Decade of upheaval ends with German reunification and Gulf crisis
The 1990s begin with East and West Germany reunified on October 3 after Berlin Wall protests. NATO accepts Germany, while Gorbachev faces domestic turmoil. The U.S. confronts a heavy S&L crisis, Bush fights recession with tax increases and Greenspan cuts rates. Noriega surrenders. Thatcher departs, Major succeeds.
MENTIONED IN THIS ARTICLE
U.N. Security Council
Iraq
Kuwait
East
West Germany
Berlin Wall
East Germany
Soviet Union
NATO
Germany
Mikhail Gorbachev
Gorbachev
Communist Party
S&l
Messier
U.S
Charles Keating Jr
Lincoln Savings and Loan
Keating
Senate Ethics Committee
Donald W. Riegle Jr
D-Mich
Alan Cranston
Calif
John M R-Ariz
John Glenn
Ohio
Dent Ariz
Neil
Silverado Banking, Savings and Loan Associations
United States
Bush
Washington
Helsing
Finland
Paris
Europe
Congress
Federal Reserve
Alan Greenspan
Greenspan
Dow Jones
Retailers cry over unfair tax burden on liquor sales
Palmetto Package Stores across three locations decry the new tax as unfair to shoppers and small retailers. They warn of inventory hurdles and price changes, with Perry planning two hires to count nearly 2,200 items. Some customers stock up for events while sales pulse then dip.
MENTIONED IN THIS ARTICLE
Palmetto Package
Congress
Ihr
Bennett
Priester
Perry
Boyette
Custers
Jimmy Pettas
Pettas Liquor Store
Park Avenue
Bush aides debate recession risks and job losses
Top officials spar over whether the economy is entering a recession as unemployment may rise to about 7.5 percent, with estimates of over one million jobs lost. Rep. Hamilton says a recession will occur, while analysts note oil shock from the Gulf crisis and consumer confidence drop.
MENTIONED IN THIS ARTICLE
Bush
Lee Hamilton
D-Ind
Joint Economic Committee
Fog Delays Gulf Warships From Charleston Harbor
Heavy fog Friday delayed five Charleston based warships on a large East Coast deployment to the Persian Gulf. The ships carrying about 4500 sailors remained tied up at their pier as weather limited movement. The 382nd Field Hospital unit activated to deploy, with several area doctors and nurses leaving civilian posts.
MENTIONED IN THIS ARTICLE
Charleston
Navy
Persian Gulf
U.S. Army Reserve
Feld
Aiken
Richmond K. Turner
William V. Pratt
Halyburton
Hawes
Cmdr
Drew Malcomb
Charleston Naval Base
Patrick Dooling
South Carolina
Georgia
Ruth Oliver
Weather’ Service
Douglas J Katz
Norfolk
America
Katz
Iraq
Kuwait
382Nd Field
Middle East
Aiken City
Eric M. Radford
Fresh Troops in London and Iraq war prep
British defense officials describe fresh troops and civilian inoculations in London as Britain sends about 21 000 troops to the anti Iraq force. Iraq claims to test missiles while Washington warns of biological weapons stockpiles and large scale germ warfare readiness amid ongoing tensions.
MENTIONED IN THIS ARTICLE
London
British Defense Ministry
Britain
Iraqest
U.S. Cental Command
Saudi Arabia
CIA
William Webster
Iraq
Gorbachev At Risk As Power Restructuring Deepens Split
Gorbachev pushes a new vertical line of authority linking presidency to the Cabinet and local officials after Congress approves executive reorganization, with ministers now answerable to the president. He narrowly misses creating a Supreme State Inspectorate, while fear grows over possible authoritarian drift amid republics uncertainties and budget tensions.
MENTIONED IN THIS ARTICLE
Gorbachev
Leningrad
Anatoly Sobchak
Anatoly Su Ranov
Supreme Soviet
Congress
Supreme State Inspectorate
Russia
Also Mentioned on This Page
Gulf
Fed
Poland
Czechoslovakia
Hungary
Solidarity
Lech Valesa
Romania
Yugoslavia
Albania
Manuel Noriega
Vatican
Florida
Panama
Noriega
Margaret Thatener
Argentina
Falkland Islands
John Major
Manuel Noreiga
Samuel Kanan
Fuji Securities Inc
Charleston Harbor
Assect
Commerce Department
Sanford Kuvin
The
National Foundation For Infectious Diseases
Democrac
Shevardnadze
Moscow
Capri’s
Washington Rd
Augusta
Socom
Eenlcyunesetg
Rabbit
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