Mideast focus shifts to Arafat and peace talks
President Clinton works to revive stalled Israel Palestine talks as Netanyahu sets security tied pullback limits and offers a possible meeting with Yasser Arafat. Arafat arrives in Washington for talks while Clinton rejects key points of Netanyahu’s plan and warns against dismantling the Palestinian Covenant.
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Trade deficit narrows in November as oil plunge aids
The Commerce Department reports the U S trade gap fell to 8.04 billion dollars in November, an eight month best. Auto exports hit a record high while deficits with Japan and China also shrank, down 11.6 percent from October's 9.09 billion revised figure.
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