IMF report blames Mexican investors for peso crash
The IMF concludes Mexican residents triggered the peso’s collapse with a last minute run on currency and notes foreign investors were not the primary cause. It downplays systemic threats and supports use of capital controls by developing nations.
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Israel lifts 10 day Gaza Strip closure
Thousands of Palestinian workers return to jobs in Israel as border reopens after a 10 day ban. Palestinian police captured Hamas militants including a suspect planning a Tel Aviv attack near the Kirya. Israel expands Palestinian authority in the West Bank while settlers are removed from a hilltop encampment. A Palestinian professor wounded in a drive by shooting in Nablus.
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Kobe to close 260 quake refugee centers in Kobe Japan
Seven months after the Jan 17 earthquake Kobe announces closure of 260 refugee centers and ending free food for the homeless 7 600 still not housed must move to waiting stations temporary housing or find private housing officials say no forced evictions but talks are urged before schools reopen. Sojiro Kawamura of refugee groups criticizes the move as a new disaster for families remaining in schools.
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Los Angeles Times
Kobe
Japan
Templor
Jun Nagata
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Indian train crash kills 300 in northern India
At least 300 passengers died and 400 injured when a passenger train rammed a halted train after a cow collision near Firozabad. Rescue workers pulled bodies from twisted debris as cranes lifted wrecked cars. officials attributed the accident to a signal man routing the Purushottam Express onto a track with Kalindi Express ahead.
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New Delhi
India
Manas Patnaik
Orissa
Firozabad
Press Trust of India
Siberian tattooed mummy preserved by Moscow institute
Scientists study preservation of a 3,000 year old tattooed Scythian man found on the Ukok plateau in Siberia. His red braided hair, embroidered clothes, fur coat and a buried horse are described as permafrost preserved. The body may fade without protection, with the Mausoleum Institute in Moscow handling conservation.
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Interfax
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Gramm wins Iowa fundraiser as Dole, other contenders react
Gramm and Dole led a major Iowa Republican fundraiser in Ames drawing 13,500 tickets at 25 dollars each. Buchanan was third with 1,922 votes and Alexander 1,156. Gramm vows to build precincts for 1996 caucuses, citing a springboard victory and a mail campaign targeting hunters and conservatives. Barbour cautions not to read too much into the straw vote.
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Rabin rejects probe of alleged war crimes
In Jerusalem Prime Minister Yitzhak Rabin dismissed calls to investigate long suppressed claims of Israeli war crimes against Egyptian prisoners of war, saying both sides committed aberrations and the past should not be raised as embassies and relations with Arab countries are considered.
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Jerusalem
Yitzhak Rabin
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