Word: west
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Dates: during 2000-2009
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...create trade surpluses but to carve out a bit of stability in turbulent global currency markets. During the emerging-market currency crises of 1997 and 1998, China's success in keeping the yuan fixed at 8.3 yuan to the dollar was applauded in the West as a major contribution to averting financial chaos. Since 2005, China has been willing to allow the yuan to appreciate a bit (the current exchange rate is 6.8 yuan to the dollar). It just hasn't been willing to do this on any but its own extremely conservative terms...
...beneficial to Iran." His brother, Speaker of the Iranian Parliament Ali Larijani, was also reportedly critical, saying the proposal as it stood was "neither logical nor legal." Parliament members began to publicly bash the Vienna deal. One member stated there is no guarantee in the proposed deal that the West "will fulfill their commitments" in the nuclear talks and that "Iran is right to distrust them." Another member argued that the "media commotion" in the West was wrong in reporting that "Iran has submitted to the idea of ending uranium enrichment." A commentary in the conservative online news site Qods...
...possible historic deal between Iran and the West over its nuclear program, after three decades of mistrust, being sacrificed at the altar of domestic politics...
...Since then, however, the bluster coming from Tehran has faded - and a consensus imposed from above may be forming. Instead of a rejection, Iran seems to be formulating a counter-proposal, one that conservative newspaper Keyhan described as a "gradual and simultaneous" exchange of enriched uranium with the West. Uranium would be sent abroad in two stages, not all at once, and any nuclear material shipped outside of Iran must be simultaneously exchanged for the enriched nuclear fuel Iran needs for domestic use. The worry in Tehran is that, if the original IAEA proposal were agreed to, the Islamic Republic...
...stage of cooperation," Ahmadinejad said in a televised interview, and observed that "there is no more talk of suspension" of Iran's nuclear program in the negotiations. According to Keyhan, the ball is now in the U.S.'s court. They quote an "informed source" as saying, "Clearly, the West needs to make an agreement with Iran and we have provided them with the means to save face." The source continued, "From this point onwards, everything depends on how far the West can correctly calculate the benefits of interaction with Iran...