Toned-Down Rhetoric Yet Trade Barriers Persist US Japan
In the run up to a Washington summit with Kiichi Miyazawa the Bush administration seeks calm on trade. Japan's surplus widens while Tokyo proposes a 48 billion dollar stimulus package aimed at boosting domestic demand.
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Kerrey Warns of Quiet Crisis Crushing Farm Families
Sen. Bob Kerrey cites a 1990s farm crisis as a quiet squeeze on Nebraskas farmers and their land. He compares it to the 1980s debt and low prices, noting 55 percent of farm households posted losses in 1990. He spoke to the Agricultural Communicators Congress about long term viability and the urge to stay in farming.
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Secret Talks Urged By Hong Kong Governor
Hong Kong's departing governor Sir David Wilson urged secrecy in Britain China disagreements and behind closed doors deals when possible. In remarks to the Hong Kong Journalists Association he said issues over Hong Kong should be handled quietly through sensible discussion before Britain hands over in 1997 to China. Chris Patten is slated to replace him in July.
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Subic Bay base closure and Ramos administration shift
President Cora zon Aquino ordered the last RAMOS US military base at Subic Bay closed by year end. The Bush Administration cut military and economic aid by 60 percent, with Congress set to push further reductions next year. President Ramos pledged a 100 day review of U S Philippine relations but gave no concrete policy yet.
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