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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 27, 1988
Page
4
Washington reports a cease fire between Nicaragua's Sandinistas and Contra rebels, signaling a major turning point and the likely end of the war. The Sandinistas have ruled since the 1979 revolution as President Reagan expends political capital amid U.S. backing since 1981.
The analysis argues that extended Contra aid failed to win Congress support and that U S influence waned as Nicaragua faced a slow war. It notes about 40 000 deaths, a devastated economy, and a waning U S stance as talks for a cease fire begin April 6 with Contras facing supply shortages and Sandinista pressure.
Ohio has spent about $5 million on the Home State Savings Bank probe. Lawrance Kane, the special prosecutor, faces a budget shortfall and efforts by Attorney General Celebrezze and Governor Celeste to secure extra financing. By Feb 15 the state had spent $4.96 million with nine convictions recorded, including Marvin Warner, and a $22 million restitution against BP amid ongoing appeals and federal actions.
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