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About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (Sept. 1, 1998)
IBER 1, 1998 Yeltsin candidate rejected Russian parliament deadlocked against president MOSCOW (AP) - Despite doomsday warnings that Russia faces collapse, angry lawmakers Monday emphatically rejected Boris Yeltsin’s candidate for prime minister, blocking formation of a government to try to pull the coun try out of its economic and political tailspin. The lopsided vote against con firming Viktor Chernomyrdin for a second try as prime minister deep ened a dangerous ,deadlock between the president and parlia ment and left Russia in chaos on the eve of President Clinton’s sched uled arrival on Tuesday for a sum mit. Russia has been without a gov ernment since Aug. 23, when Yeltsin fired Prime Minister Sergei Kiriyenko in the midst of an eco nomic crisis that has crippled the ruble and stocks, threatened to bring down the country’s banking and financial systems and sent an earthquake through world markets. There was no sign of panic in Moscow or other Russian cities Monday. The ruble rate continued to improve modestly in street trad ing, although official trading was suspended for a fourth day. Before the vote, Chernomyrdin pleaded with lawmakers to approve forming a government to tackle the crisis. “Russia is on the verge of polit ical and economic collapse,” he said. “We can only come out of the crisis by uniting our efforts.” Unless Yeltsin or the Duma backs down, Russia could face par liamentary elections late this year in order to break the stalemate and form a new government to settle the turmoil. Some Communist leaders said they were not afraid of government threats to dissolve the legislature because they are confident of win ning the elections that would fol low - a view analysts don’t neces sarily share. Britons gather a year after Diana's death ■ Outside palace, public i Jfidi YueqmaoTSiZiJU'trSa; l^ves flavras, portraits and stuffed Uhimals as they did in the days after her death. LONDON (AP) - With thou sands of flowers, heartfelt notes and hymns in London’s great cathe drals, Britons marked the first anniversary of Princess Diana’s death Monday. Her sons and the - royaLfamily.prayed together, away ^^^armgfbfackties as a symbol of their mourning, Prince William, 16, and Prince Harry, 13, entered the tiny stone church near Balmoral CasUe in Scotland flanked by their father, Prince Charles, Queen Elizabeth II and other royal rela tives. ' William hung his head and was mostly shielded from the cameras. Harry showed no expression. In London, outside the palace where Diana lived, and in Paris, near the mouth of the traffic tunnel where she died in a car crash, crowds gathered to pay their respects or merely to view the spec tacle. Many left behind flowers, stuffed animals and lovingly ren dered portraits of the princess, just a^thdydifl-thdugh ihVaSffy fefrgef numb ers >*an ther days after h er death. “It’s the thing to do,” said Maureen Poole of London, clutch ing a bunch of carnations at Kensington Palace. “To just come when she dies and to never come again, especially this first year, would seem empty.” “Every year, Aug. 31st, we will always remember,” read one scrawled placard nestled in a pile of bouquets at the palace. At Diana's ancestral home in Althorp, 75 miles north of London, her brother, Earl Spencer, and her sisters, Lady Sarah McCorquodale and Lady Jane Fellowes, planned a service overlooking her burial site on an island in an ornamental lake. In deference to Diana, the queen ordered the national flag, the Union lack, to be flowil at half- , staff Monday on government build ings and royal residences. She issued a statement Sunday thanking people “for their mes sages and kind gestures of sympa thy at this sad time and for sharing their remembrance of the Princess of Wales.” for waterlogged China j ■ Fflottsandsof evacuees : have been living in tents since die floods began. JIANLI, China (AP) - For the 2,000 people living in tents on a soggy field oh the outskirts of this city in central China, Monday’s new crest on the nearby Yangtze River means the end of China’s summer floods was still not in sight The floods that have devastated the Yangtze basin, China's northeast and Tibet are not expected to recede i “for weeks. The government esti mates more than 3,000 people have died and 5 million houses have been destroyed in the worst floods in decades. Medical teams working in open air clinics under umbrellas dis pensed medicines and bandaged wounds. They reported treating eye infections, diarrhea and colds, but nothing more serious. Farmers living in refugee camps have some cooking pots and bedding - not much else. Dong Huisong, a farmer at the camp with his extended family of seven, said most of the places in the village were under about 20 feet of water. “Our biggest worry is what will we do when we have to rebuild our homes,” he said. “We’ll have to rely on the government for food, but they ; may not have enough money to help us with housing.” In Hunan province, also in cen tral China, more than 1 million peo ple have been evacuated, and about half of them are living in tents, the China Daily repealed. Erin Gibson Ond Lorenz Bryce Glenn Bad Davis Kasey Kerber Cliff Hicks SamMcKewon Bret Schulte Diane Broderick Matt Miller MattHaaey Gregg Steams Jeff Ksndall Quaadona? Oowwantt? Ask for ths appropriate sscdon sdHor at (402) 472-2588 or t-<nal dntuniinfo.unl.6du. General Manager: DanShattil PnhHrittena Board Jessica Hofmann, rfcaftrwnaiaa; (402)466-8404 PrnfrMlialAdTtwr. Den Walton, (402)473-7301 i Adrerdriag Manager: Nick Paitsch, (402)472-2589 AmL Ad Manager: Andrea Oehjen Chndfleld Ad Manager: Mami Speck Fax number (402) 472-1761 World Wide Web: www.unLedu/DafyNeb The Daty Nebraskan (USPS144080) is pubfished by the UNLPubficalions Board, Nebraska Union 34,1400 R Si, Lincoln, NE 68588-0448, Monday through Friday duming the academic yean weekly during the summer sessions.Thepubfic has access to toe Pubfications Board. Readers are encouraged to submil stay ideas and comments to the Daly Nebraskan by caing (402)472-2588. Subscriptions are $55 tor one year. Postmaster Send address changes to toe Daly Nebraskan, Nebraska Union 34,1400 RSI, Lincoln NE 68588-0448. Periocfical postage paid at Ljncoln, NE. ALL MATERIAL COPYWGHT IflOe THE DALY NEBRASKAN Dow plunges 512 points in 2nd-largest drop ever ■ The biggest daily percentage drop since October was recorded, and Dow stands below 8,000. NEW YORK (AP) - The Dow Jones Industrials plummeted a near record 512 points Monday, tumbling below 8,000 for the first time in seven months and more than wiping out all of this year’s gaiiis. \{ \ The Dow Jones industrial aver age, which rose 43 pufnts in the opening minutes of trading, fin-, ished with a loss of 512.61 at 7,539.07. Trading was extremely heavy, with volume surging above 900 million shares in a last-minute selling spree. It was the second-largest point drop ever, closely trailing the record 524.26 points of Oct. 27, 1997. Monday’s loss was 6.4 percent, the biggest daily percentage drop since last October. In the sharp selloff that gained momentum in the final hour, the Dow gave up the last of this year’s gains. It ended 1997 at 7,908.25. The last time the Dow closed below 8,000 was Jan. 30. The last time it was this low was Nov. 13,1997. Broader indicators also plunged, and the Nasdaq composite index lost a record 140 points, or 8.6 per cent, as traders scrambled out of once high-flying technology shares. In last week’s global stock mar ket rout, the Dow plunged 481.97 points, or by 5.6 percent, its biggest percentage drop for a calendar week since 1989. At July’s peak, when the Dow was at 9,337.97, it had been up 18.1 percent. The drop of 19.3 percent from the July record is the biggest retreat since a 21.2 percent Slide triggered by the Persian Gulf.crisis According ^preliminary calcu lations, the Dow fell 512.61 to 7,539.07. Doubts about Russia’s economic and political stability kept pressure on financial markets around the world. Russia’s parliament on Monday overwhelmingly rejected the appointment of Viktor Chernomyrdin as prime minister. Share prices fell in Europe, undercut by Wall Street’s sharp morning retreat. Major stock index es fell sharply earlier in Hong Kong and Singapore, but Japan posted a modest gain after dropping to a 12 year Jow Friday. Markets in London, the largest in Europe, were closed for a holiday. North Korea launches its first ballistic missile US. worries about area weapon use WASHINGTON (AP) - North Korea’s launch of a long-range bal listic missile over Japan and into the Pacific Ocean - its first use of such a two-stage weapon - is a dangerous development for the volatile region’s security, U.S. officials said Monday. Secretary of State Madeleine Albright expressed concern. The missile test “is something that we will be raising with North Koreans” in talks in New York, she said during a visit to Sarajevo, the Bosnian cap ital. At the State Department, spokesman Lee McClenny called the launch “a matter of deep concern to the United States because of its potentially destabilizing impact in Northeast Asia and beyond.” The missile, dubbed Taepo Dong 1, has a range of about 940 miles and is capable of reaching all of SouthKorea and Japan.'It appears to be the first time NqrthKqrea has fired a weaponcapabfeof reaching any point in Japan. f U.S. intelligence "analysts believe North Korea has enough plutonium to create at least one nuclear weapon, along with a wide variety of chemical agents and limit ed biological weapons. 1KA instructs splinter group to disband BELFAST, Northern Ireland (AP) - Hie Irish Republican Army has called on a splinter group of dissidents responsible for die dead liest attack in the three-decade Northern Ireland conflict to dis band quickly. In a lengthy statement distrib uted to journalists today, the IRA called on the so-called Real IRA to disperse “sooner rather than later.” “This grouping have done only disservice to the republican cause,” the IRA said in a statement. “They have no coherent political strategy. They are not a credible alternative to the Irish Republican Army.” The dissidents claimed respon sibility for an Aug. 15 car bomb in the town of Omagh that killed 28 civilians and wounded 330. They also announced they were suspend ing operations, one step below the formal cease-fire being observed i by the outlawed IRA since July 1997. The founders of the die-hard faction had resigned from die IRA’s ruling executive in October after being outvoted in a secret meeting in Ireland’s remote northwest, the statement said. “Their views on future strategy and direction were rejected by the vast majority of those delegates,” the statement said. The dissidents opposed the cease-fire -which permitted the IRA-allied Sinn Fein to enter the Northern Ireland peace talks -on grounds that it would never achieve the IRA’s goal of abolishing Northern Ireland as a Protestant majority state. The Belfast agreement reached in April envisioned a new govern ment for Northern Ireland, which would still remain firmly linked ■' ' . • ~ L ’ y u They have no coherent political strategy. They are not a credible alternative to the Irish Republican Army.” IRA . j on ‘Real IRA’ splinter group with Britain. The agreement also committed the IRA to disarming by mid-2000. . v. ^"Wj r I y
