Yeltsin cracks down on tax dodgers in Russia
President Boris Yeltsin announced a broad crackdown to fill government coffers and curb tax evasion. The IMF endorsed the program as Russia faces stock market drops and ruble weakness while Moody's warns of possible bond default risk. Yeltsin fired the tax chief, named Boris Fyodorov as replacement, and ordered easier seizure of property from debtors.
MENTIONED IN THIS ARTICLE
Yeltsin
Russia
Moscow
Boris Yeltsin
Moody’s
International Credit Rating Service
John Odling-Smee
IMF
Japan jobless rate hits record 4.1 percent in April
The government reported Japan's unemployment at 4.1 percent in April, the highest since 1953, as manufacturing and construction falter. The Nihon Keizai notes Japan's slump contrasts with a robust U.S. economy amid hints of an approaching recession.
MENTIONED IN THIS ARTICLE
Japan
Tokyo
America
The
Nihon Keizai
U.S
Management and Coordination Agency
Nyanda becomes first black head of South Africa's military
Gen Siphiwe Nyanda, former ANC guerrilla and Spear of the Nation chief of staff, takes command in Pretoria. He receives a ceremonial sword from Gen Georg Meiring and pledges conciliation to reassure white soldiers while Mandela and dignitaries witness the transfer.
MENTIONED IN THIS ARTICLE
South Africa
Pretoria
Siphiwe Nyanda
African National Congress
Nelson Mandela
Nyanda
Spear of the Nation
ANC
Kingdom
Swaziland
Johannesburg
Georg Meiring
Meiring
Estrada Declared Philippines Victor by Congress
The Philippine Congress proclaimed Joseph Estrada the winner of the presidential election on Friday signaling a peaceful power transfer. Estrada thanked supporters including the Philippine masses after rival Jose de Venecia conceded defeat following the May 11 vote.
MENTIONED IN THIS ARTICLE
Manila
Philippines
Philippine Congress
Joseph Estrada
Estrada
House
Jose de Venecia
Fidel Ramos
Habibie Allows New Parties in Indonesia Reform Push
President Habibie said Indonesia will allow the formation of new political parties as he relaxes the old political structure after Suharto's resignation. He vows to change electoral laws to enable elections in 1999.
MENTIONED IN THIS ARTICLE
Habibie
Indonesia
Jakarta
B.J. Habibie
Indone
Sia
Suharto
Indo
Nesia
Also Mentioned on This Page
International Monetary Fund
Boris Fyodorov
Yomiuri
Wewspaper OF
Iowa
Jim Ross Lightfoot
David Oman
Democrat
James Hennager
Paul Pate
Vilsack
Jeffrey Hughes Sr Reform
Edward Moses
GazetteOnline.com
An. Ton
Pio
Plas
Cedar Rapids
Wiley Bivd
Marion
7Th Ave
Dubuque
Jfk
Coralville
1St Ave
Cedar Falls
University Ave
Clayton Marcus
Marcus
Room
Kenwood
First Ave
Wed
Sun
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