Shooting in Jerusalem Old City Leaves One Dead
An Orthodox Jewish man was killed and another wounded in a Thursday gun attack near the Damascus Gate in Jerusalem’s Old City. Police said the shooter used automatic weapons and that the suspect was likely Palestinian. investigation continues as authorities note the rare violence in this holy site.
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Jerusalem
Damascus
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Army Radio
Wilde Returns to Merrion Square in Modern Granite Display
A Dublin display revisits Oscar Wilde with a bold technicolor composition of granite jade porcelain and quartz. Two black columns feature his wit with a pregnant woman at one crown and a naked male torso at the other.
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South Korea Sets Economic Reforms Amid Turbulent Markets
South Korea fired its economy minister and announced measures to ease currency controls, borrow dollars abroad, and clean up debt-ridden banks. Analysts doubt the steps will quell panic, with some predicting an IMF bailout unless confidence returns. President Kim Young-sam replaced the minister Lim Chang-ryul, who outlined five measures to woo foreign investors and allow the won to swing up to ten percent daily.
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International Monetary Fund
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Chubais Loses Finance Post In Kremlin Shakeup
Russian reformer Anatoly Chubais, long finance chief and First Deputy Prime Minister, was stripped of the finance ministry as part of a Kremlin reshuffle. He and four aides reportedly received $90,000 each for a forthcoming book on Russian privatization, funded by a publishing house now partly owned by a bank profiting from recent government asset sales.
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Russia
Anatoly Chubais
Kremlin
Chubais
Boris Nemtsov
Boris Yeltsin
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