Word: outflows
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Dates: during 1990-1999
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...Moscow continues to demand its own sector and refuses to subordinate its troops to NATO. "They?ll probably reach a compromise agreement by creating some form of parallel command in name that appears to satisfy both concerns," says TIME Moscow correspondent Andrew Meier. Indeed, NATO is concerned that the outflow of Kosovar Serbs will create unstoppable momentum toward independence for Kosovo, which would sharply divide Europe. And with the Serbs reluctant to trust the promised protection of those who were bombing them only two weeks ago, a strong Russian presence is NATO?s best bet for maintaining a multiethnic Kosovo...
...conserve its resources. And in the middle of all this, NATO now says that up to 700,000 refugees are wandering homeless, brutalized by Serbian forces and desperately seeking a way out. Slobodan Milosevic has tried to put a lid on the province--limiting media access and stemming the outflow of refugees--but tales of horror continue to escape. And with K.L.A. troops busily rearming and Serbian forces mining, entrenching and leveling the province, much more violence probably lies ahead before Kosovo has its first hint of peace...
...terror to tell. Milosevic seemed intent on emptying not just the historically sacred (and mineral-rich) north and central zones dear to Serb hearts and pocketbooks but every square inch of the Connecticut-size province. Even without confirmation of the widespread stories of atrocity or war crimes, the brutal outflow told a clear enough tale. A systematic expulsion was under way that, NATO predicted, could empty the province of its 1.8 million ethnic Albanians in 10 to 20 days...
Does the world need saving? Just ask the folks in Russia, who saw their economy strangled last August by an outflow of confidence that was as fast as it was lethal. Ask Latin American countries, whose economies were concussed by the Russian shock waves even though the two regions have few direct economic links. Or ask the thousands of ethnic Chinese who fled Indonesia last summer after impoverished locals concluded that Chinese businessmen had magnified their misery by shipping cash out of the country in search of stability...
...naive understanding of how free markets actually work. When investors have confidence in a country, they will bring capital into it. When they lose confidence, they will pull their capital out. It's their capital. They can use it as they wish. Mahathir has no right to regulate outflow of capital when he originally welcomed it with open arms. To say otherwise is nothing but complete hypocrisy. HUGH BROWER Stamford, Conn...