OPEC Deadlock Over Spring Oil Output Cuts
OPEC ministers in Vienna struggle to agree on trimming more than one million barrels daily to stabilize prices. Kuwait resists reductions, pressing to maintain high output to fund Gulf War rebuilding, while Saudi Arabia pushes for cuts to meet weaker spring demand. Delegates note a target around 23.5 to 23.6 million bpd as current output nears 25 million.
MENTIONED IN THIS ARTICLE
Vienna
Austria
OPEC
Greanps Aubera
Organization of Petroleum Exporting Countries
Kuwait
Saudi Arabia
Iraq
Emirate
United States
Portrait of Washington on dollar bill may be least accurate
Mount Vernon researchers say the common image of George Washington on U S currency is not the most accurate likeness. Historians note artists historically reshaped portraits to attract buyers, depicting him at Mount Vernon, at Princeton, crossing the Delaware, or on unfinished canvases.
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Washington
George Washington
America
Mount Vernon
Washi
Ann Rauscher
Rauscher
Battle of
Princeton
Delaware River
Stuart
Clinton to ask all citizens to tighten belts
President Clinton will deliver a televised address outlining a sweeping deficit reduction plan. Officials say the proposal includes about 150 specific spending cuts to save money, with a broad based energy tax and limits on Medicare payments. virtually every American would contribute.
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Washington
Clinton
Sheer’ Gan
Popes Oe
Con
White House
Clinton faces tax plan reveal amid voter expectations
Washington AP notes voters privately assume taxes will rise, though many won’t admit it. Clinton will unveil his economic plan Wednesday, testing his leadership and persuasion as the public weighs his bid for a second term. Democratic pollster Geoffrey Garin predicts a voiced grumble from supporters during the rollout.
MENTIONED IN THIS ARTICLE
Washington
Bill Clinton
Clinton
Geoffrey Garin
America
Seven year old Angela Clark donates 77 cents to save school
In Williamsport Pa seven year old Angela Clark sent 77 cents and a note asking not to close Lewis Township Elementary. Michael Marchese Williamsport Area School Board director said the tiny offering highlights the district budget gap and he plans to return the money, valuing the gesture over the amount. The board may decide in May on the elementary closure amid more than 60 letters from residents.
MENTIONED IN THIS ARTICLE
Williamsport
Angela Clark
Angela
Michael Marchese
Williamsport Area
Marchese
Lewis Township
Ementary School
Texas school tax loophole costs counties millions
The Houston Chronicle reports Texas schools lose millions yearly to a farm loophole in the property tax law. The exemption shifts tax burden to other property owners, with examples including Exxon and the Perot Group. Critics warn against harming legitimate farmers while defenders say abuses are minimal.
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Houston
Texas
Houston Chronicle
Chronicle
Texas Agriculture
Rick Perry
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Jean Houdon
Mos
Gilbert Stuart
National Portrait Gallery, Smithsonian Institution
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Boston
Anto
Harris County
Im Robinson
Exxon Corp
Tomball Independent School District
Tomball
Ross Perot
Perot Group
Alliance Airport
Fort Worth
Northwest Independent School District
Denton