Word: three-year
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MOSCOW, RUSSIA: The head of the International Monetary Fund, Michel Camdessus, approved a $10 billion three-year loan to Russia on Thursday. The loan, which must still be approved by the IMF board, is intended to support Russian economic reforms. It includes measures to help Russia control the budget deficit, lower inflation, and stabilize the exchange rate. Russian government planners have been counting on the loan for some time, and have already factored billions from the IMF into future budget predictions. The loan comes at a convenient time. Russia's economy is heavily burdened by the cost of the Chechnya...
...deMeurerses began a three-year encounter with "managed health care" and the powerful forces that are fast reshaping the culture and practice of medicine in America--not just cutting costs but changing in a fundamental way how doctors view patients, and perhaps how patients should now view doctors. In a three-month investigation, TIME chronicled Christy deMeurers' journey, but also the parallel, interlocking story of Health Net, one very prosperous company in the Southern California market, a hotbed of managed care that offers a living demonstration of what's likely to occur everywhere else as the new medicine continues...
...million, plus assorted other payments, and guaranteed him and his wife health care for the rest of their lives. The agreement also called for Health Systems International to buy back as much as half of his common stock, which brought him another $13.3 million. And Greaves signed a generous three-year consulting deal. All told, his exit brought him $18.1 million, equivalent to the average monthly premiums paid by nearly 134,000 subscribers...
Serbian President Slobodan Milosevic finally got the carrot that brought him to the negotiating table in Dayton when President Bill Clinton officially suspended economic and military sanctions against Yugoslavia on Thursday, ending a three-year boycott of the country. Lifting of sanctions that had crippled his county had been a crucial issue for Milosevic, who in effect promised to deliver the Bosnian Serbs in return for a lifting of sanctions. Key to his decision, Clinton said, were assurances that the U.S. would be able to monitor Serb compliance with the Dayton accords: "Before agreeing to sanctions suspension," Clinton said...
...happen to you." Another friend, Claudio Cabreja, says, "Vern was one of those guys, he'd be with a girl and think she shouldn't go out with anyone else." Evans' relatives allege that Ward, who has served time for domestic battery and drug dealing, beat Evans during their three-year relationship...