House Approves 286.4 Billion Defense Bill Amid Cuts
The House passed a 286.4 billion defense appropriations bill, 312 to 105, trimming plans for the next generation interceptor aircraft and the MX and Midgetman missiles. It aligns with an earlier authorization bill and faces a possible veto if conference revisions alter key weapon decisions. The package funds the B 2 bomber at 3.8 billion and restricts production to four planes in two years.
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Washington
House- Senate
House Armed Services Committee
Deng Xiaoping in Critical Condition Rumor Causes Market Selloff
UPI reported Deng Xiaoping in Beijing is in critical condition from cancer and may be near death, a claim not confirmed by Western diplomats. The rumor sparked panic selling in Hong Kong as stocks tumbled, while Deng’s health has long influenced markets ahead of sovereignty changes in 1997.
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Tokyo
UPI
Deng Xiaoping
Jiji Press
Beijing
Hong Kong
Akihito vows peace and upholds Japan's pacifist lease
Emperor Akihito, joined by Empress Michiko, holds his first news conference since ascending the throne, saying Japan is following the road to peace and strictly abiding by the no war constitution. He defends freedom of speech while dodging comments on Hirohito’s wartime role and notes the 44th Hiroshima anniversary forthcoming Sunday.
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Tokyo
UPI
Akihito
Hiroshima
Japan
Michiko
Hirohito
Pacific
U.S
Strike and violence sweep Colombo in tense crisis
Leftist JVP protests cripple Colombo business districts as talks on Indian troop withdrawal falter, prompting diplomats to warn of renewed anti-government violence after a surge of bombings and a fatal attack on two army officers.
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Colombo
Sri Lanka
UPI
Janatha Vimukthi Peramuna
JVP
Ranasinghe Premadasa
Unemployment Rate Drops to 5.2 Percent in July
The Labor Department reports the jobless rate fell to 5.2 percent in July, with 169,000 new jobs created. June's estimate was revised upward from 180,000 to 250,000, signaling stronger early summer growth and easing recession fears. Manufacturing employment held steady after prior declines while non durable goods offsets offset durable goods losses.
MENTIONED IN THIS ARTICLE
Washington
UPI
Labor Department
Hungarians to Sell Pieces of the Iron Curtain Fence
A joint Hungarian Austrian venture will market guaranteed genuine pieces of the dismantled Iron Curtain fence at the Hungary Austria border. Each souvenir bears the signature of Col. Jozsef Ban, commander of Hungarys Military Quality Control Institute. President Bush received a piece during a Budapest visit on July 12.
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Budapest
UPI
MTV
Hungary
Winston Churchill
Europe
Bush
Jozsef Ban
Military Quality Control Institute
West
Germany
Severe thunderstorms sweep upper Midwest causing damage
United Press International reports strong thunderstorms across the upper Midwest with a severe weather watch for parts of Minnesota Wisconsin and lower Michigan. Reports include a toppled barn near International Falls half inch rainfall at the site 75 mph gusts at Oakes ND hail the size of golf balls near Hecla SD and downed trees and power lines around Rockford Illinois as flash flooding affected Clinton Iowa and surrounding areas.
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Upper Midwest
Rockies
National Weather Service
Minnesota
Wisconsin
Michigan
International Falls
North Dakota
Oakes
South Dakota
Hecla
Illinois
Iowa
The
Weather Service
Clinton
Rockford
Illinois Five Day Forecast and Lottery Draws
The UPI report covers a five day forecast for Chicago Illinois from Sunday to Tuesday with cooler clearing conditions north and cooler less humid statewide by Tuesday. It notes highs ranging from the upper 70s to near 90 and cooler overnight lows. Also reported are Illinois State Lottery results with the Thursday winning number 3 3 7 and Pick Four 2 8 2 4, plus an estimated Lotto grand prize of 6 million dollars for Saturday.
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Chicago
UPI
Illinois
Commodity quotes given by Merchants Trading Co noon
Live beef cattle and hogs futures mix with various months and prices. Corn and wheat futures show modest gains while soybeans and meal trade mixed. Metals and currencies appear in brief listings with gold at 371.30 and silver at 5.26.
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Merchants Trading Company
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