Word: regionally
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Dates: during 1990-1999
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...Between the March visit this one, I met with the presidents of about 10 Chinese universities," he said, referring to a Spring Break trip he took to the region. "We discuss what kind of exchange programs we might have at all levels: students, faculty, Masters of Business Administration programs [and more...
...Kijevo -- dubbed "the most dangerous place in Europe" by U.S. envoy Richard Holbrooke last week. "A full-scale Serbian offensive against the KLA will force NATO to take action against the Serbs," says TIME correspondent Douglas Waller, who last week accompanied Holbrooke on a futile peace mission in the region. "Although the Serbs could easily squash the KLA, that would trigger a bloody civil war throughout the region" -- a war NATO fears would destabilize the region and create a massive refugee problem...
...That may have made sense in the case of luxury-goods exporters like Tiffany, which has a large Japanese exposure. But a strong dollar and falling prices in Asia are windfalls for K Mart (a stock that I own) and the Gap, both of which import products from that region...
China has the only currency in East Asia that has not fallen in value in the past year. And no one doubts that if the renminbi did slip, that would launch the rest of the region into a new round of devastating devaluations. And Hong Kong, which has pegged its currency to the U.S. dollar for 15 years, would have little choice but to abandon that link, with possibly disastrous results for its stock and property markets. We got a taste of what that might mean for the U.S. and Europe at the beginning of last week, when global stock...
...Fighting in Kosovo intensified this week even as the U.S. envoy shuttled back and forth between the warring parties. Holbrooke left the region warning that NATO is stepping up preparations for those air strikes on the Serbs. For now, at least, Milosevic appears content to call his bluff...