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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 16, 1998
Page
3
A 71 year old sky diver died when both main and reserve chutes failed to open during a jump from 13000 feet with two companions in Orange. His body was found in a wooded area east of state Highway 631. Two other divers landed safely.
Catherine Bwire, blinded in the U S Embassy bombing in Nairobi, says her baby Jean Bahati Lukhoba gives her purpose. At 10:39 a.m. on August 7 she was at work when a car bomb exploded, leaving her with injuries and a future she now faces with her infant.
A GAO report alleges IRS employees embezzled 5.3 million in checks and cash from 1995 to 1997. Schemes included altered checks and cloned checks stolen from processing centers. The GAO cites antiquated systems and weak financial reporting as ongoing IRS problems.
In Jakarta President Habibie tightens palace security and says violent student protests will delay democracy. An aide backs his military chief while two opposition figures are questioned as police crack down after clashes that left at least five students dead.
Tokyo officials announce a record economic package worth over 188 billion dollars as critics urge bigger action. Prime Minister Keizo Obuchi frames the plan as a crucial step to halt a third straight year of contraction amid a worsening recession.
Moscow reports that a 90 day moratorium on Russia's foreign debt repayments expired Sunday though the government and banks may still be unable to resume payments. The Aug 17 decision to impose the temporary moratorium followed a ruble devaluation and prompted threats of asset seizures by foreign creditors but little action.
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