Word: terming
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Dates: during 1990-1999
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...coerce Saddam. It does not appear that the U.S. has made up its mind on that. American ships and planes are coiled up in the gulf, ready to spring, but the Pentagon has been putting out mixed signals on the use of force. "This is a long-term project," said Secretary Cohen, and could first involve more pressure. "It might be a tightening of further sanctions," Cohen said. He called military action "a last option," but if it is needed, "you can be reasonably assured it will not be a pinprick." "No more pinpricks," echoed Marine General Anthony Zinni...
...resort and a fiscal reform school for wayward economies. When countries such as Thailand and South Korea admit their sins--too much debt, too much spending and a lack of controls on their banking industries--the fund sends in the economists, armed with several financing schemes. There are short-term loans to stanch the bleeding and stop the flight of capital. The fund also negotiates for longer, 10-year credit agreements, as well as so-called concessional loans, or grants, to the poorest countries...
...reaction in East Asia hasn't yet escalated to rock throwing. But in October, amid the threat of massive demonstrations, the Thai Prime Minister rescinded a fuel-tax increase that the government had adopted just three days earlier to satisfy an IMF-mandated budget surplus. "There is no long-term solution for the common people," laments Somsak Kosaisook, secretary-general of Thailand's public-employees union. "They have to bear all the hardships of higher prices and unemployment...
...such a promotion were his last name not Ford. But Bill Jr. won't be alone at the top. According to executives familiar with the situation, the board will also make Jacques Nasser, now president of automotive operations, the next ceo. It's a plan that balances the long-term interests of the Ford family and the more short-term ones of Wall Street. Bill Jr. declined to comment on his future but told TIME, "The two of us together would be natural. Jacques and I are very good friends. It doesn't have...
...their own at the helm to ensure that the company pursues markets and strategies that may not yield a swift payoff but are necessary for remaining competitive long after earnings statements are released. As Bill Jr. puts it, "A Ford has the luxury of managing for the long term...