Russian arms sale to Cyprus sparks regional tensions
A Russian firm plans to ship antiaircraft missiles to Greek Cyprus by mid August as part of an arms deal that alarms Washington and threatens renewed clashes on the divided island. Rosvooruzheniye says the missiles are not yet built. Turkey warns of action to block deployment.
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Moscow
Cyprus
Turkey
Mediterranean
United States
Defense
William Cohen
Yevgeny Ananyev
Rosvooruzheniye
Social Security gains from strong economy and higher trust funds
A new report credits the robust economy for improving Social Security prospects. Trustees now project full benefits through 2092 with surpluses enough to cover current retirees until 2092, delaying cash shortfalls from 2029 to 2092. without changes, benefits could fall to about three quarters. Republicans push for private personal accounts while Democrats urge caution and measured reforms.
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Washington
Bill Archer
House
Ways and Means Committee
Social Security
Congress
Dick Gephardt
Treasury
Robert Rubin
Democrats push IRS oversight bill amid hearings
Democrats question hearings as legislation to strengthen taxpayer rights and oversight of the IRS stalls after passing the House. Sen. Grassley defends prolonged review while a Norfolk Virginia restaurant raid case referenced at the panel highlights IRS enforcement concerns.
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Washington
Internal Revenue Service
John Breaux
D-La
Breaux
House
Senate
Charles Grassley
Browa
Senate Finance Committee
IRS
Congress
John Colaplete
Jewish Mother
Norfolk
Virginia Beach
Albright Eyes Closer Ties With China Amid Differences
Secretary of State Madeleine Albright in Beijing says the United States seeks a warmer relationship with China for the century despite disagreements on human rights trade barriers and tech deals. She notes progress and aims to set up Clinton's June state visit. Tang Jiaxuan welcomes the shift toward cooperation.
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Madeleine Albright
China
Clinton
Albright
United States
Tang Jiaxuan
Tang
Major mob bosses indicted in Manhattan extortion case
After a four-year probe the acting Lucchese boss Joseph Defede and 11 associates from the Gambino and Genovese families were indicted for racketeering and extortion in Manhattan Garment District. They allegedly extorted 30 000 to 40 000 monthly since the mid 1980s, with 2.5 million restitution sought.
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Manhattan
FBI
Lewis Schilio
Joseph Defede
Lucchese
Gambino
Genovese
New York City
Aiken Standard Subscription Rates and Details
The Alken Standard published weekday afternoons and weekend editions by Aiken Communications Inc. Subscription rates are listed for various mail types with monthly and multi month options, including prices for second class and other mail. Postage and advance payment options are noted.
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