Yeltsin Ends Privileges Of Soviet Elite In Russia
Boris Yeltsin decrees an end to privileges for Communist Party bureaucrats government officials and industrial managers in the Russian Federation claiming privileges violate social fairness. He vows benefits not earned by personal labor should be outlawed.
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Panel urges reprimand for lawmaker Barney Frank
The House ethics committee, in a party-line move, recommends a reprimand for Rep. Barney Frank over his relationship with male prostitute Stephen Gobie. The panel aired no debate and the full House must vote. Frank previously admitted paying Gobie $80 for sex in 1985 and later hiring him.
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Roh Tae Woo urges open borders between Korea
South Korean President Roh Tae Woo calls for ending Cold War division and opening travel between the North and South. He proposes lifting restrictions for five days starting August 13 at Panmunjom and inviting North Koreans to freely visit and meet in the South.
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Explosions at Cincinnati BASF Plant Kill One, Injure Dozens
Explosions rocked a BASF Corp chemical plant in Cincinnati, killing one person and injuring about 63 others. Firefighters contained a two hour blaze after the blasts shattered windows up to a quarter mile away, with at least one person missing and four in critical condition. The four story facility housed roughly 200 workers and stored some 50 chemicals including solvents and varnishes.
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Riegle to Return S&L Contributions to Treasury
Senate Banking Chair Donald Riegle said he would give the U S Treasury 120 000 received from the savings and loan industry over seven years The move comes as the thrift industry crisis looms over campaign funding while Riegle and four other senators face ethics inquiries linked to Keating The senator has already returned 78000 tied to Keating and associates
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Iowa Falls in Income Growth Ranking in New Commerce Report
Iowa ranks 39th in personal income growth from early 1989 to early 1990, moving from eighth in 1989. Minnesota leads nearby states with 8.4 percent gain while Illinois and Missouri exceed Iowa modestly at 6.4 percent. Nebraska ties Iowa at 5.4 percent.
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