Word: regionals
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Dates: during 1990-1999
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Then what? The U.S. has 28 warships, 356 planes and 33,000 troops on alert in the Persian Gulf area, costing about $100 million a month more than the U.S. was already spending on forces in the region. Clinton and Albright argue that by going this extra mile with Saddam, the U.S. will have more support the next time it calls for using force. Maybe so, now that Annan has added his prestige to a deal, but only if the world feels deeply cheated and is ready to punish Saddam...
...week of violent clashes between ethnic Albanians and Serbs in Kosovo has galvanized the U.S. and the European Union to move swiftly to head off a new round of ethnic warfare in the former Yugoslavia. ?The EU knows from experience in the region that if you let these things go too far, they can spin violently and dangerously out of control,? says TIME?s London bureau chief Barry Hillenbrand. The ?Contact Group? on former Yugoslavia -- the major EU governments, the U.S. and Russia -- meets in London Monday, and Hillenbrand says it is likely they will adopt a carrot-and-stick...
...carrot is Western aid to help reconstruct the war-torn region, and the long-term prospect of some form of involvement in the EU. The stick: The U.S. State Department today renewed sanctions against Belgrade, and warned President Milosevic that further repression of Albanians would have the by-now-familiar ?most severe consequences...
Among the improvements Potter would have likedto see in the contract are better pensionarrangements, improved health benefits and asalary offer that better reflects the region'shealthy economy...
...slice the considerable fat off China's 370,000 state-owned enterprises, at the same time creating jobs for the tens of millions people let go in the process. To achieve this, you'll have to maintain an 8 percent economic growth rate while recession grips the region around you, and refrain from devaluing your currency while maintaining your export levels...