Word: crashes
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...With the financial crash came a sharp decline in bank lending to property speculators, coupled with a steep increase in unemployment. Consumers kept their hands in their pockets, the designer fashion stores left town, and magazines ran pictures of empty shopping malls. Such recovery as Asia saw in the late '90s was almost exclusively explained by an increase in net exports, helped along by newly devalued currencies. So when the growth in world trade screeched to a halt at the end of 2000, so did the Asian recovery...
DIED. ALEXANDER LEBED, 52, blunt, charismatic Soviet general instrumental in defending the Russian parliament against a 1991 coup by communist hard-liners; in a helicopter crash in Siberia. When President Gorbachev was taken hostage by hard-liners seeking to overturn his reforms, Lebed, a hero of the Soviet war in Afghanistan, offered what turned out to be critical advice to emerging leader Boris Yeltsin: to forcefully rally the confused Russian troops by declaring himself the military's supreme commander. Though the regional governor's national visibility had waned in recent years, he remained a popular figure...
DIED. LISA (Left Eye) LOPES, 30, member of the ebullient, tough-talking, Grammy-winning R.-and-B. trio TLC; in a car crash near La Ceiba, Honduras, where she was working to support a child-development center. With hits like Waterfalls and Creep, TLC, which debuted in 1992, evolved from a gimmicky singing trio--Lopes attached condoms to her eyeglasses during concerts--to one that was acclaimed for its original sound. The group's CDs, 1994's CrazySexyCool and 1999's FanMail, which produced the No. 1 hit No Scrubs, sold 25 million copies, more than any other female...
...DIED. ALEXANDER IVANOVICH LEBED, 52, governor of Russia's Krasnoyarski region, ex-army general and a 1996 Russian presidential contender, in a helicopter crash; in Siberia. An Afghan war veteran, Lebed protected Boris Yeltsin during the hard-liners' coup in 1991, ended bloodshed in Moldova's breakaway Transdniester region in July 1992 and signed the peace accord that ended the first Chechen war, in August 1996. DIED. LUNG SI-HUNG, 72, known for his portrayal of the master-chef dad in the 1994 Taiwanese hit, Eat Drink Man Woman; in Taipei. Lung achieved international acclaim for his roles in Pushing...
Then, the second novice eights took to the course. Controversy soon ensued as the BU coxswain led the Terriers through the racing arch along with Radcliffe and Northeastern, causing the latter two boats to crash oars. The incident didn’t seem to bother the Black and White, which won the race by nearly five seconds, but Northeastern, which finished second, filed a protest. Ultimately, the officials refused to force a re-row and upheld the results...