Powell to visit Afghanistan to bolster interim government
Secretary of State Colin Powell will visit Afghanistan next week to show support for the pro West interim government installed three weeks ago. The trip includes India, Pakistan, Japan and possibly other undisclosed countries. Powell will attend an international reconstruction conference in Japan slated for January 21 22 with a US pledge around 400 million dollars. United Nations officials estimate donor contributions could exceed 2 billion dollars to cover the first 2 1/2 years, including 170 200 million for land mine removal and up to 290 million for health care.
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Wholesale prices drop to record low in 2001 economy
The Labor Department reports wholesale prices fell 1.8 percent in 2001, the steepest annual drop in 15 years, driven by energy price declines amid a global slowdown. Economists foresee cooler consumer inflation, while energy costs and stock market shifts reflect a weak economy and Federal Reserve rate easing.
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