Prosecutor faults judge in sex case for 11 year old victim
Montgomery County Md prosecutor Dou g Gansler condemns Circuit Court Judge Durke G Thompson for saying it takes two to tango after sentencing Vladimir Chacon Bonilla to 18 months for sex with an 11 year old girl. The judge noted the line in court while noting sentence exceeded guidelines.
MENTIONED IN THIS ARTICLE
Washington
Doug Gansler
Montgomery County
Vladimir Chacon-Bonilla
Chacon-Bonilla
Durke G. Thompson
Thompson
Department of Parole and Probation
World Bank to launch first online bond offering
The World Bank announced plans for its first global electronic bond offering, a $3 billion issue to be offered distributed and traded online. Goldman Sachs and Lehman Brothers will lead the offering, with no launch date or maturity details provided. The bank aims to set a new standard in reach liquidity and transparency.
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Washington
World Bank
Goldman Sachs & Co
Lehman Brothers
IMF chief Camdessus to step down by mid February
IMF president Michel Camdessus plans to resign by February 16 after 13 years at the helm of the 182 nation lender. Deputy Stanley Fischer says a successor is expected to be named by then as discussions among Summers and finance ministers in Japan loom. The informal postwar rule typically grants the top IMF job to a European.
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Washington
International Monetary Fund
Michel Camdessus
IMF
Camdessus
Stanley Fischer
Fischer
U.S. Treasury
Lawrence Summers
Japan
World Bank
World Bank debt securities fund vast development program
Afsaneh Mashayekhi Beschloss serves as vice president and treasurer of the World Bank. The institution has issued debt securities in international capital markets for over five decades, financing more than 4,000 development projects totaling $300 billion across 130 countries.
MENTIONED IN THIS ARTICLE
Afsaneh Mashayekhi Beschloss
The
World Bank
European and US Response to Lukewarm Draw
The report notes a tepid reception in several European countries and the United States. It highlights cautious or mixed reactions without strong backing or enthusiasm from international observers and consumers.
MENTIONED IN THIS ARTICLE
United States
Economist Walter Galenson Dies at 85 in Washington
Walter Galenson, an economist who pioneered Western measures of Soviet labor productivity, died in Washington on December 30 at age 85. He authored or edited 28 books, including a 1954 comparison of Soviet and US productivity and, in 1998, a study titled The World's Strongest Trade Unions on Scandinavian unions.
MENTIONED IN THIS ARTICLE
Washington
Walter Galenson
Soviet Union
Galenson
United States
Computer problem slows departures at airports
The Federal Aviation Administration faced a computer failure causing flight delays up to two hours across the Northeast. In New York, Kennedy Airport reported two hour delays, while LaGuardia and Newark saw delays up to one hour.
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Washington
Federal Aviation Administration
Northeast
Kennedy Airport
New York
LaGuardia
Newark
Greater
New York Area
Flights delayed nationwide as FAA center glitch hits major airports
Flights leaving Reagan National Dulles Logan JFK LaGuardia and Newark faced delays after an FAA air traffic control computer malfunction. Ground stops affected Washington center traffic to Virginia and North Carolina with backups used. FAA denied Y2K link and noted Nashua center issues earlier in the week.
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Reagan National
Dulles
Washington
Logan International Airport
WBZ
Boston
FAA
Washington Area
Washington Center
Virginia
North Carolina
Nashua
N.H
Massachusetts
New Jersey
New York
Air Traffic Control Center
Eliot Brenner
Boston Center
Atlantic Ocean
Canadian
Long Island
Welfare reform study finds insured gaps for mothers and kids
A Health Affairs study of 1,004 women and 1,662 children who left welfare between 1995 and 1997 shows one third of former working mothers lacked health insurance, and nearly half of unemployed leavers also remained uninsured after a year. About 70 percent of children kept coverage, with 47 percent in Medicaid and 29 percent in private plans.
MENTIONED IN THIS ARTICLE
Washington
Health Affairs
Bowen Garrett
The
Urban Institute
Henry J. Kaiser
Health Care Financing Administration
Families USA
Judy Waxman
Navy to field all electric propulsion for destroyers
The Navy will deploy the DD-21 class with an all electric propulsion system reducing crew to 95 from 300. Secretary Danzig said about 250 million dollars over six years will fund electric drive development for 32 ships at 25 billion total, first entering service in about a decade. The system replaces large reduction gears with compact generators and electric motors.
MENTIONED IN THIS ARTICLE
Washington
Navy
Richard Danzig
Pentagon
Congress
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