Dole backs U S troops after Iraq air strike
Bob Dole offered thoughts and prayers for U S forces who attacked Iraq early today and expressed support for decisive action to curb Saddam Hussein. He urged withdrawal of Iraqi troops from northern Iraq, release of Kurdish prisoners, and renewal of UN weapons inspections while condemning Saddam's actions.
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Fed weighs half point rate hike to curb inflation
The Federal Reserve may raise rates by 0.5 percentage points if December data show slower growth. The Wall Street Journal cited officials weighing a policy move after key employment and inflation indicators, with a decision possibly by Sept. 24. The move would exceed market expectations and end an experiment with higher growth.
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Saddam invasion seen as another test
The Persian Gulf War left Saddam Hussein battered yet defiant, with new clashes against President Clinton over attacks on Kurds. Experts say he constantly tests responses from powers, surviving sanctions and coups while persecuting Kurds in the north and Shiites in the south.
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