The 1998 "Asian Economic Crisis":
-
U.S. pledges $5 billion to help Asian
economies ; Seattle Times,
Monday, November 16, 1998
by Martin Crutsinger (AP)
KUALA LUMPUR, Malaysia - The United States and
Japan announced proposals today to pump an additional
$10 billion into troubled Asian economies to help lift the region
out of its worst economic crisis in decades.
The package of new proposals would include $5
billion in new support offered by the United States, and the
creation of a $5 billion joint initiative supported by the United
States, Japan, the World Bank and the Asian Development Bank.
-
Further cuts in 747 production likely
Seattle Times, Wednesday, October 21, 1998;
by Jeff Cole and Stephen Dunphy
Boeing is preparing to chop its rate of 747
production by at least 30 percent beyond cutbacks already announced, as
delays in jetliner deliveries to Asia continue to increase,
company officials say.
-
Trade deficit at all-time high
Seattle Times, Tuesday, October 20, 1998, by Martin Crutsinger
The Associated Press
WASHINGTON - The U.S. trade deficit surged to a
record $16.8 billion in August as the Asian economic crisis
pushed exports down for a fifth straight month. Overseas sales of
American farm products hit their lowest point in more than four years.
-
U.S. families starting to feel economic
slide; Seattle Times,
Sunday, October 11, 1998; by Craig Gordon, Drew Fetherston and Susan
Harrigan, [Newsday]
"When the most serious threat to the world economy
since World War II really got its start on July 2, 1997, most
Americans barely even noticed.... Thailand [...] decided it could
no longer afford to protect the value of its money. Within six months the
devalued currency had lost half its purchasing power.
[...] The crisis that once seemed so distant - even as
it tore through Thailand's neighbors, then Japan and then Russia
- has landed on U.S. shores with a roar, jerking Wall Street back
to earth and threatening to end one of the longest economic
expansions in U.S. history.... the United
States has no better than a 50-50 chance of avoiding a
recession in the next two years."
-
Apple growers taking huge financial
hit ; Seatlle Times, Sunday,
October 11, 1998, by Lynda V. Mapes
"Even as Washington's apple production booms, the market for
those apples is shrinking. The economic crisis in
Asia and trade woes with Mexico have put exports at a five-year
low. An estimated 14 million boxes of Washington apples
will lack buyers this year."
-
Conference on the Asian Crisis (December 1998 in Seattle)
May 7/8, 1998: Corporate Turbulence [in Seattle & elsewhere]
-
States expected to file antitrust suits against Microsoft
"WASHINGTON (May 8, 1998 9:20 p.m. EDT http://www.nando.net) -- About a
dozen states are considering filing an antitrust lawsuit against Microsoft
separate from the Justice Department, state officials said
Friday..."
-
U.S. drafts case vs. Microsoft
Seattle Times, Thursday, May 7, 1998; by James V. Grimaldi
"WASHINGTON - The U.S. Justice Department is
putting the finishing touches on a broad antitrust lawsuit, to be
filed as early as next week, aimed at Microsoft's business practices
surrounding Windows 98 and its handling of a competitor's software
programming language."
-
Daimler-Benz will acquire Chrysler
Seattle Times, Thursday, May 7, 1998;
by John Hughes and Eric R. Quinones
DETROIT - German industrial giant
Daimler-Benz, the maker of
Mercedes-Benz luxury cars,
has agreed to acquire Chrysler for more than
$38
billion in stock in a deal that weds two
companies
whose image and corporate
cultures are vastly different.
-
Shake-up begins at Boeing; head of Renton
factory reassigned ; Seattle Times,
Thursday, May 7, 1998. by Stanley Holmes and Jake Batsell
"In the end, the decision to reassign the head
of Boeing's beleaguered Renton factory was an obvious one. He was in
charge of fixing a problem, and it hasn't been fixed.
Boeing's new 737 program, known as the Next
Generation, is still not on firm footing..."
December 1997:
Agreement on global warming reached
in Kyoto ; Seattle Times,
Thursday, Dec. 11, 1997
by H. Josef Hebert
KYOTO, Japan - The United States and other
industrialized countries ended 11 days of
contentious haggling at a global-warming
conference today by agreeing on a historic pact to control the
Earth's "greenhouse" gas emissions.
But the pact, approved by delegates from more
than
150 nations, immediately was denounced by
Republican critics in Congress, who predicted it
would never be ratified by the U.S. Senate.
September / October 1997: El Niņo
August 19, 1997:
Layoffs may follow UPS settlement
by Eun-Kyung Kim
WASHINGTON - Fleets of familiar brown
delivery trucks may be
chugging in a few days after UPS and the
Teamsters union announced
agreement today to end a 15-day strike that
crippled the nation's
largest package carrier.
(Other UPS strike stories)
July 25, 1997: BOEING-McDonnell Douglas Merger - continued
-
The 'new' Boeing to change its
identification with a new logo,
Seattle Times, Friday, July 25, 1997
by Polly Lane
"The "new" Boeing, which will be formed
after
today's shareholders
vote simultaneously at the Seattle company
and McDonnell Douglas in
St. Louis, will have a different logo after a
dozen years of identification
with the simple block-lettered italic BOEING
in bright blue."
-
Europe gives Boeing a tentative OK to
merge with McDonnell Douglas
Seattle Times, July 23, 1997,
by James V. Grimaldi,
WASHINGTON - The European Commission
gave tentative approval today to Boeing's $15 billion
acquisition of McDonnell Douglas after the Seattle aerospace giant
made an 11th-hour concession that helped avert a potential
trans-Atlantic trade war."
-
Boeing fired up for '97
Company's first priority is to clear antitrust hurdle (Seattle
Times, Jan. 12, 1997)
by Polly Lane
"Even before Boeing's surprise
announcement last month that it would
acquire rival McDonnell Douglas for $13.3
billion, 1997 was looking to be a prosperous year for the
Seattle-based aircraft giant...."
-
Deal for McDonnell Douglas makes Boeing the Goliath of the air
$13.3 billion purchase is reshaping the industry (Dec. 16, 1996,
Seattle Times)
- Other Boeing Pages
July 1997: Canadian - U.S. Salmon Wars - continued
-
B.C. premier predicts fish talks will
fail, Seattle Times,
Friday, July 25, 1997, by Ross Anderson
"British Columbia Premier Glen Clark,
frequently at odds with
Canadian federal authorities, called the
naming of federal envoys to
end the salmon war "laudable, but
insufficient," and predicted it will fail
to resolve the issues....
...The U.S. and Canada agreed to appoint the special envoys on
Wednesday after a fleet of renegade
fishermen prevented the Alaskan
ferry Malaspina from leaving Prince
Rupert for three days..."
-
What's behind the battle over a salmon
treaty?
Seattle Times,
Thursday, May 29, 1997, by Eric Pryne and Jim Simon
"Some facts about the U.S.-Canadian
salmon-treaty dispute: ..."
-
The Pacific Salmon Treaty [(Canadian) Department of Foreign Affairs
and International Trade]
Pathfinder Touchdown on Mars
July 4, 1997: Seattle Times, Saturday, July 5, 1997
"Touchdown! Pathfinder reaches Mars,"
Stadium measure is passing (June 17, 1997)
IRIN Emergency Update No.175 on the Great Lakes
"Ousted Zairean president Mobutu Sese Seko fled his jungle palace at
Gbadolite on Sunday and flew to the Togolese capital
Lome. But Togolese television announced that Mobutu left just hours
afterwards "for a new destination, probably Morocco." (May 19, 1997)
Committee controlled by China rolls back Hong Kong civil rights
Seattle Times, Feb. 2, 1997
by Keith B. Richburg.
HONG KONG -- A caucus of top Chinese officials and their handpicked
Hong
Kong advisers, meeting behind closed doors in Beijing, gave final approval
yesterday to plans for scaling back some civil-liberty laws and
protections in Hong Kong after China takes charge in five months.
Follow the 1996 Belgrad Protests online
and visit
http://eurasianews.com/erc/serbopp1.htm
Mariners put up for sale
Owners blame County Council members for discussing ballpark delay.
(Dec. 15, 1996, Seattle Times)
Hutu
Refugee Crisis at the Eastern Border of Zaire and Rwanda Border
("Great Lakes Crisis", November 1996, Continuous Updates)
James Mirrlees and William Vickrey, Nobel Prize Winners for Economics
1996 (October 8, 1996)
Hurricane
Fran (September 5, 1996) ||
Yahoo on Fran || National Hurricane
Center
CNN
for Sept.3, 1996 (Iraq: "Full Story");
Some Related Sites:
Seattle Times, August 26, 1996, p.A1 ||
Paul Allen's Football and Stadium
Pages;
Seahawk sale to Paul Allen fraught with tough choices
The cover page of Paul Allen's Seahawks Web site features a
photograph of the Carolina Panthers' posh outdoor
stadium, which is not only the crown jewel of the National Football
League but the polar opposite of the utilitarian
Kingdome.
BOEING TO ACQUIRE ROCKWELL
AEROSPACE AND DEFENSE UNITS ("Boeing Significantly Enhances Position
as Global Competitor in Key Defense and Aerospace Markets"; August 1,
1996)
Olympic Games, Atlanta [ATT
Site] (July/Aug. 1996)
Condolences to Victims of Flight 800 (July '96)
Free Speech Court Decision (June '96)