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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.06-1.4%Nov 17 4:00 PM EST

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To: long-gone who wrote (15222)8/3/1998 6:43:00 PM
From: goldsnow  Read Replies (2) of 116762
 
Richard, World Food Crisis may be looming..

House Rushes $5.5 Bil. in Farm Aid

WASHINGTON (AP) - Responding to a severe drop in farm income, Congress sent President Clinton a bill today to accelerate $5.5 billion in payments already due farmers in the year ahead. The money is intended to aid farmers who are enduring a projected $7.5 billion decline in income this year compared with last year because of flagging Asian exports and huge worldwide crop production. The bill would speed up disbursement of payments intended to help wean farmers off of subsidies abolished by the 1996 ''Freedom to Farm'' law. Clinton has indicated he will sign it.

Chinese Military Battles Floods

BEIJING (AP) - China's military has enlisted more than 1 million soldiers to ''fight to the death'' to ensure waterlogged dikes holding back the flooded Yangtze River do not collapse, state media reported. Floods brought by rains that fell earlier and heavier than usual have killed at least 1,268 people in China so far this year. Most of the deaths have occurred along the Yangtze, but authorities in northern China also warned today that heavy rains could cause catastrophic flooding along the Yellow River.
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