Word: regain
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...Brazil put a former George Soros aide in charge of its central bank, hoping that Arminio Fraga Neto's track record might restore investor confidence. The real strengthened on the news, but it may take more than appointing a former Soros investment director to turn the country around. "To regain the confidence of foreign investors and the IMF, Fraga will have to convince them that Brazil can close its budget gap and restore its financial health," says TIME senior business reporter Bernard Baumohl. "There may be a momentary rebound in the real, but only time will tell whether anything...
Stars with fading Hollywood careers can turn to a few time-honored options to regain the spotlight: check into the Betty Ford Center, get arrested, or impulsively marry someone you met on the set of your latest movie. As marriage requires the least commitment, it was no wonder that JENNY MCCARTHY, 26, the once reigning blond, got engaged last week to John Asher, 28. After all, it had been a little over a month since she broke up with Ray Manzella, 50, her boyfriend-manager of four years. McCarthy found fame on the MTV game show Singled Out and obscurity...
...ruble, he lost--as he told the German magazine Bunte--his life savings of some $80,000. Then the Pizza Hut in Moscow that he made world famous in a TV commercial last year closed its doors. Now he's trying to make a little scratch and regain a measure of respect at home--where the vast majority of his compatriots continue to revile him for causing their present woes--with the latest volume in his post-Politburo oeuvre. Titled Thoughts on the Past and the Future, the 300-page "textbook" consists of the former General Secretary's deep thoughts...
...ruble, he lost--as he told the German magazine Bunte--his life savings of some $80,000. Then the Pizza Hut in Moscow that he made world famous in a TV commercial last year closed its doors. Now he's trying to make a little scratch and regain a measure of respect at home--where the vast majority of his compatriots continue to revile him for causing their present woes--with the latest volume in his post-Politburo oeuvre. Titled "Thoughts on the Past and the Future," the 300-page "textbook" consists of the former General Secretary's deep thoughts...
What is happening overseas is still not what you would call pretty. Many Asian economies will be slumping throughout next year, though more slowly than in 1998. Once a general upturn begins, perhaps in 2000, it will take years for those countries to regain the prosperity of 1996. And there are still pitfalls that may take intricate maneuvering to avoid...