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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Josef Svejk who wrote (12972)10/1/1998 7:48:00 PM
From: P. Ramamoorthy   of 13949
 
FYI
From "The Hindu" Sep 30, 1998:
U.S. panel allows 1-year waiver of sanctions
Negotiators from the U.S. House of Representatives and Senate, voted to give the U.S. President, Mr. Bill Clinton, flexibility in dealing with India and Pakistan, by allowing a one-year waiver of U.S. sanctions on the new nuclear powers. The waiver, potentially the first step in a broad revision of U.S. policy on economic sanctions, was approved on Monday as part of an agriculture funding bill. Negotiators rejected another proposal, approved in July by the Senate, to exempt food and medicine for all unilateral U.S. embargoes. Although negotiators wrapped up work on those provisions, leaders said the bill would not go to a floor vote until they resolved a dispute over the U.S. approval of a so-called abortion pill attached to the bill. Lawmakers were not expected to meet again before Thursday. The White House had sought authority to waive the U.S. economic sanctions on India and Pakistan for one year in the hope engagement would bring greater U.S. leverage in the subcontinent. The Senator, Mr. Tom Harkin, IOWA Democrat, said, ''we're close, very close'' to getting the nations to sign a nonproliferation pact and a missile control regime.
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Ram
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