Kravchuk threatens dissolution of Crimean Parliament
President Kravchuk says he will seek to dissolve the Crimean legislature and impose direct presidential rule if lawmakers do not reverse their declaration of independence. Deputy Prime Minister Zhulinzky says dissolution could be sought if crisis persists. Crimea's pro-Russian assembly has adopted a new constitution deemed secessionist by Kiev.
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Ukraine
Mykola Zhulinsky
Crimea
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Mandela pledges free health care and food for children
Nelson Mandela in the state of the nation address promised free health care and food for children within 100 days as part of a broader five year reconstruction program. He outlined a $714 million first year budget representing 3 percent of the budget with no overall tax or spending increase. The rand firmed after the speech as investors welcomed steps to bolster confidence in South Africa’s new leadership.
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Washington Tokyo Seek Restart of Trade Talks
The presidents of the United States and Japan agreed to revive trade negotiations after a conversation with Hata. Clinton said the pause in talks is a big plus and that progress is possible, though the accord does not set specific export increases. It calls for evaluating quantitative and qualitative factors to gauge market-opening progress.
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