Word: jakarta
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...office, sitting next to Tripp. (Snipes a former lawyer with the office: "She did even less than Linda. She seemed to spend most of her time on the phone.") Later Willey served, by explicit presidential appointment, as the only non-expert member of U.S. delegations to Copenhagen and Jakarta, unsalaried but comfortably accommodated. Her son Patrick was accepted as a White House intern. Another intriguing point was a seeming gaffe by presidential attorney Robert Bennett. Having dubbed the alleged presidential grope "preposterous" and Tripp "not to be believed," Bennett suggested that Clinton might have been comforting Willey on her loss...
...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 and Defense Secretary WILLIAM COHEN, who both visit Jakarta and other Asian capitals this week, along with a senior IMF delegation. If Suharto falls into line, the IMF could accelerate the release of $3 billion in additional funds. And if he doesn't? The market slide seems sure to continue, and rumors of a military coup, already rife...
...crisis swept across Southeast Asia last summer, Rubin and other U.S. officials urged the International Monetary Fund to take the lead. Washington did not regard the Thai or Malaysian economy as vital to American interests, and in a year that had seen far too many fund-raising stories about Jakarta's Mochtar Riady and the Lippo Group, the Administration could hardly take the lead for anything Indonesian. Despite prosperity at home, the nation--and Congress in particular--was in no mood to be generous. In November, Congress killed $3.5 billion in new borrowing authority for the IMF as part...
...World tour info: ("Jakarta, the capital of Indonesia...is situated on the island of Java and is home to perhaps the most frenzied Hanson fans on planet earth...
...Suharto falls into line, the IMF could accelerate the release of $3 billion in additional funds. And if he doesn?t? The market slide seems sure to continue, and rumors of a military coup, already rife in Jakarta, could move a step closer to reality...