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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Feb 26, 1995
Page
4
In Assam, two explosive devices exploded in a military rail car, killing at least 26 soldiers and injuring more than 30. Authorities say Naga militants may be involved, with police chief K Rudra noting militants boarded the train, planted timed devices, then fled as the car derailed and three others were ripped apart.
Vice President Al Gore urged allowing foreign investment in U S phone and satellite firms by year end if nations open their telecom markets. He spoke in Brussels at a G seven Information Society conference promoting global standards for computer and communications markets. US rules cap at 25 percent foreign ownership, Gore said the administration will raise to 100 percent for compliant countries. Peter Kerry ran away to Malaysia with his father’s credit cards and passport. British diplomats and Malaysian police seek him as he texts parents from a Johor Baharu hotel.
Mexico's economic crisis worsens as government concedes its original stabilization plan failed. A tougher program of budget cuts and tax hikes is expected, after U S aid delayed recovery and inflation accelerated. President Zedillo had touted initial measures on January 3 but cites delayed U S rescue as a key factor.
Mexican officials drafting a dark rescue plan as inflation surges and growth stalls. Projections trim 1995 growth to zero or negative with inflation near 40 percent. U.S. demands a budget surplus of 0.5 percent to unlock a $20 billion package, while the plan seeks to act unilaterally without wage and price negotiations with labor and business.
Marine Lt Gen Anthony Zinni said withdrawal operations for United Nations forces in Somalia are ready today. Over 2,000 U.S. Marines and Italian troops will secure Mogadishu port and airport to back the withdrawal of about 2,000 Pakistani and Bangladeshi troops. The multi nation Operation Unified Shield will involve seven nations, 23 ships and more than 14,000 troops, with looters as the main risk during final days of the U N mission aimed at preventing famine but not restoring political order.
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