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: Russian default of 1998 | Statement: [Russian financial crisis of 1998, alsoKnownAs, Russian default of 1998]

Target entity: Russian default of 1998
Context triple: [Russian financial crisis of 1998, alsoKnownAs, Russian default of 1998]

• A. Russian financial crisis of 1998 chosen
  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.
• B. Asian financial crisis of 1997–1998
  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.
• 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. dissolution of the Soviet Union
  The dissolution of the Soviet Union was the 1991 political collapse that ended the USSR, dismantled its communist government, and marked the formal conclusion of the Cold War era.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.