Voice of America, 97-04-15

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

CONTENTS

[01] ALBANIA / FORCE (S-UPDATE) BY KYLE KING (DURRES)

[02] ALBANIA LANDING (S) BY KYLE KING (DURRES, ALBANIA)

[03] ANTI-CHRISTIAN PERSECUTION (L ONLY) BY RITA COLORITO (NEW YORK)

[04] BOSNIA / NEW CURRENCY (S-ONLY) BY NICK SIMEONE (STATE DEPT.)

[05] BULGARIA POL (L) BY BARRY WOOD (PRAGUE)

[06] EDITORIAL: BERLIN VERDICT SHOWS IRAN'S TERRORISM

[07] EURO STOCKS (S-ONLY) BY PAUL FRANCUCH (LONDON)

[08] IRAN/DIPLOMACY (L-ONLY) BY LAURIE KASSMAN (CAIRO)

[09] N-Y ECON WRAP (S & L) BY BRECK ARDERY (NEW YORK)

[10] RUSSIA / NATO (L-ONLY) BY ANDRE DE NESNERA (MOSCOW)

[11] TUESDAY'S EDITORIALS BY ANDREW N. GUTHRIE (WASHINGTON)

[01] ALBANIA / FORCE (S-UPDATE) BY KYLE KING (DURRES)

INTRO: THE FIRST MAJOR CONTINGENT OF TROOPS FROM A MULTINATIONAL FORCE HAS ARRIVED IN ALBANIA, WHERE THEY WILL TRY TO HELP RESTORE ORDER TO THE VIOLENCE-TORN BALKAN NATION. VOA'S KYLE KING HAS THIS REPORT FROM THE PORT CITY OF DURRES, WHERE TROOPS FROM ITALY, FRANCE AND SPAIN HAVE BEEN LANDING.

TEXT: HUNDREDS OF FRENCH TROOPS WERE THE FIRST TO COME ASHORE, WHERE THEY WERE GREETED BY ALBANIAN OFFICIALS WHO WELCOMED THE START OF THE MULTINATIONAL MISSION.

TROOPS AND TANKS FROM ITALIAN AND SPANISH MILITARY TRANSPORT SHIPS QUICKLY FOLLOWED, MARKING THE START OF WHAT IS BEING CALLED OPERATION "ALBA."

OFFICIALS SAY A TOTAL OF ABOUT SIX-THOUSAND TROOPS WILL EVENTUALLY BE DEPLOYED IN ALBANIA OVER THE COMING WEEKS.

THE DEPLOYMENT COMES AS ALBANIA'S GOVERNMENT IS STRUGGLING TO REESTABLISH CONTROL OVER A COUNTRY THAT DESCENDED INTO CHAOS FOLLOWING THE COLLAPSE OF GET RICH INVESTMENT SCHEMES.

ITALIAN OFFICIALS SAY THE MULTINATIONAL FORCE WILL MAINLY PROVIDE SECURITY FOR THE DELIVERY OF AID.

MANY ALBANIANS SAY THEY ARE HOPING THE TROOPS WILL ALSO HELP ROUND-UP THE HUNDREDS OF THOUSANDS OF GUNS THAT HAVE BEEN LOOTED FROM ARMY WAREHOUSES, BUT MILITARY OFFICIALS SAY THEY HAVE NO PLANS TO DO THAT. (SIGNED)
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15-Apr-97 1:54 PM EDT (1754 UTC)
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Source: Voice of America

[02] ALBANIA LANDING (S) BY KYLE KING (DURRES, ALBANIA)

INTRO: THE FIRST MAJOR WAVE OF TROOPS AND EQUIPMENT FROM THE ITALIAN-LED FORCE FOR ALBANIA HAS LANDED (TUESDAY MORNING) AT THE PORT CITY OF DURRES. VOA'S KYLE KING IS THERE AND FILED THIS REPORT.

TEXT: DOZENS OF FRENCH ARMORED VEHICLES AND LIGHT TANKS WERE THE FIRST TO ROLL-OFF THE MILITARY TRANSPORT SHIPS THAT BEGAN ARRIVING IN DURRES AT DAYBREAK. ALTHOUGH SMALL ADVANCE PARTIES HAVE BEEN IN THE COUNTRY SINCE LAST WEEK, THE ARRIVAL OF THE FIRST LARGE NUMBERS OF ITALIAN AND FRENCH TROOPS MARKS THE ACTUAL START OF THE LONG-AWAITED HUMANITARIAN MISSION.

AS FRENCH TROOPS QUICKLY SECURED THE PORT AREA, ITALIAN TANKS, WITH 120-MILLIMETER CANNONS, BEGAN FANNING-OUT AROUND THE COUNTRY.

THE ITALIANS -- WHO ARE CONTRIBUTING THE LARGEST NUMBER OF TROOPS TO THE SIX THOUSAND MAN FORCE -- SAY THEY EXPECT THE DEPLOYMENT TO BE COMPLETED IN ABOUT A WEEK.

THE INTERNATIONAL FORCE IS DESIGNED TO HELP PROVIDE SECURITY FOR AID SHIPMENTS, AND A MEASURE OF STABILITY FOR A COUNTRY THAT HAS BEEN SHAKEN BY WEEKS OF UNREST, TRIGGERED BY THE COLLAPSE OF GET-RICH-QUICK INVESTMENT SCHEMES.

ITALIAN OFFICIALS SAY THEY HOPE THE INTERNATIONAL FORCE WILL ALSO HELP CREATE THE CONDITIONS NECESSARY FOR ELECTIONS, EXPECTED IN JUNE. (SIGNED)
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15-Apr-97 5:02 AM EDT (0902 UTC)
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Source: Voice of America

[03] ANTI-CHRISTIAN PERSECUTION (L ONLY) BY RITA COLORITO (NEW YORK)

INTRO: NEW YORK CITY OFFICIALS ARE CONSIDERING A RESOLUTION TO REQUEST THAT PRESIDENT CLINTON AND CONGRESS CALL FOR AN END TO THE PERSECUTION OF CHRISTIANS AROUND THE WORLD AND TO MAKE THAT A TOP PRIORITY OF U-S FOREIGN POLICY. V-O-A'S RITA COLORITO REPORTS THE NEW YORK CITY COUNCIL HEARD TESTIMONY TODAY (TUESDAY) URGING THE UNITED STATES TO CONSIDER HUMAN RIGHTS BEFORE ECONOMIC GAIN WHEN DEALING WITH NATIONS INVOLVED IN PERSECUTING CHRISTIANS.

TEXT: NINA SHEA OF THE FREEDOM HOUSE HUMAN RIGHTS ORGANIZATION TESTIFIED THAT CHRISTIANS ARE THE MOST PERSECUTED RELIGIOUS GROUP IN THE WORLD TODAY.

CHRISTIANS IN MANY PARTS OF THE WORLD SUFFER BRUTAL TORTURE, ARREST, IMPRISONMENT AND EVEN DEATH -- THEIR HOMES AND COMMUNITIES LAID WASTE FOR NO OTHER REASON THAN THEY ARE CHRISTIANS.

THE NEW YORK CITY COUNCIL, IN ITS HEARING ON THE PERSECUTION OF CHRISTIANS, ALSO HEARD TESTIMONY FROM PAUL MARSHALL, A SENIOR FELLOW AT THE INSTITUTE FOR CHRISTIAN STUDIES IN TORONTO, CANADA. HE SAID THE MAIN PERPETRATORS ARE COMMUNIST COUNTRIES AND COUNTRIES RULED BY MILITANT ISLAMIC GROUPS. HE SAID CHINA, EGYPT, SUDAN, SAUDIA ARABIA, AND VIETNAM ARE ESPECIALLY ANTI-CHRISTIAN.

TWO-THIRDS OF THE WORLD'S NOMINAL CHRISTIANS LIVE OUTSIDE THE WEST. HENCE, IN ADDRESSING THIS QUESTION OF THE PERSECUTION OF CHRISTIANS, WE ARE NOT FOCUSING ON A PECULIARLY WESTERN OR NORTH AMERICAN PREDILECTION, BUT ON THE LARGEST AND WIDEST MANIFESTATION OF RELIGIOUS PERSECUTION IN THE WORLD TODAY.

PETER VALLONE, SPEAKER OF THE NEW YORK CITY COUNCIL, SAID IF THE UNITED STATES DOES NOT TAKE EFFECTIVE ACTION AGAINST THE PERSECUTION OF CHRISTIANS, NEW YORK CITY WILL USE ITS FINANCIAL RESOURCES TO HELP BRING AN END TO IT.

IN THE PAST, THE CITY COUNCIL HAS USED NEW YORK'S ECONOMIC POWER IN SANCTIONS AGAINST APARTHEID IN SOUTH AFRICA AND, MOST RECENTLY, TO PRESSURE SWISS BANKS TO MAKE REPARATIONS TO HOLOCAUST SURVIVORS. (SIGNED)
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15-Apr-97 4:01 PM EDT (2001 UTC)
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Source: Voice of America

[04] BOSNIA / NEW CURRENCY (S-ONLY) BY NICK SIMEONE (STATE DEPT.)

INTRO: BOSNIA-HERZEGOVINA WILL SOON HAVE A NEW CURRENCY. BOSNIA'S COLLECTIVE PRESIDENCY, WHICH REPRESENTS THE COUNTRY'S THREE MAIN ETHNIC GROUPS, AGREED ON A NEW NOTE AND A SINGLE CENTRAL BANK AFTER MEETINGS WITH SENIOR U-S OFFICIALS TUESDAY IN SARAJEVO. MORE FROM V-O-A'S NICK SIMEONE AT THE STATE DEPARTMENT.

TEXT: THE THREE LEADERS AGREED TO GIVE THE NEW CURRENCY THE POLITICALLY NEUTRAL NAME OF "THE MARKA" AND IT WILL BE PEGGED AT (PARITY TO) ONE GERMAN DEUTSCHMARK. THE OLD (BOSNIAN) CURRENCY WAS THE DINAR, WHICH IS ALSO THE CURRENCY USED IN NEIGHBORING SERBIA.

THE AGREEMENT FOLLOWS MONTHS OF NEGOTIATIONS BETWEEN BOSNIA'S COLLECTIVE PRESIDENCY. THE STATE DEPARTMENT IS DESCRIBING IT AS A SIGNIFICANT STEP TOWARD FULFILLING TERMS SET OUT BY THE DAYTON PEACE ACCORD THAT ENDED THE BOSNIAN WAR. SPOKESMAN NICK BURNS:

THIS IS A VERY IMPORTANT DEVELOPMENT. IT MEANS THAT THERE WILL NOW BE A SINGLE WAY TO TRADE AND TRANSACT BUSINESS AND ONE THAT IS BACKED BY THE INTERNATIONAL FINANCIAL COMMUNITY.

THIS NEW CURRENCY WILL NOT DISPLAY THE NAMES OF BOSNIA'S TWO ENTITIES -- THE MUSLIM-CROAT FEDERATION OR THE SERB REPUBLIC. BUT UNLIKE THE BOSNIAN DINAR, THIS NEW CURRENCY WILL BE CONVERTIBLE (HONORED THROUGHOUT BOSNIA-HERZEGOVINA). (SIGNED)
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15-Apr-97 6:33 PM EDT (2233 UTC)
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Source: Voice of America

[05] BULGARIA POL (L) BY BARRY WOOD (PRAGUE)

INTRO: CAMPAIGNING CONTINUES IN BULGARIA AHEAD OF SATURDAY'S PARLIAMENTARY ELECTION, WHICH IS EXPECTED TO BE WON BY THE CONSERVATIVE "UNION OF DEMOCRATIC FORCES" (U-D-F). V-O-A'S BARRY WOOD REPORTS.

TEXT: OPINION SURVEYS SUGGEST "UNION OF DEMOCRATIC FORCES" SUPPORT HAS FALLEN SLIGHTLY IN RECENT DAYS TO BETWEEN 56 AND 60-PERCENT POPULARITY.

THE DISCREDITED "SOCIALISTS", WHO WERE FORCED OUT OF OFFICE IN FEBRUARY BECAUSE OF BULGARIA'S ECONOMIC COLLAPSE, REGISTER ABOUT 17-PERCENT SUPPORT. SEVERAL SMALLER PARTIES REGISTER FROM THREE TO SEVEN-PERCENT SUPPORT. TO GET INTO PARLIAMENT, A PARTY IS REQUIRED TO RECEIVE FOUR-PERCENT OF THE VOTE.

THE INTERIM GOVERNMENT, LED BY THE MAYOR OF SOFIA STEFAN SOFIANSKI, IS APPEALING TO UNION OF DEMOCRATIC FORCES SUPPORTERS NOT TO BE COMPLACENT AND WORK FOR A HIGH VOTER TURNOUT SATURDAY. PARTY LEADER IVAN KOSTOV SAYS BULGARIA'S RECENT AID AGREEMENT WITH THE INTERNATIONAL MONETARY FUND AND WESTERN EUROPE WILL ASSURE FINANCIAL DISCIPLINE AND HELP THE FIGHT AGAINST CORRUPTION. MEANWHILE, THE SOCIALISTS ARE CRITICIZING THE U-D-F FOR PROMISING VOTERS TOO MUCH. SOCIALIST LEADER GEORGI PARVANOV SAYS THE AUSTERITY AGREEMENT WITH WESTERN LENDERS MAKES SUCH PROMISES IMPOSSIBLE TO KEEP.

THE INTERIM GOVERNMENT HAS PROMISED TO DRASTICALLY SLASH THE BUDGET DEFICIT AND PRIVATIZE OR CLOSE DOZENS OF UN-PROFITABLE STATE ENTERPRISES. THOUSANDS OF WORKERS ARE TO LOSE THEIR JOBS. OFFICIAL UN-EMPLOYMENT IS EXPECTED TO RISE TO NEARLY 20-PERCENT BY THE END OF THE YEAR.

TUESDAY THE INTERIM GOVERNMENT ANNOUNCED THE COMPLETION OF ITS BIGGEST PRIVATIZATION DEAL. A MAJORITY HOLDING IN THE SODI CHEMICAL COMPANY HAS BEEN SOLD TO A BELGIAN COMPANY FOR 160-MILLION DOLLARS. STEEL MILLS, RESORT HOTELS, AND BALKAN AIRLINES ARE AMONG OTHER STATE COMPANIES UP FOR SALE.

WEDNESDAY PRESIDENT PETAR STOYANOV IS TO MEET WITH THE VISITING EXILED BULGARIAN KING SIMEON, WHO IS MAKING A TWO-DAY VISIT TO HIS HOMELAND. THE 59-YEAR-OLD KING, A BUSINESSMAN IN SPAIN, HAS DECLINED TO ENDORSE ANY POLITICAL PARTY. LAST YEAR, THE POPULAR KING MADE HIS FIRST VISIT TO BULGARIA SINCE THE COMMUNISTS SENT HIM INTO EXILE AS A CHILD IN 1946. (SIGNED)
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15-Apr-97 12:05 PM EDT (1605 UTC)
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Source: Voice of America

[06] EDITORIAL: BERLIN VERDICT SHOWS IRAN'S TERRORISM

ANNCR: THE VOICE OF AMERICA PRESENTS DIFFERING POINTS OF VIEW ON A WIDE VARIETY OF ISSUES. NEXT, AN EDITORIAL EXPRESSING THE POLICIES OF THE UNITED STATES GOVERNMENT.

VOICE:

THE GOVERNMENTS OF GERMANY AND MOST EUROPEAN UNION COUNTRIES HAVE RECALLED THEIR AMBASSADORS FROM IRAN. THE GOVERNMENTS ACTED AFTER A GERMAN COURT DETERMINED ON APRIL 10TH THAT IRAN'S HIGHEST STATE LEVELS ORDERED THE SEPTEMBER 1992 MURDERS OF AN EXILED IRANIAN KURDISH LEADER AND THREE ASSOCIATES IN BERLIN. AS THE GERMAN FOREIGN MINISTRY POINTED OUT, "THE PARTICIPATION OF IRANIAN STATE AGENCIES, AS FOUND IN THE COURT VERDICT, REPRESENTS A FLAGRANT VIOLATION OF INTERNATIONAL LAW."

THE GERMAN COURT VERDICT CAME AFTER A THREE-YEAR TRIAL OF AN IRANIAN AND FOUR LEBANESE ACCUSED IN THE KILLINGS OF IRANIAN KURDISH LEADER SADIQ SARAFKINDI AND THREE COLLEAGUES IN BERLIN'S MYKONOS RESTAURANT. THE COURT FOUND IRANIAN KAZEM DARABI AND LEBANESE ABBAS RHAYEL GUILTY OF MURDER AND SENTENCED THEM TO LIFE IN PRISON. TWO OTHER ACCOMPLICES, YOUSSEF AMIN AND MOHAMED ATRIS, RECEIVED SHORTER PRISON TERMS, WHILE A FIFTH DEFENDANT WAS ACQUITTED. A GERMAN ARREST WARRANT FOR IRANIAN INTELLIGENCE MINISTER ALI FALLAHIYAN REMAINS OUTSTANDING. AS PRESIDING JUDGE FRITHJOF KUBSCH SAID, "THE IRANIAN POLITICAL LEADERSHIP IS RESPONSIBLE. IT IS PROVEN THAT THERE WAS AN OFFICIAL LIQUIDATION ORDER."

AS U.S. STATE DEPARTMENT SPOKESMAN NICHOLAS BURNS SAID, THE GERMAN COURT'S VERDICT CORROBORATES AMERICA'S "LONG-HELD VIEW THAT IRAN'S SPONSORSHIP OF TERRORISM IS AUTHORIZED AT SENIOR LEVELS OF THE IRANIAN GOVERNMENT." IN ADDITION TO SPONSORING INTERNATIONAL TERRORISM, THE IRANIAN GOVERNMENT HAS ATTEMPTED TO UNDERMINE THE MIDDLE EAST PEACE PROCESS AND SOUGHT TO ACQUIRE NUCLEAR, CHEMICAL AND BIOLOGICAL WEAPONS AND THE MISSILES TO DELIVER THEM. FOR THESE REASONS, THE U.S. HAS PROHIBITED VIRTUALLY ALL IRANIAN TRADE BY U.S. COMPANIES.

AS STATE DEPARTMENT SPOKESMAN BURNS STRESSED, IRAN "IS AN OUTLAW STATE. IT MUST BE CONTAINED BY THE INTERNATIONAL COMMUNITY." THE U.S. WILL MAINTAIN ITS OWN SANCTIONS ON IRAN AND STRONGLY ENCOURAGES OTHER COUNTRIES TO DO THE SAME.

ANNCR:

THAT WAS AN EDITORIAL EXPRESSING THE POLICIES OF THE UNITED STATES GOVERNMENT. IF YOU WOULD LIKE TO BE HEARD ON THIS ISSUE, PLEASE WRITE TO EDITORIALS, VOICE OF AMERICA, WASHINGTON, D-C, 20547, U-S-A. YOU MAY ALSO SEND US A FAX AT (202) 619-1043. YOUR COMMENTS MAY BE USED ON THE AIR.
15-Apr-97 1:51 PM EDT (1751 UTC)
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Source: Voice of America

[07] EURO STOCKS (S-ONLY) BY PAUL FRANCUCH (LONDON)

INTRO: IN THE MAJOR WEST EUROPEAN MARKETS TUESDAY, STOCK PRICES RALLIED AND THE DOLLAR HIT A NEW THREE-YEAR HIGH AGAINST THE GERMAN MARK. PAUL FRANCUCH REPORTS THE DAY'S CLOSING FIGURES FROM OUR OFFICES IN LONDON.

TEXT: U-S ECONOMIC DATA WHICH SUGGESTED INFLATION WAS PROBABLY BEING HELD IN CHECK SENT PRICES ON WALL STREET SOARING, AND THAT IN TURN PROMPTED A BUYING SPREE IN EUROPE. THE RECENT STOCK MARKET ROLLER-COASTER TREND SAW FRANKFURT, LONDON, AND PARIS RESUME A STEEP UPWARD RIDE TUESDAY, WITH THE GERMAN "DAX 30" STOCK INDEX GAINING 48 POINTS, THE FRENCH "CAC 40" UP 54-AND-A-HALF, AND THE BRITISH "FINANCIAL TIMES" 100 INDEX ADDING 35 POINTS AT THE END OF TRADING.

THE DOLLAR -- ON A NEW RECENT HIGH AGAINST THE MARK -- WAS UP MORE THAN A CENT IN VALUE, WHILE THE POUND-DOLLAR EXCHANGE REMAINED VIRTUALLY UNCHANGED. BUT GOLD LOST ALMOST FIVE DOLLARS AN OUNCE BY THE CLOSING LONDON FIX, SELLING AT 341-DOLLARS 75-CENTS. (SIGNED)
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15-Apr-97 1:50 PM EDT (1750 UTC)
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Source: Voice of America

[08] IRAN/DIPLOMACY (L-ONLY) BY LAURIE KASSMAN (CAIRO)

INTRO: IRAN CONTINUES TO EXPERIENCE DIPLOMATIC TROUBLES WITH COUNTRIES IT HAS FRIENDLY RELATIONS WITH IN EUROPE AND ELSEWHERE. V-O-A CORESPONDENT LAURIE KASSMAN REPORTS THOSE GOVERNMENTS HAVE STOPPED SHORT OF CUTTING OFF TRADE OR DIPLOMATIC TIES, EVEN AFTER A GERMAN COURT LAST WEEK LINKED IRAN'S LEADERSHIP TO POLITICAL ASSASSINATIONS IN BERLIN FIVE YEARS AGO.

TEXT: MOST EUROPEAN GOVERNMENTS HAVE RECALLED THEIR AMBASSADORS FOR CONSULTATION -- BUT NOT MUCH MORE. IRAN'S SPEAKER OF PARLIAMENT TOLD REPORTERS IN TEHRAN THAT MOST EUROPEAN GOVERNMENTS HAD ALREADY SAID THEY WOULD BE SENDING THEIR AMBASSADORS BACK TO THE IRANIAN CAPITAL.

JAPAN -- ONE OF IRAN'S TOP TRADING PARTNERS -- HAS SUSPENDED EXCHANGE VISITS BY GOVERNMENT OFFICIALS. IRAN HAS THREATENED TO CUT ITS TRADE WITH NEW ZEALAND AND HAS CANCELLED A TRADE MISSION TO GERMANY.

THE ISLAMIST LEADERSHIP OF TURKEY SAYS NOTHING WILL CHANGE SINCE IT CONSIDERS ITS RELATIONSHIP WITH NEIGHBORING IRAN A BIT DIFFERENT FROM THE REST. A FOREIGN MINISTRY SPOKESMAN IN ANKARA SAYS A MULTI-BILLION DOLLAR GAS PIPELINE PROJECT WILL GO AHEAD. TURKEY AND IRAN RECENTLY CALMED THEIR OWN DIPLOMATIC DISPUTES OVER THE PARTICIPATION OF THE IRANIAN AMBASSADOR IN A POLITICAL RALLY IN ANKARA.

RUSSIA SAYS ITS RELATIONS WITH IRAN ARE AS SOLID AS EVER. GREECE DID NOT EVEN RECALL ITS AMBASSADOR FROM TEHRAN AS OTHER EUROPEAN UNION MEMBERS DID.

DESPITE CLASHES BETWEEN PROTESTERS AND POLICE IN FRONT OF THE GERMAN EMBASSY IN TEHRAN MONDAY, IRANIAN OFFICIALS SAY FOREIGNERS SHOULD NOT FEAR FOR THEIR SAFETY.

WASHINGTON HAS LONG ADVOCATED SANCTIONS TO DIPLOMATICALLY AND ECONOMICALLY ISOLATE IRAN, WHICH IT LISTS AS THE NUMBER-ONE TERRORIST-SPONSORING NATION. THE CLINTON ADMINISTRATION HAS CRITICIZED EUROPEAN STATES FOR MAINTAINING WHAT THEY CALL A CRITICAL DIALOGUE WITH TEHRAN.

[09] N-Y ECON WRAP (S & L) BY BRECK ARDERY (NEW YORK)

INTRO: STOCK PRICES IN THE UNITED STATES WERE UP STRONGLY TODAY (TUESDAY) AS FEARS OF HIGHER INTEREST RATES RECEDED. V-O-A CORRESPONDENT BRECK ARDERY REPORTS FROM NEW YORK.

TEXT: THE DOW JONES INDUSTRIAL AVERAGE CLOSED AT 65-HUNDRED-87, UP 135 POINTS -- OR TWO PERCENT. THE BROADER AND MORE REPRESENTATIVE STANDARD AND POOR'S 500 INDEX CLOSED AT 754, UP 11 POINTS.

ANALYSTS SAY TRADERS WERE VERY PLEASED WITH THE LATEST REPORT ON CONSUMER PRICES IN THE UNITED STATES. IT SHOWED PRICES UP A VERY MODEST ONE-TENTH OF ONE PERCENT LAST MONTH. THAT LED SOME ANALYSTS TO SPECULATE THAT, CONTRARY TO RECENT WALL STREET WORRY, THE U-S CENTRAL BANK MAY NOT RAISE INTEREST RATES AGAIN IN MAY.

THE GOVERNMENT REPORTED BUSINESS INVENTORIES INCREASED MODESTLY IN FEBRUARY BUT SALES INCREASED FASTER. ECONOMISTS SAY THAT IS A SIGN OF INCREASED MANUFACTURING ACTIVITY AHEAD.

THE STOCKHOLDERS OF THE BRITISH TELECOMMUNICATIONS COMPANY HAVE OVERWHELMINGLY APPROVED A PLANNED MERGER WITH M-C-I TELECOMMUNICATIONS OF THE UNITED STATES. M-C-I SHAREHOLDERS APPROVED THE DEAL TWO WEEKS AGO.

MORE CORPORATE EARNINGS REPORTS WERE RELEASED AND MOST OF THEM WERE POSITIVE. CATERPILLAR, THE HEAVY EQUIPMENT MAKER, ENJOYED THE HIGHEST QUARTERLY PROFIT IN THE COMPANY'S HISTORY. CHASE MANHATTAN AND CITICORP, THE TWO LARGEST U-S BANKING COMPANIES, BOTH REPORTED SIGNIFICANT GAINS. AND THE STRONG STOCK MARKET HELPED BOOST EARNINGS AT THE MERRILL LYNCH INVESTMENT FIRM.

THE STOCK OF THE AVANTI COMPUTER SOFTWARE COMPANY WENT AGAINST THE TREND OF RISING PRICES. AVANTI STOCK LOST ABOUT HALF ITS VALUE AFTER PROSECUTORS IN CALIFORNIA FILED CRIMINAL CHARGES IN THE ALLEGED THEFT OF TECHNOLOGY. AVANTI STRONGLY DENIED THE ALLEGATIONS.

JAPAN'S TWO LARGEST STOCK MARKETS HAVE ANNOUNCED THEY WILL OFFER OPTION CONTRACTS ON INDIVIDUAL STOCKS FOR THE FIRST TIME THIS JULY. OPTIONS GIVE TRADERS RIGHTS TO BUY OR SELL SPECIFIC STOCKS AT SPECIFIC PRICES WITHIN A CERTAIN TIME PERIOD. THE JAPANESE HAVE BEEN CAUTIOUS ABOUT DERIVATIVE INSTRUMENTS SUCH AS OPTIONS BECAUSE THEY MAY SOMETIMES INCREASE MARKET VOLATILITY. (SIGNED)
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15-Apr-97 4:56 PM EDT (2056 UTC)
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Source: Voice of America

[10] RUSSIA / NATO (L-ONLY) BY ANDRE DE NESNERA (MOSCOW)

INTRO: NATO SECRETARY-GENERAL JAVIER SOLANA HELD ANOTHER ROUND OF TALKS (TUESDAY) WITH RUSSIAN FOREIGN MINISTER EVGENY PRIMAKOV IN MOSCOW. AS V-O-A CORRESPONDENT ANDRE DE NESNERA REPORTS FROM THE RUSSIAN CAPITAL, THE TWO MEN ARE TRYING TO RESOLVE DIFFERENCES OVER A CHARTER WHICH WILL GOVERN RELATIONS BETWEEN THE WESTERN ALLIANCE AND RUSSIA.

TEXT: MR. SOLANA FLEW IN FROM BRUSSELS FOR A BRIEF MEETING WITH RUSSIAN FOREIGN MINISTER PRIMAKOV. THE TWO MEN MET FOR SEVERAL HOURS BEHIND CLOSED DOORS AT A RUSSIAN FOREIGN MINISTRY RESIDENCE IN CENTRAL MOSCOW -- AND FOLLOWING THE CUSTOM OF PREVIOUS SUCH MEETINGS, NO SUBSTANTIVE DETAILS WERE REVEALED TO REPORTERS.

HOWEVER A BRIEF STATEMENT FROM THE RUSSIAN FOREIGN MINISTRY FOLLOWING THE MEETING SAID THE TWO SIDES NARROWED SOME DIFFERENCES -- BUT THE STATEMENT WENT ON TO SAY PROBLEMS STILL REMAIN IN ORDER TO SIGN A "NATO-RUSSIA CHARTER."

FOR SEVERAL WEEKS NOW, MR. SOLANA AND MR. PRIMAKOV HAVE BEEN TRYING TO PUT THE FINISHING TOUCHES ON A SPECIAL CHARTER WHICH WOULD SPELL OUT THE RELATIONSHIP -- AND LIST SPECIFIC AREAS OF COOPERATION BETWEEN MOSCOW AND THE WESTERN ALLIANCE. RUSSIAN OFFICIALS SAY THEY HOPE TO SIGN SUCH A CHARTER BEFORE A JULY NATO SUMMIT, WHICH WILL INVITE SOME FORMER WARSAW PACT COUNTRIES TO JOIN THE ALLIANCE. HOWEVER NATO OFFICIALS APPEAR MORE CAUTIOUS, SAYING SOME TOUGH BARGAINING STILL LIES AHEAD BEFORE A DATE CAN BE SET FOR A FORMAL SIGNING CEREMONY.

MOSCOW CONTINUES TO BE STRONGLY OPPOSED TO NATO'S EASTWARD EXPANSION WHICH IT SEES AS POSING A SECURITY THREAT. IN ORDER TO MINIMIZE THAT PERCEIVED THREAT, RUSSIAN OFFICIALS ARE TRYING TO PLACE LIMITS ON WHAT NATO COULD AND COULD NOT DO MILITARILY ON THE TERRITORIES OF NEW MEMBER STATES. WESTERN OFFICIALS SAY THAT INSISTENCE ON LIMITING WHAT IS KNOWN AS "NATO'S INFRASTRUCTURE" IS THE MAIN OBSTACLE TO AN AGREEMENT ON A RUSSIAN-NATO CHARTER.

THEY ARE MUCH MORE REALISTIC NOW IN KNOWING THAT IT IS GOING TO GO AHEAD, AND ALTHOUGH THEY MAKE IT CLEAR THAT EVEN WITH A NATO-RUSSIAN CHARTER THEY WOULD STILL CONTINUE TO BE AGAINST ENLARGEMENT, NONETHELESS THEY NOW SEE THAT THE BEST POLICY IS NOT TO TRY TO BLOCK ENLARGEMENT, BUT TO TRY TO REACH IN PARALLEL A SPECIAL RELATIONSHIP BETWEEN THEMSELVES AND NATO. //SUB OPT// WE HOPE, OF COURSE, THAT OVER TIME AS THE NATO-RUSSIA RELATIONSHIP DEVELOPS, THE RUSSIANS WILL COME TO SEE THAT ENLARGEMENT IS IN THEIR INTEREST AS MUCH AS IT IS IN OURS -- BY PRODUCING MORE STABILITY IN EUROPE -- AND OVER TIME, GRADUALLY, PROGRESSIVELY, THEIR OPPOSITION TO ENLARGEMENT WILL FADE. //END SUB OPT//

MR. SHEA SAYS NATO IS INVOLVED IN A DELICATE BALANCING ACT -- ON THE ONE HAND TRYING TO ADDRESS RUSSIA'S SECURITY CONCERNS AND ON THE OTHER MAKING SURE NEW MEMBERS OF THE WESTERN ALLIANCE DO NOT BECOME -- IN HIS WORDS -- SECOND CLASS CITIZENS. (SIGNED)
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15-Apr-97 10:43 AM EDT (1443 UTC)
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Source: Voice of America

[11] TUESDAY'S EDITORIALS BY ANDREW N. GUTHRIE (WASHINGTON)

INTRO: THIS IS TAX DAY (THE DEADLINE FOR FILING LAST YEAR'S FEDERAL INCOME TAX) IN AMERICA, APRIL 15TH, AND SEVERAL PAPERS ARE TAKING NOTE OF THE EVENT IN THEIR EDITORIAL COLUMNS.

OTHER TOPICS INCLUDE PRAISE FOR TIGER WOODS, THE FIRST AFRICAN-AMERICAN TO WIN THE MASTERS GOLF TOURNAMENT; SOME REFLECTIONS ON THE FIFTIETH ANNIVERSARY OF THE LATE JACKIE ROBINSON'S ENTRY INTO WHAT ONCE WAS THE ALL-WHITE MAJOR LEAGUES OF BASEBALL; ATTORNEY GENERAL JANET RENO'S DECISION NOT TO ENGAGE A SPECIAL PROSECUTOR TO STUDY CAMPAIGN FINANCING VIOLATIONS; AND THE RELATIONSHIPS OF TRADE AND TERRORISM TO IRAN.

NOW, HERE WITH A CLOSER LOOK IS ______________AND TODAY'S U-S EDITORIAL DIGEST.

TEXT: FIRST TO TAXES AND TONIGHT'S MIDNIGHT FILING DEADLINE FOR PAYMENT OF LAST YEAR'S INCOME TAX. THE ATLANTA CONSTITUTION SAYS THIS IS A "GOOD DAY TO REVIEW TAXES," AND THE PAPER WONDERS HOW THE SYSTEM CAN BE MADE MORE FAIR. NOT, SAYS THE CONSTITUTION, AS HOUSE SPEAKER NEWT GINGRICH SAYS, BY ELIMINATING BOTH THE FEDERAL ESTATE TAX AND THE CAPITAL GAINS TAX THAT WOULD COST THE GOVERNMENT 350-BILLION DOLLARS OVER THE NEXT FIVE YEARS.

VOICE: "THAT'S A HUGE LOSS OF REVENUE, ESPECIALLY AT A TIME WHEN CONGRESS AND PRESIDENT CLINTON BOTH SEEM SERIOUS ABOUT BALANCING THE BUDGET. BUT IN HONOR OF TAX DAY, LET'S ASSUME THAT IT'S POSSIBLE TO CUT REVENUES BY THAT MUCH AND STILL BALANCE THE BOOKS BY TWO-THOUSAND-TWO. THE QUESTION THEN ARISES: IF WE'RE GOING TO CUT TAXES BY 350-BILLION DOLLARS, SHOULD WE ELIMINATE THE CAPITAL-GAINS ....... A TAX ASSESSED ON PROFITS FROM THE SALE OF STOCKS AND PROPERTY ..... AND ESTATE TAXES, OR SHOULD WE USE THE MONEY TO CUT OTHER TAXES? .....ELIMINATING THE ESTATE AND CAPITAL-GAINS TAXES WOULD MAKE TAX DAY NICER FOR THE VERY RICHEST OF AMERICANS....BUT ....CONSIDERABLY WORSE FOR THE OTHER 99 PERCENT."

TEXT: HOWEVER, THE WASHINGTON TIMES SAYS AMERICANS ARE OVERTAXED AND NEED A SIMPLER TAX CODE.

VOICE: "APRIL 15TH [IS] TAX BONDAGE DAY, WHEN AMERICANS ARE COMPELLED TO SEND A SUBSTANTIAL PORTION OF THEIR HARD-EARNED DOLLARS TO WASHINGTON IN THE FORM OF TAXES...AMERICANS MUST WORK THE EQUIVALENT OF 128 DAYS TO PAY OFF THEIR TOTAL TAX BILL, INCLUDING FEDERAL, STATE, SALES AND PROPERTY TAXES...THE NATION'S EFFECTIVE TAX RATE IS 35.2 PERCENT, A SUM THAT IS ASTOUNDING IN ITS OWN RIGHT. A ROPER CENTER POLL TAKEN FOR READER'S DIGEST FOUND THAT RESPONDENTS--NO MATTER THEIR INCOME LEVEL, RACE OR AGE--OVERWHELMINGLY AGREED THAT THE MAXIMUM FAIR TAX BURDEN WAS 25 PERCENT. EVEN THE RICH, THEY SAID, SHOULD NOT PAY MORE. BUT THEY AND LOTS OF NON-RICH PEOPLE PAY, MORE THAN 25 PERCENT...A FLATTER TAX, WHICH WOULD LOWER RATES AND LIMIT LOOPHOLES, WOULD HELP ALLEVIATE THE HORRORS..."

TEXT: IN BALTIMORE, THE SUN LOOKS ON THE DAY SOMEWHAT PHILOSOPHICALLY.

VOICE: "MILLIONS OF AMERICANS WILL COMPLETE THE SPRINGTIME RITUAL OF FILING THEIR INCOME TAX RETURNS TODAY AS A TESTAMENT TO PARTICIPATORY CITIZENSHIP. THERE WILL BE CHISELERS [PEOPLE WHO CHEAT] APLENTY, BUT BY AND LARGE OURS IS A SOCIETY OF HONEST TAXPAYERS THAT IS UNLIKE ANY OTHER. IT IS A TRADITION NOT TO BE TRIFLED WITH BY VINDICTIVE BUREAUCRATS, PANACEAN POLITICIANS OR THOSE WHO HAVE A PERSONAL STAKE IN A SYSTEM THAT IS COMPLICATED AND MANIPULATIVE BEYOND BELIEF. [OPT] YES, SOME AMERICANS MAY BE MAD AS HELL TODAY BUT, AS PATRIOTS, THEY WILL PAY UP DESPITE RAMPANT UNFAIRNESS. LET THOSE IN CHARGE NOT PUSH THEIR PATIENCE TO THE BREAKING POINT." [END OPT]

TEXT: MANY PAPERS HAVE AN EDITORIAL COMMENT ON SUNDAY'S GOLFING VICTORY BY YOUNG ELDRICK "TIGER" WOODS, WHO AT 21 YEARS OF AGE, WON THE PRESTIGOUS MASTERS TOURNAMENT AND ITS SYMBOLIC GREEN JACKET. HE SET NUMEROUS RECORDS. HE IS THE FIRST AFRICAN-AMERICAN TO WIN THIS MOST PRESTIGIOUS OF ALL TOURNAMENTS, AND BY FAR, THE YOUNGEST. MANY PAPERS ARE LINKING THE VICTORY TO THIS WEEK'S 50TH ANNIVERSARY OF THE FIRST GAME OF JACKIE ROBINSON, THE FIRST AFRICAN-AMERICAN TO PLAY MAJOR LEAGUE BASEBALL. SAYS THE LOS ANGELES TIMES:

VOICE: "THE GROUNDBREAKER, THE PIONEER, SOMEONE IN EVERY ENDEAVOR FORCES OPEN A DOOR FOR OTHERS TO FOLLOW, AND THE SUCCESSORS KNOW IN THEIR BONES THAT IF IT WEREN'T FOR THAT FIRST ACHIEVEMENT, THEIRS, HOWEVER GREATER, WOULD NOT HAVE BEEN POSSIBLE. NOW, IN THE COURSE OF A WEEK, WE CELEBRATE TWO HISTORIC RACIAL BREAKTHROUGHS, IN THE SPORTS OF BASEBALL AND GOLF. TIGER WOODS, WHO ASTOUNDED THE GOLF WORLD BY BREAKING THE COURSE RECORD AT THE MASTERS AT AUGUSTA, ACKNOWLEDGED THE BLACK PIONEERS, TELLING REPORTERS THAT THE CAREERS OF LEE ELDER, CHARLIE SIFFORD AND TED RHODES PAVED THE WAY FOR YOUNG AFRICAN AMERICAN PLAYERS LIKE HIMSELF. ..... IN BASEBALL, THE DOOR WAS KICKED OPEN BY JACKIE ROBINSON .... [WHO] LIKE [MR.] WOODS, [WAS] A SOUTHERN CALIFORNIAN. THE NATIONAL PASTIME HAD REJECTED GENERATIONS OF OUTSTANDING BLACK BALLPLAYERS. THEY WERE RELEGATED TO THE OLD NEGRO LEAGUES. ..... THE EXAMPLES OF ROBINSON AND WOODS SHOULD INSPIRE ..... US..."

[BEGIN OPT]

TEXT: IN FLORIDA, THE MIAMI HERALD, PUTS IT THIS WAY.

VOICE: "TODAY, AS AMERICA CELEBRATES THE 50TH ANNIVERSARY OF JACKIE ROBINSON'S BREAKING THE COLOR BARRIER IN MAJOR-LEAGUE BASEBALL, HE SHARES THE STAGE WITH TIGER WOODS, WHOSE DIGNITY AND COMPOSURE ALSO CROSS AN INVISIBLE DIVIDE. .....BUT MR. WOODS, LIKE MR. ROBINSON, STANDS OUT FROM PEERS AND COLLEAGUES BECAUSE HE COMBINES INTELLIGENCE, COURAGE, AND DIGNITY. "

TEXT: MANY PAPERS ARE CRITICAL OF ATTORNEY GENERAL JANET RENO FOR ONCE AGAIN DECIDING NOT TO CALL FOR A SPECIAL PROSECUTOR TO INVESTIGATE THE ALLEGATIONS OF CAMPAIGN FUNDING VIOLATIONS IN LAST YEAR'S PRESIDENTIAL ELECTIONS. THE LOS ANGELES TIMES OPPOSES HER DECISION AND HEADLINES ITS LEAD EDITORIAL: "JUST HOW MUCH SLEAZE [WRONG DOING] DOES IT TAKE THESE DAYS?

VOICE: "TACITLY OR EXPLICITLY, WHITE HOUSE AIDES AND THEIR FRIENDS AT THE DEMOCRATIC NATIONAL COMMITTEE HAVE ACKNOWLEDGED SO MUCH SLEAZY BEHAVIOR IN THEIR 1996 ELECTION CAMPAIGN FUND-RAISING JUGGERNAUT THAT IT'S HARD TO BELIEVE THAT NO LAWS WERE BROKEN. BUT ATTORNEY GENERAL .... RENO .... DECLARED MONDAY THAT THERE IS NO COMPULSION UNDER THE LAW TO SEEK APPOINTMENT OF A SPECIAL COUNSEL TO INVESTIGATE THE WHITE HOUSE'S FUND-RAISING FRENZY LAST YEAR. ..... THE REALITY IS, HOWEVER, THAT THIS IS NOT JUST A LEGAL ISSUE BUT A POLITICAL ONE. [MS.] RENO'S DECISION WILL BE INTERPRETED BY CLINTON FOES AS ONE TAKEN AT THE BEHEST OF THE WHITE HOUSE IN ORDER TO CONTAIN THE SCANDAL. IN FACT, THE ADMINISTRATION WOULD BE BETTER OFF HAVING A SPECIAL COUNSEL, WHO COULD BRING INDEPENDENCE AND CREDIBILITY TO THE INVESTIGATING ARENA."

[BEGIN OPT]

TEXT: THE BOSTON GLOBE IS EVEN MORE CRITICAL OF THE DECISION.

VOICE: "THE QUESTIONABLE LEGALITY OF ACTIONS BY PRESIDENT CLINTON AND VICE PRESIDENT GORE ARE REASON ENOUGH FOR A SPECIAL COUNSEL. IN ADDITION, [MS.] RENO HERSELF COULD BE A PERIPHERAL TARGET OF AN INVESTIGATION INTO THE SOLICITING OF ILLEGAL CAMPAIGN FUNDS FROM FOREIGN DONORS. HER FAILURE TO INFORM THE WHITE HOUSE ABOUT FBI REPORTS OF A CHINESE GOVERNMENT PLAN TO FUNNEL MONEY IN PRESIDENT CLINTON'S CAMPAIGN CERTAINLY LOOKS SUSPICIOUS."

TEXT: OVERSEAS, THE LOS ANGELES TIMES COMMENTS ON THE RECENT GERMAN CRIMINAL COURT DECISION, IN WHICH TWO MEN WERE CONVICTED OF THE GANGLAND-STYLE MURDER OF FOUR IRANIAN KURDISH DISSIDENTS AT A BERLIN RESTAURANT. MOST IMPORTANTLY, THE COURT ALSO FOUND THE KILLERS ACTED ON ORDERS OF IRAN'S TOP POLITICAL LEADERSHIP. SAYS THE TIMES:

VOICE: "IN PROTEST, GERMANY IMMEDIATELY RECALLED ITS AMBASSADOR FROM IRAN - - A STEP THAT STOPS SHORT OF A BREAK IN DIPLOMATIC RELATIONS - - AND ALL MEMBERS OF THE EUROPEAN UNION EXCEPT GREECE FOLLOWED SUIT .... WHETHER THE CONFRONTATION WILL PROCEED BEYOND THESE SYMBOLIC GESTURES IS UNCLEAR, BUT FOR NOW THAT SEEMS IMPROBABLE. ..... YET CLEARLY SOMETHING MORE THAN A SYMBOLIC WRIST SLAP IS REQUIRED IF LAW-ABIDING NATIONS ARE TO MAINTAIN THEIR CREDIBILITY. [OPT] IRAN'S GOVERNMENT STANDS ACCUSED OF DIRECTING POLITICAL MURDERS ON GERMAN SOIL. [END OPT] IF SOME SIGNIFICANT RETRIBUTION IS NOT EXACTED, TEHRAN WILL ONLY CONCLUDE THAT IT CAN GET AWAY WITH MURDER. THE UGLY TRUTH IS [,] IT WILL BE RIGHT."

TEXT: IN THE WASHINGTON POST, THERE IS MORE CONDEMNATION OF THE INFORMATION THAT CAME OUT IN THE BERLIN TRIAL, AND OF FURTHER IRANIAN LINKS TO THE KHOBAR TOWERS BOMBING IN SAUDIA ARABIA THAT KILLED 19 AMERICANS.

VOICE: "..... AMERICAN EFFORTS TO ENLIST THE EUROPEANS IN ISOLATING IRAN HAVE GOTTEN A BOOST. A GERMAN COURT CONVICTED THREE IRANIANS FOR THE MURDER OF THREE KURDISH DISSIDENTS IN BERLIN AFTER FINDING THE KILLINGS HAD BEEN ORDERED BY AN IRANIAN BODY INCLUDING THE COUNTRY'S PRESIDENT AND ITS PARAMOUNT SPIRITUAL LEADER. FACED WITH THESE FACTS FROM ONE OF THEIR OWN, THE EUROPEANS HAD NO CHOICE BUT TO TERMINATE THE 'CRITICAL DIALOGUE' BY WHICH THEY HAD SPUN THE TRADE-PROTECTING ILLUSION OF IRANIAN MODERATION, AND TO EXPEL IRANIAN AMBASSADORS. NOW, IF RELUCTANTLY, THEY ARE TO CONSIDER TARGETING OTHER ITEMS OF IRANIAN TRAVEL AND COMMERCE. THESE DELIBERATIONS WILL GO ON UNDER THE SHADOW OF A FRESH REPORT LINKING A SENIOR IRANIAN OFFICIAL TO THE ...... BOMBING IN SAUDI ARABIA LAST JUNE THAT TOOK 19 AMERICAN LIVES. A FINDING THAT IRAN WAS AS DIRECTLY RESPONSIBLE FOR THE KHOBAR TOWERS BOMBING AS THE BERLIN COURT FOUND IT WAS IN THE ....RESTAURANT BOMBING [OF THE KURDS] WOULD HAVE IMPLICATIONS EXTENDING BEYOND TRADE.. THESE INCLUDE POSSIBLE AMERICAN MILITARY REPRISAL."

TEXT: LASTLY, THE NEW YORK TIMES IS STILL ANALYZING THE SIGNIFICANCE OF THE LATEST ELECTIONS IN EL SALVADOR.

VOICE: "THE MOST EXTRAORDINARY THING ABOUT EL SALVADOR'S ELECTIONS LAST MONTH WAS NOT THEIR RESULTS, WHICH WERE STARTLING, BUT HOW ROUTINELY THEY PROCEEDED. ONE OF THE PARTIES OF FORMER LEFT-WING GUERRILLAS, KNOWN AS THE F-M-L-N , DOUBLED ITS PARLIAMENTARY SEATS AND WON MANY IMPORTANT MAYORALTIES. THE RIGHT-WING ARENA PARTY, WHICH NOW HAS ONLY A ONE-VOTE MARGIN IN PARLIAMENT, RESPECTED THE RESULTS. THE ARMY STAYED IN ITS BARRACKS. ..... THE PEACE PROCESS HAS STRENGTHENED THOSE ON BOTH SIDES WHO WANT TO WORK TOGETHER. NEW HABITS ARE FORMING."

TEXT: WITH THAT WE CONCLUDE THIS BRIEF SAMPLING OF EDITORIAL COMMENT FROM TODAY'S U-S PRESS.
NEB/ANG/NL
15-Apr-97 11:00 AM EDT (1500 UTC)
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Source: Voice of America

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