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Voice of America, 00-08-15

Voice of America: Selected Articles Directory - Previous Article - Next Article

From: The Voice of America <gopher://gopher.voa.gov>


CONTENTS

  • [01] CLINTON-BALKANS (L-ONLY) BY DAVID GOLLUST (LOS ANGELES)
  • [02] DUTCH / YUGOSLAVIA (L ONLY) BY STEFAN BOS (BUDAPEST)
  • [03] U-N-BOSNIA (L ONLY) BY BRECK ARDERY (UNITED NATIONS)
  • [04] NEW YORK ECON WRAP (S&L) BY BARBARA SCHOETZAU (NEW YORK)

  • [01] CLINTON-BALKANS (L-ONLY) BY DAVID GOLLUST (LOS ANGELES)

    DATE=8/14/2000
    TYPE=CORRESPONDENT REPORT
    NUMBER=2-265464
    CONTENT=
    VOICED AT:

    INTRO: President Clinton - speaking in Los Angeles in advance of his Democratic convention address - defended his administration's record on foreign policy including his decision to send U-S troops to Bosnia and Kosovo. VOA's David Gollust has details from Los Angeles.

    TEXT: The administration's Balkans policy has been an early campaign issue, with Republicans including Presidential nominee George W. Bush criticizing Mr. Clinton and by extension Vice President Gore for making open-ended commitments of U-S troops without a clear exit strategy. In an address here to the National Democratic Institute - a party-affiliated policy study group -- Mr. Clinton said the alternative to allied action would have been wider ethnic chaos in Central Europe:

    ///CLINTON ACTUALITY///

    If the cause of freedom had been lost in those countries and the principle of ethnic cleansing had been upheld, we would be paying for it along with free people across the world for a very, very long time (applause).

    ///END ACT///

    Mr. Clinton said that with Kosovo holding its first free elections later this year, the only vestige of the Balkans undemocratic past is Serbia. There, he said the United States is encouraging opposition elements to mount a unified challenge to Yugoslav President Slobodan Milosevic despite the evident shortcomings of the election process in that country:

    ///CLINTON ACT TWO///

    Even if he steals the coming Presidential election - he undoubtedly will try to do that - he will lose what legitimacy he has left with the Serbian people. But whatever may happen, he has utterly failed to build a greater Serbia based on ethnic cleansing and exclusion.

    ///END ACT///

    In an address that mentioned neither the Vice President or Mr. Bush by name, Mr. Clinton said he hoped his successor - whoever he is - will continue effort to battle poverty and AIDS in Africa. Mr. Clinton - who visits Nigeria next week - cast that country and its transition to democracy as a key to broader peace and economic development on the continent:

    ///CLINTON ACT THREE///

    If democracy takes root in Nigeria, it will lift up an entire region. So we'll do our part to help with trade and investment, support for Nigeria's peacekeepers, and its efforts to insure that the vast wealth it has accumulated and squandered in the past finally benefits its people.

    ///END ACT///

    The President said he was grateful for bipartisan support in Congress on emergency aid to Colombia - which he also visits later this month -- as well as for permanent normal trade relations with China, and measures to lower trade barriers to goods from impoverished states in Africa and the Caribbean. (Signed)
    NEB/DAG/KBK 14-Aug-2000 21:14 PM EDT (15-Aug-2000 0114 UTC)
    NNNN
    Source: Voice of America

    [02] DUTCH / YUGOSLAVIA (L ONLY) BY STEFAN BOS (BUDAPEST)

    DATE=8/15/2000
    TYPE=CORRESPONDENT REPORT
    NUMBER=2-265500
    CONTENT=
    VOICED AT:

    INTRO: Dutch diplomats in Belgrade have expressed concern about the medical condition of four Dutch citizens who are being held on suspicion of plotting to kidnap or kill Yugoslavia's President Slobodan Milosevic. Stefan Bos in Budapest reports the diplomats spoke after they were granted access to the prisoners for the first time.

    TEXT: The four Dutch men were arrested nearly one month ago. But Dutch diplomats were not permitted access to them until Tuesday. After four hours of talks, the top Dutch diplomat in Belgrade, Kees Klompenhouwer, told reporters that the four Dutch citizens had gone through a difficult experience since they were arrested.

    /// KLOMPENHOUWER ACT ///

    They have been going trough a difficult time. Their present situation is reasonably well. But this needs to be followed up. In particular, their medical condition will need close attention, and of course, the development of the legal procedure itself.

    /// END ACT ///

    Lawyer Zoran Jovanovic, who represents three of the four men, was not allowed direct contact with his clients until Tuesday. In an interview, Mr. Jovanovic said his clients may have been forced into videotaped confessions that were broadcast on Yugoslav television. In those statements, the men said they entered Yugoslavia to kidnap or kill President Slobodan Milosevic. Mr. Jovanovic said that based on his experience with earlier clients, he did not rule out the possibility that physical force was used to make sure the four men made the statements.

    /// JOVANOVIC ACT ///

    It is possible. In my job I was in situations where I could hear from my clients, and they even said it in a trial, that they were beaten by the police (into a confession) or something like this

    /// END ACT ///

    Yugoslav Information Minister Goran Matic said the videotape proves that the men were sent by Western intelligence agencies that want to make a present of what he called a "Serbian head" to the United States. Both the Dutch government and the United Nations war crimes tribunal in The Hague have denied any links to the four. In addition, lawyer Jovanovic said he does not believe the videotape could be used as evidence in court. On Tuesday, the four Dutch citizens faced their first pre-trial court hearing. Although Mr. Jovanovic said the defense's case is strong, he expressed doubts if the four would be home by Christmas. Critics of President Slobodan Milosevic have accused the Yugoslav leader of using the case as part of a propaganda campaign ahead of next month's elections. (Signed)
    NEB/SB/JWH/JP 15-Aug-2000 13:20 PM LOC (15-Aug-2000 1720 UTC)
    NNNN
    Source: Voice of America

    [03] U-N-BOSNIA (L ONLY) BY BRECK ARDERY (UNITED NATIONS)

    DATE=8/15/2000
    TYPE=CORRESPONDENT REPORT
    NUMBER=2-265514
    CONTENT=

    INTRO: A top U-N official said today (Tuesday) that steady progress is being made in creating a multi- ethnic police force in Bosnia. VOA Correspondent Breck Ardery reports from the United Nations.

    TEXT: Bernard Miyet,the Assistant U-N Secretary- General for Peacekeeping, told the Security Council that the training and deployment of police and border security officers in Bosnia is continuing on schedule. He said that, in both services, there is a significant participation by Bosnia's ethnic minorities. The establishment of a professional, non-partisan police and judicial system in Bosnia is regarded by many as a crucial cornerstone for the nation's future. Netherlands ambassador Peter Van Walsum said crime and corruption remain very serious problems in Bosnia. He said smuggling is especially harmful, costing the country hundreds of millions of dollars in lost tax revenue.

    ///Van Walsum act///

    The Bosnian authorities must redouble their efforts to stamp out crime and corruption. They must be aware that foreign aid is not an infinite commodity.

    ///end act///

    Despite the concerns about crime and corruption, other speakers noted there has been progress in building a multi-ethnic society in Bosnia. U-S representative Nancy Soderberg noted that the hatred of the past is slowly giving way to a new respect for democracy and the rule of law. (Signed) NEB/UN/BA/LSF/ENE/PT 15-Aug-2000 18:51 PM EDT (15-Aug-2000 2251 UTC)
    NNNN
    Source: Voice of America

    [04] NEW YORK ECON WRAP (S&L) BY BARBARA SCHOETZAU (NEW YORK)

    DATE=8/15/2000
    TYPE=CORRESPONDENT REPORT
    NUMBER=2-265515
    CONTENT=

    INTRO: Trading was mixed on Wall Street today (Tuesday) with the Nasdaq Composite rebounding as the Dow Jones Industrial Average ended a three-day winning streak. Correspondent Barbara Schoetzau reports from New York.

    TEXT: The Dow Jones Industrial Average finished down 109 point - almost one percent - to close at 11- thousand-67. The broader Standard and Poor's also ended in the red, losing seven points, about half of one percent. But the technology heavy Nasdaq Composite Index closed up two points. Sun Microsystems shot up toward the end of the trading day after the company told investment analysts demand for its computers is higher than expected. Sluggish sales and higher inventories dragged retail shares down. J-C Penney -- one of the nation's biggest retailors -- reported that second quarter profits dropped 90 percent. Home Depot shares fell after the number one U-S home improvement chain reported second quarter revenues were up more than 20 percent but disappointed investors who had expected Home Depot to exceed analysts' expectations.

    /// REST OPT ///

    Shares of Staples dipped after the office supplies chain reported continued losses at its Internet site. Staples chairman Thomas Stemberg says the company's online business has been growing 500 percent over last year and should show a profit by the end of next year.

    /// STEMBERG ACT -opt--///

    We now predict that revenues should easily exceed 350 million dollars this year at Staples- Dot-Com and comfortably north of 600 million dollars next year when by the fourth quarter we should achieve profitability.

    /// STEMBERG ACT -end opt--///

    /// opt ///

    Cendant, the world's largest hotel franchiser, has announced its intention to buy the rest of Avis Group Holdings, the car rental chain. Cendant - which owns Howard Johnson, Super Eight Motels, Day's Inn and Ramada - already owns 18 percent of Avis.///end opt/// Summer doldrums are partially responsible for lackluster trading. Mace Blicksilver, managing director of Marblehead Asset Management, says investors and analysts are waiting for the government release Wednesday of the Consumer Price Index, the last key report scheduled before next week's meeting of the U-S central bank which will determine the direction of U-S monetary policy.

    /// BLICKSILVER ACT-opt-- ///

    Tomorrow, it's the C-P-I report, which will give the last look at inflation data ahead of the Fed's meeting next Tuesday. Friday is option expiration. There are always some trends off that.

    /// END ACT -end opt--///

    The government reported that U-S industrial production in July rose for the fourth consecutive month, suggesting that manufacturing continues to rebound from last year's sluggish performance. The report also said the nation's industries were operating at 82- point-three percent of capacity - up a fraction over June's figures. But analysts say declines in automotive products and durable goods suggest a slowdown in the economy. Slowdown or not, U-S Treasury Secretary Lawrence Summers says investment returns have never been greater. But he says reducing the U-S debt should remain the focus of U-S fiscal policy, not the type of across-the-board tax cuts the Republicans have suggested.

    /// SUMMERS ACT ///

    Every dollar we pay down of debt is a reduction of the future tax burden on the American people. Every dollar of paid down debt makes room for extra American saving to go into investment in our future, invest in tools, equipment, investment in new homes.

    /// END ACT ///

    Mr. Summers says there is room for targeted tax cuts aimed at helping people save and afford higher education. (Signed)
    NEB/BJS/TVM/PT 15-Aug-2000 18:25 PM EDT (15-Aug-2000 2225 UTC)
    NNNN
    Source: Voice of America
    Voice of America: Selected Articles Directory - Previous Article - Next Article
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