Word: newstour
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...into something like a capitalist country--albeit one still run with a heavy, communist-style hand. That cover story too followed an exclusive interview; this one included not only TIME journalists but also a group of U.S. civic, academic and business leaders who were our guests on a TIME Newstour of Asia...
...journey through the new world reordering" is what TIME executive editor Joe Ferrer called the itinerary for the first of our 11 Newstours to circle the globe. We chose destinations that would let us explore the dynamics of countries facing tough transitions, primarily from socialism to freer markets and from autocracy to greater democracy. After a briefing in Washington by CIA Director John Deutch and five other senior officials, the Newstour went to Cuba, Russia, India, Vietnam and Hong Kong before heading home. During a period when isolationism is rising in the U.S., we wanted this Newstour to emphasize Time...
...next stop, in Moscow, would have shocked most members of TIME's first Newstour, in 1963, in which Khrushchev was interviewed. We visited a budding stock exchange and splashy Western stores. We met opposition parliamentarians as well as Chernomyrdin. Standing beneath the crest of the Czars--a huge gold double-headed eagle--he criticized Washington's plans for expanding NATO, affirmed he "was on the same team as President Yeltsin," despite speculation that they might both run for President next year, and asked the West to be patient in helping Russia modernize. "You can never go to sleep...
...reception where he was scheduled to stay 30 minutes, Chernomyrdin talked with us informally for two hours. Some Newstour members with experience in Russia asked him tough questions about unpredictable taxes, constant demands for bribes and protection payoffs, and the lack of a commercial code. He promised reforms would continue and asked our members "to keep expanding. Be aggressive...
...sheer energy of Hanoi startled veterans of our 1985 Newstour, who remembered little but drab poverty. This time we saw a Vietnam bursting with commerce, construction, luxury hotels and growth in every sector. "We owe our prosperity to the new policies of the government," said a villager in Dinh Bang, 12 miles from Hanoi, and for once the party line is true. Ten years ago, the heirs of Ho Chi Minh concluded that their country was stagnating and decided to build an internal market while inviting foreign investment. The country still has a one-party state and a sluggish bureaucracy...