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...fund raiser, delayed Air Force One's takeoff from a fog-shrouded Kennedy Airport to read the riot act to Indonesia's strongman, SUHARTO. The two leaders spent what must have been an uncomfortable 25 minutes on the phone as translators relayed Clinton's demand that Suharto immediately implement an International Monetary Fund austerity program that Indonesia agreed to last October. Earlier, Suharto had seemed oblivious to the crisis when he went on television to announce a budget woven of pure fantasy, thereby setting off panic. The job of leaning on Indonesia now falls to Deputy Treasury Secretary LARRY SUMMERS...

Author: /time Magazine | Title: Asian Markets | 1/19/1998 | See Source »

...city received a grant to implement community policing from the state in 1993. Then-police commissioner Perry Anderson began the task of "formalizing" the philosophy, Williams says...

Author: By Marc J. Ambinder, CRIMSON STAFF WRITER | Title: Community the New Focus of Cambridge Policing | 1/14/1998 | See Source »

...government, whose exasperation was almost tangible, were limited to dragging out a very basic video presentation to explain very slowly how easy it was to exorcise Explorer. They insisted Microsoft was in contempt, and seem set to ask Jackson to implement the long-threatened $1 million-a-day fine. But Bill Gates has lost none of his Teflon coating ? despite the court wrangling, set to continue Wednesday, and another antitrust investigation in Japan, Microsoft stock still managed to end the day up another three points...

Author: /time Magazine | Title: Trustbusting for Dummies | 1/13/1998 | See Source »

Whether the South Koreans can keep their part of the bargain is unclear. The legislature in Seoul rushed through a host of reforms last week but balked at a bill that would have made it easier to implement layoffs and restructuring at the large chaebols. No wonder: last January, when the parliament tried to pass a similar measure, Korean workers staged a general strike that paralyzed the country for more than three weeks...

Author: /time Magazine | Title: The Asian Crisis: The Rubin Rescue | 1/12/1998 | See Source »

Suharto's Fantasy Island TIME magazine reports that President Clinton, in a personal phone call to Indonsia?s President Suharto, demanded that the aging strongman implement IMF reforms. Economic chaos in the Asian nation could lead to a military coup...

Author: /time Magazine | Title: The Front Page | 1/12/1998 | See Source »

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