Word: koreas
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Dates: during 1990-1999
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...banks have nearly $28 billion in loans at risk in Brazil--four times the amount they lent to Russia and second only among emerging markets to their exposure in South Korea. More than 2,000 U.S. companies have investments in Brazil...
...Administration rouses itself to take charge of the Balkan situation, damage to U.S. foreign policy may have already been done. Allies sense distraction and are growing worried, but are unable to step in. Enemies may see opportunities for making mischief. For rogue leaders like Saddam Hussein and North Korea's Kim Jong Il, the Balkans may convey a different message: Now is the best time to take what they want...
...austerity measures, and the $30 billion bailout that they're trying to put together will be conditional on that." As always, the economic powers that be are pointing to a light at the end of the tunnel -- an optimism that's selling rather poorly in Indonesia and South Korea right now. But Baumohl says that Brazil is healthy enough -- and vital enough to U.S. interests -- to pull through. "If Brazil falls, Latin America falls, and that will hit the U.S. hard. Ultimately, Brazil won't fail because...
...officials. And last Friday, on the eve of Obuchi's summit with BILL CLINTON, his chief Cabinet secretary abruptly canceled a meeting with U.S. Ambassador THOMAS FOLEY in Tokyo. The cancellation may have been partly in response to what Tokyo sees as a rather flaccid American response to North Korea's launch of a missile over Japan two weeks ago. For their part, U.S. officials fear that Japan's stonewalling may be a reflection of real disarray in the Obuchi government. If the trend continues, then Japan cannot expect Washington's spirit of camaraderie to last for long...
Since the Asian financial crisis began over ayear ago, foreign markets have seen sharp drops.Harvard's investments in emergingmarkets--including Russia, Brazil, Argentina,Korea, Taiwan, India and South Africa--also postedheavy losses...