Word: pulls
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Dates: during 1990-1999
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...fact, insured losses topped $18 billion. In Dade County alone, the storm destroyed 63,000 homes and damaged 110,000 others. Nine small insurance companies failed. Large companies raised rates, dumped policies and tried to pull out of coastal areas, but regulators forced them to stay. The "reinsurance" companies, which in effect provide insurance to insurance companies, also got queasy and sharply limited coverage...
Malaysian ringgit simply by removing it from the fray. The theory is attractive, especially to the prickly Mahathir: An inconvertible currency can't come under attack by evil foreign speculators, and that frees the safely walled-in government to take a deep breath, lower its internal interest rates, and pull itself out of recession by stimulating domestic growth -? without subjecting its every move to the brutish vagaries of the global marketplace...
...political ideology have become inextricably entwined, the stakes are high. Mahathir evidently dreams of an Asia resurgent on its own terms, reborn in its own image, not that of the West. If his course succeeds, and Malaysia recovers, the rest of the region could follow his example and pull disastrously back from necessary economic reforms. At worst, the West could eventually be confronted with a China-led belligerent East -? and new Cold War for the 21st century. At best? Malaysia does as Krugman recommends: use the breathing room afforded by the plan to continue reforms and thus emerge with...
...Thompson. "When you're talking about a country with 22,000 nuclear weapons, you want to know they're in safe hands." Indeed, on a day when Communist leader Gennady Zyuganov muttered darkly that "Yeltsin is pushing the nation to a civil war" and Olympic-level athletes threatened to pull out of a Moscow track meet for fear of being injured in a coup, it's not hard...
...every kid to pick up a set of clubs and hit the links, what better time to take a whack at golf stocks. That's the pitch for a new golf fund, due out this fall, that will invest in equipment, apparel makers and course developers. But before you pull a Big Bertha from your wallet, remember that Asia's woes have been a drag on industry stars like Callaway Golf and Family Golf Centers...