aggressively and dramatically thrust themselves into world affairs. Soon-to-be Senate Majority Leader Bob Dole has been to Europe, pushing for a stronger policy on Bosnia. Anointed Speaker of the House Newt Gingrich has likewise lashed out at the conduct...

Author: By David L. Bosco, | Title: The U.N. Excuse | 12/7/1994 | See Source »

Unfortunately, that's often not the message you get from the three Republican musketeers. Especially for the xenophobic Helms, Bosnia is an opportunity to attack the idea of international organizations, of which he has a distinct phobia (witness his hysterics over the World Trade Organization).

Author: By David L. Bosco, | Title: The U.N. Excuse | 12/7/1994 | See Source »

And if it's the Helms message that carries the day, that would have major repercussions. The U.S. is the primary funder of the U.N., and without its support the organization will start to shrivel. A little shriveling, of course, might not be bad; the U.N. has distinct symptoms of...

Author: By David L. Bosco, | Title: The U.N. Excuse | 12/7/1994 | See Source »

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