U S backs Russian IMF and World Bank membership
The Bush administration announced support for full IMF and World Bank membership for Russia and other former Soviet states. The move could bring billions in loans but not immediate aid while memberships are considered over six months to years. Brady cited new opportunities for international financial cooperation and market reforms.
MENTIONED IN THIS ARTICLE
Washington
Bush Administration
International Monetary Fund
World Bank For
Russia
IMF
World Bank
Soviet Union
Treasury
Nicholas Brady
United States
Brady
John Williamson
Institute For International Economics
Boris) Yeltsin
Gunmen fire on Georgia demonstrators near Gamsakhurdia rally
In Tbilisi gunmen hurled smoke bombs and opened fire on about 3,000 demonstrators chanting Zviad Gamsakhurdia. At least two killed and 25 wounded as chaos spread with cars and kiosks used for cover. Opposition had just announced a military council to oust the president.
MENTIONED IN THIS ARTICLE
Tbilisi
Georgia
Zviad Gamsakhurdia
Gamsakhurdia
Radio Russia
Truce takes hold as Yugoslav fighting pauses across most fronts
After a brutal day, warring factions halted hostilities as a new United Nations backed truce took effect across much of Yugoslavia. The Serb led army accused Croatian guardsmen of a breach along a 30 mile front east of Zagreb, while Croatian radio reported silent guns at ten earlier flashpoints. A Krajina leader rejected the truce, insisting it negates Serbian will.
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Belgrade
Yugoslavia
Federal
Zagreb
U.N
Cyrus Vance
Krajina
Croatia
Milo Paspal
Palestinian delegation suspends departure for Washington talks
The Palestinian delegation suspended its planned departure for Washington after Israel expelled 12 activists from the occupied territories. A decision by the Palestine Liberation Organization is awaited while Hanan Ashrawi and Faisal Husseini criticize the move as an attempt to derail the peace process. Jordan’s foreign minister condemns the action and the U.S. urges Israel to reconsider.
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Washington Post
Jerusalem
Washington
Israel
Palestine Liberation Organization
Amman
Hanan Ashrawi
United States
Faisal Husseini
Ashrawi
Sari Nusseibeh
Jordan
Kamel Abu Jaber
Black group claims killings in Soweto, South Africa
A radical black faction said its military wing killed two police officers in Soweto as part of its campaign against the government. An anti-apartheid paper alleged government-backed funding of black conservative groups to fuel factional violence in the mid-1980s. The Azanian People’s Liberation Army, linked to the Pan Africanist Congress, claimed responsibility for the killings.
MENTIONED IN THIS ARTICLE
Johannesburg
South Africa
Friday
Pan Africanist Congress
Azanian People’s Liberation Army
Soweto
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