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...meeting, but the Administration wanted its plan in play beforehand--with quiet support lined up from the Saudis as a way to help mute criticism from such OPEC members as Iran. The move is bound to displease those members who want and need high oil prices--countries such as Indonesia that could, as Gore warned last winter, reduce output in response. So the U.S. is treading carefully, describing its plan as a "temporary, precautionary, internal transfer of oil." Clinton and Gore hope that diplomacy has now succeeded in preventing an OPEC backlash, while also sending the signal that America...

Author: /time Magazine | Title: Campaign 2000: Who's Right About Oil? | 10/2/2000 | See Source »

...Denmark, who was the attraction on the pressroom TV. To say she is smashing is not just to describe her game. But her game, as it happens, is indeed smashing. At 5 ft. 9 in., she is usually taller than her foe, who invariably is a woman from China, Indonesia or South Korea--countries that dominated the sport until the Danes came along...

Author: /time Magazine | Title: Camilla Martin | 10/2/2000 | See Source »

...Indeed, Wolfensohn had become an outspoken critic of IMF policy after he judged that the international lender had actually exacerbated the economic crisis in countries such as Indonesia two years ago by insisting on harsh austerity measures as a condition for a financial bailout - which made the poorest and most vulnerable members of society pay the price for the errors of that nation's notoriously corrupt elite. Wolfensohn on Tuesday even saluted the demonstrators. "I believe deeply that many of them are asking legitimate questions, and I embrace the commitment of a new generation to fight poverty," said Wolfensohn...

Author: /time Magazine | Title: Why Prague Protests Prompt Warm Memories for Some IMF Dignitaries | 9/26/2000 | See Source »

...this photo, President Wahid of Indonesia...

Author: /time Magazine | Title: News Quiz Aug. 21, 2000 | 8/21/2000 | See Source »

...Saddam entertained Venezuelan president Hugo Chavez, the first head of state to visit since the Gulf War, who defied pressure from Washington in order to meet the Iraqi leadership for a chat about oil policy. And in a further sign that Western attempts to keep Baghdad isolated are crumbling, Indonesia's President Aburrahman Wahid announced last week that he, too, plans to visit in the coming weeks. Neither Chavez nor Wahid can be considered influential statesmen, but their moves are in line with recent comments by France's foreign minister Hubert Védrine that sanctions against Iraq are "cruel...

Author: /time Magazine | Title: U.S. Policy Gap Offers Saddam an Opportunity | 8/14/2000 | See Source »

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