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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
May 26, 1998
Page
2
Russia faced renewed market turmoil as investors dumped stocks and bonds amid worries the government lacks an effective plan. The ruble weakened prompting Central Bank action. Yeltsin signed a decree to cut government spending and shrink the budget deficit in hopes of boosting the economy.
An international panel of historians released a report asserting Swiss insurers and banks aided the acceptance of Nazi gold during World War II, despite evidence the gold derived from stolen assets including Jewish victims. The report cites at least 263 pounds of gold housed in the Swiss central bank from melted watches and coins.
Springfield Oregon community resumes classes after Kip Kinkel's massacre at Thurston High School. Nichole Buckholtz, 17, grazed by a bullet, recounts fear while counselors assist, and mourners attend Ben Walker and Mikael Niklauson funerals with calls for action against gun violence.
A wildfire in the Palachicola National Forest has burned over 1,000 acres of oak and pine under bone-dry conditions. Flames rose to 25 feet as smoke formed a half-mile column drifting toward Tallahassee, with authorities warning the fire could expand to 5,000 acres. Gene Madden of the US Forest Service cautioned about serious spread.
Ikuo Hayashi a 51 year old heart surgeon and leader of Aum Shinrikyo was sentenced to life in prison for the 1995 Tokyo subway nerve gas attack that killed 12 people. Judge Megumi Yamamura noted criminal responsibility but said Hayashi showed remorse. Authorities reported possible fire at the scene and rainless heat raised risk to Apalachicola National Forest area.
Secret Service says a head of a G7 country fears privacy over potential testimony by presidential bodyguards. Lewis Merletti was informed this year by a leader who spoke to the agency, Newsweek cites an aide to Jean Chretien in January. The article notes the claim amid a separate Stern threat case.
SAN FRANCISCO The Cannabis Healing Center faced a predawn raid with sheriffs deputies ejecting seven residents and inventorying three handfuls of marijuana and three dozen small plants. Deputies will stay around the clock to prevent reopening amid Prop 215 tensions. No arrests were made.
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