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To: sea_urchin who wrote (32448)4/25/1999 7:45:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116766
 
Deconstructing Yugoslavia

<< As the NATO air campaign against Yugoslavia enters its second month, allied bombing has achieved one significant result: the destruction of large chunks of the country's economic infrastructure.

The economy, already reeling from the effects of eight years of international sanctions and decades of mismanagement, is being dismantled piece by piece. Yugoslav officials say that the damage from NATO bombs has reached the $100 billion mark. By some estimates, the bombing has set Yugoslavia back one or even two decades. >>

washingtonpost.com

******

NATO Widens Security 'Map'

<< Commanders Get New Authority To Pick Yugoslav Bombing Targets

U.S. officials said yesterday that the NATO leaders, meeting privately Friday, gave their military commanders broad new authority to strike politically important targets throughout Yugoslavia -- including some that primarily affect civilians -- without going through the cumbersome process of gaining approval from all 19 NATO members.

The targets include electricity and water systems, broadcasting stations and President Slobodan Milosevic's personal property and guards, even if these lie in downtown Belgrade, the officials said. >>

washingtonpost.com

Morning Searle,

Actually, it looks like General Clark is in almost complete charge ... He's the guy that suggested the best way to handle Russia's supply of oil to Yugoslavia would be aerial bombardment of the pipeline that runs through Hungary. He also proposed bombing Russian warships that enter the battle zone.

Looks like he may get his chance yet!

Madness.

John



To: sea_urchin who wrote (32448)4/25/1999 10:35:00 AM
From: long-gone  Read Replies (1) | Respond to of 116766
 
Metals analyst says gold industry has likely hit bottom
By Tom Gardner
Associated Press

RENO, Nev. -- Gold analyst John Dobra has predicted the future of the gold industry for a decade, and his latest forecast is gloomily optimistic.
That's not really an oxymoron. He just says things could hardly get worse.
Gold producers hope he's right.
"With all of the events in gold markets in the past two years it is difficult to imagine what else can happen," Dobra wrote in the U.S. Gold Industry 1998 report issued Thursday.
His biennial survey anticipates survival for companies that can stay profitable at $280 an ounce. But it warns that marginal operations face absorption, and others may just fade away.
Dobra, an economics professor at the University of Nevada at Reno and director of its Natural Resource Industry Institute, said producers can only try to weather gold prices struggling to reach $285 an ounce.(cont.)
insidedenver.com