Word: turmoils
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Dates: during 1990-1999
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...currency turmoil that hit Southeast Asian countries in mid-1997 was initially expected to last only a few months. More than a year down the road, the turmoil has spread throughout the world. No one has really benefited except possibly the currency traders and share-market speculators...
...must ask why this is happening. Is it part of the usual economic cycle? Is it because the economic system and practices of all the affected countries are wrong? Is it because of corruption, of crony capitalism and nepotism? Everyone must concede that before the turmoil, the countries of East Asia were among the most dynamic and prosperous in the whole world. Their progress and prosperity were real. Employment rates were high; per capita income increased steadily. From poor agricultural countries, they had become highly industrialized nations, producing quality high-tech goods for markets worldwide. They were set to grow...
...greatest qualities is his serenity, the sense of dignity under incredible turmoil and strife," says Atlanta Mayor Bill Campbell, who has worked with Mandela. "During all his years of captivity they never broke his spirit...
Among those Cantabrigians who were not dissuaded from voting by the turmoil in the nation's capital, many expressed disappointment with an uninspiring field of candidates...
...outbreak of violence is already having repercussions outside Albania's borders. Italy and Greece fear the turmoil will create a new influx of refugees, while NATO is concerned over the effect on its efforts to stabilize the conflict between ethnic Albanians and the Serb authorities in neighboring Kosovo. "The last thing the West needs now is for Albania to slip further into chaos, just as [the West's] hard-hearted policy in Kosovo appears to be containing that situation," says Calabresi. But there's little cause for optimism when opposition politics is conducted with machine guns and tanks...