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Voice of America, 99-11-01

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

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


CONTENTS

  • [01] EDITORIAL: POLITICAL VIOLENCE IN ARMENIA
  • [02] MONDAY'S EDITORIALS BY JON TKACH (WASHINGTON)
  • [03] N-Y ECON WRAP (S & L) BY ELAINE JOHANSON (NEW YORK)

  • [01] EDITORIAL: POLITICAL VIOLENCE IN ARMENIA

    DATE=11/2/1999
    TYPE=EDITORIAL
    NUMBER=0-08514
    CONTENT=

    THIS IS THE THIRD OF THREE EDITORIALS BEING RELEASED FOR BROADCAST 11/2/99. 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: Political violence recently struck at the rule of law in Armenia. Gunmen seized control of the Armenian parliament on October 27th. Eight people were killed, including Prime Minister Vazgen Sarksyan [vahs-GIN sarks-ee-AHN], Speaker of the parliament Karen Demirchian [kah-RIN dem- ur-chee-AHN], Deputy Speaker Youri Bakshian [yuhr- ee bahk-shee-AHN], and government minister Leonard Petrosian [leh-uh-NARD pet-roh-see-AHN]. Fifty others were wounded in the attack. Millions of stunned Armenians watched on television as their country's leaders and top lawmakers were murdered or held hostage for eighteen hours. The terrorists are now in the hands of Armenian authorities. Since achieving its independence in 1991 from the Soviet Union, Armenia has suffered comparatively little of the political violence that has ravaged other newly independent states. In April 1998, U.S. embassy guards safely disarmed a hand grenade outside the residence of the U.S. ambassador. The perpetrators have not been identified. Last December, Deputy Minister of Defense Vahram Khokhoruni [VAH rahm HOHK-hoh-roon-ee] was shot to death outside his apartment in Yerevan [yer-ah- VAHN]. The investigation into that shooting continues. President Bill Clinton said that the murder of Prime Minister Sarksyan and other Armenian leaders was "a real blow to that country and to that region." He stressed that "the United States has built strong ties with Armenia, focused on helping the Armenian people build a prosperous, secure and democratic future." The struggle to establish Armenian democracy, after decades of totalitarian rule, has been difficult. And many Armenians believe that much more has to be done. But only through democratic institutions can the Armenian people achieve the freedom, security, and prosperity to which they are entitled. No nation or people is entirely safe from the threat of terrorism and political violence. But democracies around the world have consistently proven stronger than the enemies of democracy ever imagined. Armenia's democracy should be no different. Anncr: That was an editorial expressing the policies of the United States Government. If you have a comment, please write to Editorials, V-O-A, Washington, D-C, 20547, U-S-A. You may also comment at www-dot-voa-dot-gov-slash-editorials, or fax us at (202) 619-1043. 01-Nov-1999 15:04 PM EDT (01-Nov-1999 2004 UTC)
    NNNN
    Source: Voice of America


    [02] MONDAY'S EDITORIALS BY JON TKACH (WASHINGTON)

    DATE=11/1/1999
    TYPE=EDITORIAL DIGEST
    NUMBER=6-11540
    EDITOR=ASSIGNMENTS
    TELEPHONE=619-2702
    CONTENT=

    INTRO: China's continued crack down on members of the Falun Gong sect is among a wide range of topics discussed in U-S editorial pages this Monday. Other topics include the crash of an EgyptAir jet off the eastern U-S coast and the rise of the far right in Europe. Now, here is ______________ with a closer look, including some excerpts, in today's Editorial Digest.

    TEXT: U-S editorial pages continue to condemn China's efforts to stamp out Falun Gong. Following last week's massive demonstrations across China by members of the group, The Christian Science Monitor praised, what it called, the group's courage. The paper also says the group poses Beijing's leaders their biggest opposition yet - though it says the crackdown will solve nothing. The paper writes:

    VOICE: A loosely organized movement of millions of Chinese, Falun Gong, has no political agenda other than to protect itself. Yet the more it is suppressed, the stronger its faithful express their beliefs through peaceful public witness.

    TEXT: In Baltimore, the Sun newspaper says Falun Gong poses no real danger to the regime. Instead, the paper says, Chinese leaders have chosen to attack the group to distract attention from China's other, more substantial, troubles.

    VOICE: Real problems confront China. Getting into the World Trade Organization is one. Dealing with millions of unemployed in the cities is another. Staying connected to the growth of national sentiment on Taiwan is still a third. Nothing undermines confidence in the regime of Ziang Jemin more than its choice of the problem to seize by the throat (choice of the problem that it attacks). Moving to the west, a New York Times editorial explores the surges of, what it calls, far-right fringe parties in Europe. Last month, the Swiss People's Party and Austria's Freedom Party made huge gains in elections.

    VOICE: These parties feature incoherent economic policy, a rejection of European integration and ugly attacks on foreigners. Mr. Blocher (the leader of the Swiss party) once lauded a book containing denials that the Holocaust took place - he has since said he did not read it first - and Mr. Haider (the Austrian leader) has praised SS veterans and Hitler's employment policies.

    TEXT: While the paper says the gains by these men and their parties do not mean that the specter of Nazism is now haunting Europe, it does say the trend is worrisome nonetheless because it comes when the countries' economies are in good shape.

    VOICE: It is unclear how much influence Mr. Blocher and Mr. Haider will actually have. Switzerland in particular has a political system built to resist shocks. But these parties and others on the far right have already influenced many European nations, through their effect on more traditional parties. The mainstream Christian Democrats in Switzerland and Germany have moved to the right on issues like immigration, in part out of fear of losing votes to the extremists. This in turn has affected the national climate. The far right victories in Switzerland and Austria could intensify the seepage of their views into the mainstream.

    TEXT: But the paper concludes by saying that something good could come out of the victories.

    VOICE: They could also have a healthy effect if they spur traditional parties to try harder to persuade voters that nationalism and isolation can only lead to decline.

    TEXT: Leading its editorial pages, the national daily, U-S-A Today, mourns the loss of 217 lives in the crash of an EgyptAir flight early Sunday morning. The paper says the crash "leaves behind as many questions as mourners." The editorial says there can be no easy answers, but that the crash can serve as a measure of how well airlines and officials have responded to problems exposed by the similar crash of T-W-A flight 800 in 1996 also off the eastern U-S coast. The paper notes that just last week a U-S agency, the National Transportation Safety Board, accused airplane maker Boeing, whose planes were involved in both crashes, of failing to act on safety flaws. The agency says it pointed out problems with the fuel tanks of Boeing planes 16 years before the T-W-A crash. U-S investigators believe a fuel tank explosion brought down the T-W-A flight. USA Today criticizes both government regulators and Boeing for overlooking the problems.

    VOICE: Rules for follow-through clearly will need tightening regardless of the cause of this crash. Such behavior merits severe penalties - both for those who leave fliers vulnerable and for regulators who fail to bring them in line.

    TEXT: But, on what it calls a personal level, the paper says there have been signs of improvement.

    VOICE: After the T-W-A crash, livid family members reported that airline officials delayed confirming the deaths of their loved ones for 12 hours. By contrast, the families of 185 passengers on flight 990 (the Egypt Air plane) had been notified by four P-M Sunday (the afternoon of the crash). Flight 990 could become a measure of federal and industry officials' new-found sensitivity.

    TEXT: On that note, we conclude this sampling of commentary from the pages of Monday's U-S editorial columns.
    NEB/JON/KL 01-Nov-1999 13:49 PM EDT (01-Nov-1999 1849 UTC)
    NNNN
    Source: Voice of America


    [03] N-Y ECON WRAP (S & L) BY ELAINE JOHANSON (NEW YORK)

    DATE=11/1/1999
    TYPE=CORRESPONDENT REPORT
    NUMBER=2-255713
    CONTENT=
    VOICED AT:

    INTRO: Stock prices were mostly down today (Monday) following last week's rally, in what analysts agreed was an uninspired trading session. V-O-A correspondent Elaine Johanson reports from New York:

    TEXT: The Dow Jones Industrial Average lost 81 points, less than one percent, closing at 10-thousand- 648. The Standard and Poor's 500 index fell eight points to 13-hundred-54. The Nasdaq index gained a mere point - but enough to set a new record high. Analysts say the stock market was due for a bit of profit-taking in the wake of the huge rally last Thursday and Friday.

    /// BEGIN OPT ///

    Market-watcher James MaGuire says investors are still confident and will continue showing an interest in buying:

    /// MAGUIRE ACT ///

    This is definitely just a pause. We're digesting some of the gains that we had last week and last week's buying frenzy. And, of course, when we saw last week's numbers - the benign inflation report, strong growth - that just prompted investors to want to get back on board.

    /// END ACT ///

    /// END OPT ///

    Monday saw the debut of software giant Microsoft and chip-maker Intel in the Dow Jones Industrial Average. U-S home repair retailer Home Depot and S-B-C Communications - a top U-S local phone company - also joined the Industrials. The move was made to reflect better the companies that have driven the U-S stock market and the U-S economy in recent years.

    /// REST OPT ///

    Shares of Boeing Aircraft tumbled, partly in response to the crash of that EgyptAir Boeing 7-6-7 passenger plane off the coast of the United States early Sunday. A-T and T, the number one U-S long-distance telephone company, is forming a new Latin American unit. It says it will merge Netstream, the local Brazilian phone company that A-T and T is buying, with FirstCom a telecommunications company with operations in Peru, Chile, and Colombia. A-T and T will own 60- percent of stock in the new company, which will be named A-T and T Latin America. The new company expects to invest 500-million dollars over the next five years and intends to apply to join the Nasdaq stock market. In trans-Atlantic financial dealings -- Allianz, Germany's biggest insurer, is buying about 70 percent of Pimco, the U-S based fund manager. The combination of Allianz and Pimco would be the world's sixth largest asset manager. The deal is expected to be completed next March. Investors received a mixed message on the U-S economy Monday. A new report shows manufacturing in the United States cooled in October, but manufacturers paid more for raw materials - showing some inflationary pressure at the producer level. (Signed) NEB/EJ/LSF/TVM/GM 01-Nov-1999 17:13 PM EDT (01-Nov-1999 2213 UTC)
    NNNN
    Source: Voice of America
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