OPEC Ministers Suspend Talks On Production Cut
In Vienna Austria AP reports OPEC oil ministers halted discussions for a month on a proposed production reduction. Several ministers voiced disappointment at the breakdown of negotiations, seeing it as a setback to stabilizing oil markets.
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Vienna
Austria
OPEC
Organization of Petroleum Exporting
OPEC Talks See Libyan Minister Seeks Early Production Cuts
Libyan oil minister Fawzi Shakshaki favored immediate production cuts and cooperation with non-OPEC producers. Analysts warned that failure to agree could send oil prices tumbling as world markets opened, amid efforts to raise prices.
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Fawzi Shakshaki
OPEC
OPEC debates cuts as non-OPEC offer eyed
OPEC president Lukman of Nigeria said more time was needed to clarify the offer to cut 300000 barrels a day about 2 percent of output. Non-OPEC proposed a 200000 barrel daily cut for two months if OPEC matches, while Saudi Arabia pressed for smaller moves. Eight members favored accepting the proposal as a starting point for broader cooperation.
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OPEC
Rilwanu Lukman
Nigeria
Algeria
Lukman
Saudi Arabia
Pro
Jackson vows to turn up the heat on Dukakis
Jackson intensified his rhetoric in Ohio as he trails in delegates and pledges to escalate attacks on Michael Dukakis. Dukakis counters with a focus on Bush and policy, while Bush maintains a busy Washington schedule ahead of primary day with contests in Indiana and DC.
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Surgeon General to declare nicotine addictive in upcoming report
Washington AP reports Surgeon General Koop will label nicotine an addictive drug in a forthcoming briefing. Ronald Davis says the finding should spur public understanding that smoking deserves serious attention like heroin or cocaine. The effort follows the 1986 report on passive smoking and questions vending machine sales and free samples.
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Washington
C. Everett Koop
Federal Office of Smoking and Health
Ronald Davis
Davis
Cbs-Tv
Tobcco Institute
R.J. Reynolds ‘Tobacco Co
Mediation rejected as Melanesian separatists hold hostages
In New Caledonia protesters refused a Roman Catholic archbishop as mediator amid ten days of violence. Four gendarmes were shot and wounded near Canala. seven people have died since unrest began April 22 as the UN was urged to intervene. In Seoul, North Korea defected official Kim Jeong Min sought asylum, described as the highest ranking defection since the war. A US Navy Guantanamo crash killed five sailors and a civilian, with three more hurt and no identities released.
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New Caledonia
United Nations
Canala
la Grande Terre
Segal
South Korea
South
Foreign Ministry
Kim Jeong Min
Seoul
Europe
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Cuba
Bob Hines
CIA says China’s march to free market slows
The CIA told Congress that China’s shift to a market economy is slowing with leaders divided on final form. The panel notes mixed reforms, inflation pressures, slower income growth, and rising state subsidies, despite 1987 GDP up 9.4 percent and exports to the United States up a third.
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China
Washlivus ON
Central Intelligence Agency
Congress
Joint Economic Committee
Peking
United States
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Ambassadors End May Day Boycott in Moscow Parade
Western ambassadors returned to May Day ceremonies in Red Square as a parade appeared free of anti American rhetoric. Globally thousands attended rallies honoring workers while security forces clashed with demonstrators in Poland the Philippines and Chile. Mikhail Gorbachev and 11 Politburo members viewed Lenin’s mausoleum as Jack Matlock marked the first U.S. ambassador May Day appearance since Afghanistan intervention.
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Jack Matlock
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Aide to Maryland congressman jumps to death
Tom Pappas 46 of Accokeek Maryland chief assistant to Rep Roy P Dyson fell 18 stories from a 28th floor Helmsley Palace Hotel window in midtown Manhattan landing on a seventh floor roof. Police termed it a death by own action after a Washington Post front page story appeared. Dyson was questioned by detectives at the scene.
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NEW York
Maryland
Washington Post
Tom Pappas
Accokeek
Roy P. Dyson
Helmsley Palace
Midtown Manhattan
Stephen Davis
Davis
Dyson
Pilot lands Aloha jet after fuselage blowout
The Aloha Airlines jetliner from Hilo to Honolulu shed part of its upper fuselage at 24,000 feet, losing one engine power and nose gear indication. Pilot touched down at Kahului at about 195 mph with no flaps, braking hard, and landed safely with 89 passengers, five crew, and an air traffic controller aboard.
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Kanului
Hawanary
Aloha Airlines
Kahului
Joseph Nall
Hilo
Honolulu
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