Euro trading marks new era for world currencies
The euro debuts strong in international markets, trading near $1.1877 per one unit. Officials in Europe welcome the cross border currency as an alternative to the dollar, with Bank of France governor Jean-Claude Trichet calling it an auspicious omen. The euro system includes 11 EU nations, ending separate exchange rates for participating currencies. The British pound stood at about $1.6575, while Britain planned no initial euro adoption. Chancellor Schroeder described the euro as offering friendly competition in Europe’s financial markets.
MENTIONED IN THIS ARTICLE
Benew
Germany
Europe
European Union
Jean-Claude Trichet
Bank of France
Julian Sire
Britain
Gerhard Schroeder
Philippine execution delayed by Supreme Court order
Manila AP reports three hours before a scheduled lethal injection for Leo Echegaray, a 38 year old house painter who raped his 10 year old stepdaughter, the Philippine Supreme Court halted the first execution in years. Activists cheered outside the prison as a church bell rang nearby.
MENTIONED IN THIS ARTICLE
Manila
Philippines
Philippine Supreme Court
Leo Echegaray
Israeli warplanes strike Lebanon wounding six people
Israeli warplanes attacked suspected guerrilla sites inside Lebanon wounding six, including a Lebanese woman and four daughters near Baalbek. Hezbollah warns of retaliation as Israel targets infrastructure such as a Hezbollah training base and a radio station.
MENTIONED IN THIS ARTICLE
Baalber Lebanon
Lebanon
Hezbollah
Hamdah Ayyoub
Sheik
Naim Kassem
Jerusalem
Nabi Sheet
Janta
Baalbek
Ey Sai
Two Israelis wounded in Hebron van ambush
Gunmen in a narrow Hebron alley fired two dozen bullets at a passing van wounding two Jewish settlers. Palestinian militants suspected. Two women injured, one seriously, at Hadassah Hospital. The attack linked to rising tensions after the 1994 Hebron mosque massacre anniversary.
MENTIONED IN THIS ARTICLE
Hebron
West Bank
Hadassah Hospital
Yael Bassem-Levy
Kiryat Arba
Zvi Katzover
Bell Atlantic Airtouch hold talks on possible merger
Bell Atlantic Corp and AirTouch Communications Inc confirmed talks on a possible business combination. AirTouch said significant issues remain unresolved and its board has not approved a transaction. CNBC reported a potential $45 billion takeover that would rank among the largest mergers.
MENTIONED IN THIS ARTICLE
New York
Bell Atlantic Corp
AirTouch Communications Inc
AirTouch
CNBC
Bell Atlantic
NASA launches Mars Polar Lander to seek frozen water
NASA launches the Mars Polar Lander on a 11 month flight to the south polar region to probe for water and potential life. The 3 1/2 foot tall craft carries a robot arm shovel and scoop to dig beneath the soil and heat samples for vaporized water detection.
MENTIONED IN THIS ARTICLE
NASA
Cape Canaveral
Fla
Mars
Richard Zurek
Ed Weiler
Space Science Division
Israel Deports 11 Cult Members in Millennium Plot
Eleven Denver based Concerned Christians members are deported from Israel after raids in Moza and Mevasseret. A 12th suspect appeared before a magistrate in Petah Tikva on suspicion of planning a Temple Mount shootout to hasten Jesus Christ return. Authorities say the group aimed to provoke a deadly confrontation with police to trigger the apocalypse. Leader Monte Kim Miller was not detained and was not in Israel.
MENTIONED IN THIS ARTICLE
PETAH
Denver
Shin Bet Security Service
Mossad
United Sates
Mount of Olives
Concerned Christians
Monte Kim Miller
Jerusalem
Ber
Miller
Israel
Moza
Jevasseret
Tel Aviv
Petahh
John Bayles
Petah Tikvah
Nira Diskin
Bayles
Saddam vows to fight illegal no-fly zones in Iraq
President Saddam Hussein denounces the no-fly zones as illegal and pledges Iraq will defend its airspace with courage. He claims Western strikes aim to smash Arab will and questions U.S. claims of defending against Iraqi air defenses as Arab capitals rally over the December air raids.
MENTIONED IN THIS ARTICLE
Baghdad
Iraq
Saddam Hussein
Saddam
United Nations
Security Council
United States
Britain
France
U N. Security Council
Egypt
Saudi Arabia
Syria
Yemen
Arab League
U.S
U.N
Cuba marks 40 years since Castro address and crisis
In Santiago, Gloria Lopez recalls Fidel Castro's 1959 pledge of struggle and change. Four decades on, Cuba faces economic crisis after loss of Soviet support, with limited reform, strict press control, ongoing food shortages, and market reforms amid a one party system.
MENTIONED IN THIS ARTICLE
Cuba
Castro
Santiago
Glorian Lopez
Fidel Castro
Fulgencio Batista
Batista
Ms Lopez
Latin America
Smith to file bid for president in New Hampshire
Republican Senator Bob Smith plans to officially file his candidacy for president on Monday with the Federal Election Commission. The conservative former congressman spent extensive time in Iowa and New Hampshire, saying he will run a grassroots campaign with heavy focus on the early primary and caucus states. Smith, a long time real estate businessman and former teacher, served three terms in the House before winning a Senate seat in 1980 and reelection in 1996.
MENTIONED IN THIS ARTICLE
Concord
N.H
Bob Smith
Smith
Iowa
New Hampshire
Federal Election Commission
House of Representatives
Senate
Worldwide conflicts drop as 60 wars counted in yearend survey
The National Defense Council Foundation reports 60 conflicts worldwide, down from 67 in 1997, reflecting a decline from Cold War highs but still above 1989 levels. Executive director Andy Messing Jr warns that expansions of nuclear, chemical, and biological threats could escalate minor clashes into global crises.
MENTIONED IN THIS ARTICLE
Washington
United States
Iraq
Greece
Liberia
National Defense Council Foundation
Alexandria
Andy Messing Jr
NDCF
Mr Messing
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Novell
Microsoft Business Solutions
Compiter Telephony
Wwnersmith-Inc. Com
Scripps Howard News Service
Sen
Unlimited
TS. WeCain
Dr. Frederick
Roy Rogers
Sts
Nembée
Shipley’s
ACR
DSS Satellite Systems
Sana
Frederick
Willie Americas Health Mann
Chania
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David A. Lieb
A.c.c.ars
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