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To: John Hunt who wrote (32511)4/26/1999 6:33:00 AM
From: John Hunt  Respond to of 116927
 
Sudden Movement in Diplomatic Gridlock

<< Two important bits of news have broken in the past few hours. First, Vuk Draskovic, Deputy Prime Minister of Yugoslavia and an old opponent of Milosevic has broken with Milosevic. He has called for Serbia to accept proposals for UN troops in Kosovo, arguing that NATO would not split and that the ongoing bombing would devastate Yugoslavia. At about the same time, Strobe Talbot, Madeleine Albright's key deputy, announced that he was traveling to Moscow to meet with Viktor Chernomyrdin. Greece's Prime Minister will also be in Moscow at the same time. Earlier in the day, U.S. National Security Adviser Sandy Berger had stated that some of the results of Chernomyrdin's peace proposal were "promising." Berger's comments represented a substantial softening of the U.S. position, which had been fairly negative on Chernomyrdin's proposals initially. The shift was undoubtedly generated by the realization that NATO would not sanction a ground war. >>

stratfor.com

*****

'Europe's Last Dictator' Digs In

<< NATO warplanes have reduced his home to a pile of rubble, put his television stations off the air and destroyed the headquarters of his ruling Serbian Socialist Party. But Yugoslav President Slobodan Milosevic carries on with what, to outside appearances at least, is his regular routine. He presides over cabinet meetings, meets with foreign dignitaries and issues orders for reconstructing his devastated country. >>

washingtonpost.com

*****

China's Military May Get U.S. Base

<< Just how foolish? Here's a snapshot of COSCO's history of activity in U.S. ports. In 1992 the U.S. Federal Maritime Commission fined COSCO $400,000 for paying kickbacks. In 1993 a COSCO ship was caught transporting 87 pounds of heroin. In 1996, a Justice Department sting operation exposed an attempt to sell 2,000 AK-47s to California street gangs, with the promise of delivering missiles to knock a 747 airliner out of the sky. >>

insightmag.com

*****

Gold to take IMF news in stride, Asian traders say

<< News that Britain supports a larger sale of IMF gold was unlikely to have a big impact on gold because the market has factored in the development, Asian traders said on Monday. >>

biz.yahoo.com

*****

The good news, the bad news, the 'what's this?' and the 'gold is not dead' news.

:-))




To: John Hunt who wrote (32511)4/26/1999 12:45:00 PM
From: long-gone  Respond to of 116927
 
If there aren't going to be any problems why do they need protection?
APRIL 24, 11:37 EDT
Limits on Y2K Lawsuits Spark Feuds
By JONATHAN D. SALANT
Associated Press Writer
WASHINGTON (AP) — A giant, buzzing insect menaces San Francisco and New York City in a televised warning to Congress to pass legislation restricting lawsuits over the Year 2000 computer bug.
The $500,000 ad campaign debuting Sunday is the latest push to limit businesses' liability for fallout from Y2K computer glitches. Business leaders sought out likely sponsors, helped draft the bills and have made them a top priority.
The millennium issue is the latest twist in a long-standing feud between business leaders and trial lawyers, another powerful lobbying group, over proposed limits on lawsuits.
This time, the looming deadline may give the issue more urgency and force a decision that would frame future debates.
''They are trying to make Y2K the poster child for liability reform for 1999,'' said Joan Mulhern, legislative counsel for Public Citizen, a consumer advocacy group affiliated with Ralph Nader.
Supporters of the legislation say that without limits, lawsuits related to computer glitches could cost all sorts of businesses $1 trillion and swamp the court system.
More than 80 businesses that formed a coalition to push the bill meet weekly. The National Association of Manufacturers has told lawmakers that this vote would help determine their rankings on the group's annual legislative scorecard. Seventy-eight executives signed a letter urging the Senate to pass the bill.
The U.S. Chamber of Commerce, part of the business coalition, is spending $500,000 for the TV ad campaign. Viewers are urged to support ''a bill that will protect consumers with legitimate problems, while preventing a swarm of frivolous lawsuits over minor glitches.''
The commercials were scheduled to debut in Washington on the Sunday talk shows, then air nationally on the cable news networks CNN, MSNBC and CNBC, chamber officials said. (cont.)
wire.ap.org