Bejing Crisis Deepens as Troops Patrol Streets
Amid growing tension in Bejing over martial law, residents report large numbers of soldiers near airports and highways in the northeast, with reports of gunfire and casualties. Officials deny higher death tolls while evacuations proceed and embassies urge citizens to depart.
MENTIONED IN THIS ARTICLE
Beyng
Shenyang
Bejing
Tiananmen
Traders brace for disrupted trade as China unrest grips firms
Corning Glass Works plans to recall about 70 people from its operations in China and Hong Kong while carriers report normal factory work despite potential shutdowns. Traders in Syracuse fear sanctions and delays in shipments as experts warn that China’s long term prospects may remain sound but business will pause for about a year.
MENTIONED IN THIS ARTICLE
Corning Glass Works
LA Aioe Ventures
Tanti
China
Pierre-Louis Roederer
Corning
Shenzhen
Hong Kong
Roederer
Carner Corp
Rick Whitmyre
Carrier
Shanghai
Whitmyre
U.S
Hasiman Kodak Co
Beying
Xinmen
Ronald C. Roberts
New York
Anderson
Gansu Province
Syracuse Empire
Joseph W. Lewis
Ambassador Trading Co. Ltd
Syracuse
Syracuse University
Marwyn Samuels
Tfetch
Windas
Samuels
Stupidity arrogance of Chinese leaders amaze observers
Syracuse University geography professor Marvyn Samuels says Chinese leaders are stupid and arrogant as observers watch Beijing tensions unfold. He notes troops, restricted visas, and scarce food, with reporters confined and collateral violence reported but not confirmed. Samuels cites cautious optimism that violence will prompt broader change despite danger.
MENTIONED IN THIS ARTICLE
Samuels
China
Srmerican
David Aikman
Time Magazine
Beijing
Intercantrone
Diers
Beqing
Consumers to feel interest rate relief in housing loans
The fall in the prime rate boosts home equity loans, with about half of the $75 billion lines tied to the prime and resetting monthly. Homeowners with a $75,000 loan could save about $31 a month, yet still face a net loss of around $156 monthly due to prior rate rises. Other borrowers hear some relief as rates ease broadly.
MENTIONED IN THIS ARTICLE
Charles Luckett
Federal Reserve Board
Washington
Ed Williams
Harris Trust and Savings Bank
Sheldon Good Mortgage Services
Richard Peterson
Continental Bank
U.S
Treasury
Fed
Donald Ratascze
Georgia State University
Atlanta
Ratajerk
Fed Funds
Brian Wesbury
Stotler Economics
Mourners pull shroud from ayatollah at funeral in Tehran
IRNA reported crowds swarmed the Mosalla Mosque area as Ahmad Khomeini, son of Ayatollah Khomeini, was carried from the bier. Security fired into the air to disperse mourners who blocked the hearse two hours into his funeral, while millions gathered from across Iran. The event followed weeks after Khomeini’s death and his 29 page political testament was broadcast.
MENTIONED IN THIS ARTICLE
IRNA
Khomeini
Ahmad
Mosalla
Ahmad Khomeini
Bene
Baheshte Zahra
Tehran
Allah Akbar
God
Ar |Ehran
Sid Khomeini
Revolutionary Guards
Moham
Paygam
Iran
Imam
Tehran Radio
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Li Peng
Deng Xiaoping
Lu Peng
28Th Army
Communist Party
Zhao Ziyang
Taiwan
Deng Miaoping
Deng
Beiing
Penn Can Mall
Michael J. McSherry
Mohawk Customs and Shipping Corp
Lewis
Ertan Ed Sieben
Danny Garris
Empire Trading Co. Ltd
Peat Street
Gary Gerew
Marvyn Samuels
Bernie
Bajing
Citibank
Wall Street
Lawrence Chimerime
Wefa Group
Bale Conwyd Pa Economie
Ayatollah Khomeini