Word: indonesian
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Indonesian shoe factory, workers labor 10 to 12 hours a day, seven days a week, crowded in hot rooms, ingesting poisonous chemicals...
...challenges to his rule? Sometimes, as Bacharuddin Jusuf Habibie showed in Indonesia last week, by pretending until the very last minute not to want it. Habibie had been slipped into the No. 2 position of Vice President only 10 weeks ago by his patron of 24 years, the Indonesian strongman he slavishly referred to as S.G.S., Supergenius Suharto. The mere suggestion that Suharto's successor at the height of Indonesia's search for an economic bailout would be a man widely regarded as a free-spending eccentric shocked the bankrupt rupiah into a 36% crash. But Habibie (commonly referred...
...many of the students who celebrated Suharto's departure by dancing for joy in the fountain at the Parliament complex they had occupied for four days, Habibie was a perpetuation of the problem that brought Indonesia to its knees--the authoritarian system of crony capitalism known by its Indonesian acronym of KKN, for corruption, collusion and nepotism. Had all the riots and deaths--more than 500--given Indonesians nothing but a clone of the kleptocrat they had so painfully deposed...
...complex character. He is a devout Muslim who fasts on Monday and Thursday, even when he is traveling abroad. In 1990 he founded the Indonesian Association of Muslim Intellectuals in an attempt to reach out to some of the 87% of the population, including most of the poor, who are Muslim. His religious supporters hope he will spread their dream of Islamic ascendancy for Indonesia. Yet he is a highly educated scientist and dedicated believer in the power of technology. He studied aeronautical engineering in Germany and worked his way up to a vice presidency at the aircraft makers Messerschmitt...
...million, due in part to derivatives. At the end of last year, its total risk from Asian derivatives--should others default--was more than $3 billion. Bankers Trust's derivatives' delinquencies have leaped from zero to $330 million in a year, and the compass points to Indonesian and Thai clients. In total, the bank has some $5 billion of derivative credit exposure in Asia. And Greenspan was quite right to be concerned about CIBC. The bank has nearly $1 billion in gross foreign derivatives with parties that are below "investment grade" (translation: risky...