Nations choices Jobs or wages at odds with market forces
Washington Post reports a conference of officials and economists concluded that industrial nations face a trade off between offering low wage jobs to millions of low skilled workers or leaving them jobless. The U S emphasizes jobs via flexible markets and low minimum wages while Europe keeps high pay, strong welfare, and stiff employment costs, yielding higher unemployment yet less wage decay.
MENTIONED IN THIS ARTICLE
Washington Post
Jackson Hole
Wyo
United States
Pentagon seeks 27 billion six year intel budget package
Defense Department plans a 27 billion six year spending plan for NSA DIA and Central Imagery Office, covering 1995 to 2001. Defense Week cites internal documents approved by Deputy Defense Secretary John Deutch, with CIA and NRO excluded.
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Washington
Defense Department
Congress
National Security Agency
Defense Week
Pentagon
John Deutch
Defense
National Security
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Central Imagery Office
CIA
National Reconnaissance Office
NSA
DIA
Imagery
Deutch
California Drug Treatment Saves Money Says State Survey
A statewide survey by the California Department of Alcohol and Drug Programs finds every dollar spent on treatment yields seven dollars in savings, driven by reduced crime and health costs. The study covers October 1991 to September 1992, estimating 1.5 billion in savings from 209 million spent. Director Andrew Mecca calls it slam dunk evidence.
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California
United States
Department of Alcohol and Drug Programs
Andrew Mecca
Jericho forms united Palestinian council amid West Bank autonomy
A 13 member council representing Hamas, Islamic Jihad and other factions takes over in Jericho as Israel approves expanded autonomy. Jamil Khalaf hands in his keys and vows to start from zero while Saeb Erekat notes unity as essential. Progress hinges on halting terror and capturing attackers in Friday slayings.
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Palestine
Arafat
Israel
Saeb Erekat
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Erekat
Council
West Bank
Cairo
East Jerusalem
Israel and Jordan Resume Dead Sea Talks on Water and Borders
Israel and Jordan restarted two day discussions at the Dead Sea Spa Hotel on water resources and border disputes essential before a peace treaty. Technical teams from Jordan, Israel and the US met separately to plan regional development projects. Eliakim Rubinstein said negotiations are progressing at the right pace. Fayez Tarawneh led the Jordanian delegation.
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Outh Shomeh
Jordan
Israel
Eliakim Rubinstein
Foreign Ministry
Dead Sea Spa
Fayez Tarawaeh
Washington
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