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Treasury and IMF officials worked through the next day to finish the aid package. The IMF would lend Seoul $2 billion, while the U.S., Japan, Germany and other nations kicked in an additional $8 billion in loans. In exchange, the Koreans would pass new laws opening their financial markets to foreigners, close insolvent banks and supervise others. As the deal came together, Treasury officials discussed the impact of a bailout on the Korean and American labor unions, fearing some of Labor's backers in the Democratic Party would balk at bailing out either Wall Street or the protectionist Korean workers...

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

...uses seem to undermine his paradigm that the African is always right. On the boat, after the mutiny, the Africans speak their native language to each other without translation, while the Spaniards they kept alive to help steer the boat are provided with subtitles--a conspicuous effort to lend a sense of foreignness to the Spaniards and a universality to the endeavors of the Africans. The fact remains, though, that the audience does not understand what the Africans say, so while the Spanish dialogue has some import, that of the Africans' is relegated to incomprehensibility. Later on, inconsistent application...

Author: By Jonathan B. Dinerstein, CONTRIBUTING WRITER | Title: Long, Soggy, Overwrought 'Amistad' Plays Heavily on White liberal Guilt | 12/12/1997 | See Source »

With the support of Yazzie, who works as a drafter in the Boston area to provide for the family financially, Payanzo never had to enroll Dylan in day care. Paid babysitters and friends also lend a hand. This semester, Payanzo has extra assistance: her mother, who now lives with her. Jane Payanzo helps watch Dylan and cooks for the family...

Author: By Georgia N. Alexakis and Lori I. Diamond, CRIMSON STAFF WRITERSS | Title: Student Moms Juggle Schoolwork, Parenting | 12/12/1997 | See Source »

Anthologies tend to lend themselves to filler, but not one of the stories included in The Best American Short Stories disappoints. In a year of monster tomes--Don DeLillo's Underworld, Thomas Pynchon's Mason & Dixon, Haruki Murakami's The Wind-Up Bird Chronicles--this collection shows that the short story promises to outlive the long novel for good reason...

Author: By Brandon K. Walston, CONTRIBUTING WRITER | Title: Best of the Best | 12/5/1997 | See Source »

...white prints contribute to the sparse yet effective decoration of the dining room. In fact, the relaxed, minimalist setting is a great contrast to the exotic, complex and flavorful dishes served later in the evening. Pleasant (not-too-loud) music and high ceilings help to diffuse sound and lend privacy to the meal, creating a truly romantic and chatty atmosphere...

Author: By Sarah A. Knight, | Title: Cuban Revolution a la Henri | 11/20/1997 | See Source »

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