To: DMaA who wrote (16294 ) 6/24/1998 10:57:00 PM From: Moonray Respond to of 22053
Top Stories: Worldwide for June 25: Gingrich Favors Cutting Capital Gains Tax Rate to 15% AP - 06/24/98 07:59:11 PM U.S. House Speaker Newt Gingrich proposed reducing the capital gains tax rate for most individuals to 15 percent, down from 20 percent, a step he said would ''supercharge'' the U.S. economy. Gingrich, armed with new forecasts that the capital gains tax cut would bring billions into the U.S. Treasury, said he will push to pass the legislation this year and that he would make it retroactive to today's date. Gingrich, though, faces formidable odds in pushing the tax cut through Congress this year. (TNI CNG TAX) Clinton to Press China on Human Rights, Warhead Deployment U.S. President Bill Clinton said he'll pressure Chinese government officials to grant greater freedoms to China's domestic critics and to re-target any nuclear weapons aimed at the U.S. Clinton, speaking in the Oval Office, said movement of China's missiles would eliminate the possibility of accidental firing and ''increase the confidence between two countries that are moving to reduce the nuclear threat.'' He then met with three reporters from Radio Free Asia, a part of the U.S. government's information services, who were denied visas to travel to China and report on the president's nine-day visit. The Beijing government's denial of the visas to the journalists will figure prominently in his human rights conversations with Chinese officials, Clinton said. (NI EXE) UN Weapons Chief Accuses Iraq of Lying About Nerve Gas United Nations chief weapons inspector Richard Butler told the Security Council that Iraq loaded missiles with nerve gas before the 1991 Gulf War and has lied to the international community ever since about the existence of the gas. Butler's briefing, which came the day before the UN is to review economic sanctions against Iraq, contradicted Iraqi claims that technical difficulties with the VX nerve gas program made it impossible to use as a weapon. Iraq's UN mission, in a statement, rejected the tests on the missiles, which were requested by Butler's UN special commission on Iraq and carried out by a U.S. military laboratory on warhead fragments recently excavated by UN experts. (NI IRAQ) U.S.'s Holbrooke Meets Kosovo's Rebels for First Time, UPI Says Richard Holbrooke, U.S. presidential envoy to the Yugoslav province of Kosovo, met with representatives of the Kosovo Liberation Army, the Albanian rebel faction trying to wrest independence from Belgrade, United Press International reported. It was the first known meeting between a Clinton administration official and the region's militant guerrillas, UPI said. The administration has previously said it wouldn't meet with faction representatives, whom they have accused of terrorism, until the time was ripe for negotiations between Yugoslav President Slobodan Milosevic and the Kosovar Albanians, UPI said. (NI STD) Paraguay, Denmark Follow Nigeria, France Into Second Round Paraguay and Denmark secured the two second-round places up for grabs on day 15 of the World Cup as Spain hit six goals before becoming the first big-name casualty of the tournament. The Paraguayans defeated Group D winner Nigeria 3-1 to claim second place ahead of the Spaniards, whose 6-1 rout of Bulgaria proved to be in vain. Denmark lost 2-1 to Group C winner France, though South Africa's 2-2 draw with Saudi Arabia meant the Danes took the runner-up spot. The French, with a maximum nine points from three games, will play Paraguay in Lens on Sunday, the same day Nigeria faces Denmark at the Stade de France in Paris. Paraguay, which hadn't scored a goal in the tournament, had to wait just 50 seconds for Celso Ayala to put his side in front with a close-range header. (NI WCUP) --Satoru Hoshikawa in the Tokyo newsroom (813) 3201-8950/ad -0- (BN ) Jun/24/ 98 20:56 EOS (BN ) Jun/24/98 20:56 86 AP-NY-06-24-98 2057EDT o~~~ O