Diplomacy at critical point over North Korea nuclear standoff
Secretary of State Warren Christopher warned diplomacy has reached a critical point as the United States weighs progressively stronger measures against North Korea. China urged caution on sanctions while Clinton praised Chinese leadership in dissuading nuclear options. Pentagon officials said Patriot missiles to South Korea will arrive in four to six weeks for airfield and port defense. North Korea dismissed the U.S. move as a declaration of war.
MENTIONED IN THIS ARTICLE
Washington
North Korea
Warren Christopher
Clinton
U.N
China
Christopher
Senate Foreign Relations Committee
USA Today
U.S
Yongbyon
United States
Pentagon
Dennis Boxx
South Korea
Boxx
Central Bank
Treasury
Lloyd Bentsen
Fed
Hale pleads guilty to fraud on loans
Former judge David L. Hale admitted two felony fraud charges for fraudulently applying for federal money tied to Whitewater related business. Special counsel Robert Fiske cited Hale’s cooperation as pivotal while Hale implicates President Clinton and James McDougal in a 1986 $300000 SBA loan to Susan McDougal.
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Little Rock, Ark
Whitewater
Robert Fiske
David L. Hale
Clinton
Hale
James McDougal
McDougal
Susan
Arkansas Ozarks
Madison Guaranty Savings and Loan Association
Fiske
Madison
Fed raises rates for second time this year to 3.5 percent
The Federal Reserve, after a five hour meeting, increased the federal funds rate to 3.5 percent from 3.25 percent, signaling tighter credit conditions. Markets reacted modestly with the Dow dipping slightly and 30 year Treasuries yields falling to 6.85 percent. analysts expect further hikes possibly to 4.5 percent by year end.
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Washington
Federal Reserve
Fed
Central Bank
UN flies 22 tons aid into Tuzla first in two years
The United Nations delivered 22 tons of food and medicine to Tuzla in northeastern Bosnia, the first aid flight to the refugee city in nearly two years of war. Akashi called it a day of peace as Tuzla’s airport reopened amid guarded security and a crowds.
MENTIONED IN THIS ARTICLE
Tuzla
Bosnia
Herzegovina
United Nations
Yasushi Akashi
U.N
Yugoslavia
Alija Dedic
Srebrenica
Secrets and delays in Russia's military tech imports
A retired analyst recalls urging Russia to steal Western know-how to save development time, noting the seven to 10 year lag in turning blueprints into hardware. He cites a Kryuchkov conversation and frames theft as a persistent Russian espionage approach, with the Ames case as recent confirmation.
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Russia
KGB
Vladimir Kryuchkov
West
United States
Ames
Gore savors self deprecating humor in political joke
The speaker argues humor helps politics by avoiding ridicule of officials. Gore cites a winning score from joking about himself, notes the vice president’s vote breaking ties in the Senate, and recalls red phone, Air Force Two, and a weekly lunch with the president ending with the question You gonna finish that.
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Gore
Senate
Air Force Two
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