Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: 1997 Asian financial crisis | Statement: [Thai baht, relatedEvent, 1997 Asian financial crisis]

Target entity: 1997 Asian financial crisis
Context triple: [Thai baht, relatedEvent, 1997 Asian financial crisis]

• A. Asian financial crisis of 1997–1998 chosen
  The Asian financial crisis of 1997–1998 was a severe regional economic meltdown that began with currency devaluations in East and Southeast Asia, triggering widespread financial instability, recessions, and international policy responses.
• B. Russian financial crisis of 1998
  The Russian financial crisis of 1998 was a severe economic collapse marked by a sharp devaluation of the ruble, default on domestic debt, and banking sector turmoil that undermined confidence in Russia’s post-Soviet market reforms.
• C. Brazilian currency crisis of 1999
  The Brazilian currency crisis of 1999 was a major financial turmoil in which Brazil was forced to devalue the real and abandon its currency peg, triggering inflationary pressures and economic instability.
• D. Mexican peso crisis of 1994
  The Mexican peso crisis of 1994 was a severe currency and financial crisis triggered by a sudden devaluation of the peso, leading to capital flight, a deep recession in Mexico, and a major international bailout.
• E. 2008 United States housing and financial crisis
  The 2008 United States housing and financial crisis was a severe economic downturn triggered by the collapse of the housing bubble and widespread mortgage defaults, leading to major financial institution failures and a global recession.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.