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HELMUT KOHL has a bone to pick with BORIS YELTSIN. As the largest contributor of economic aid so far to the troubled republics, Germany is just a tad ticked off by U.S. intelligence reports that the old Soviet Union continues to briskly manufacture nuclear weapons. Among them are SS-18s, SS- 25s and SS-24s traditionally aimed at Western Europe. How come? Maybe no one remembered to tell the factories to stop. Whatever the explanation, Chancellor Kohl intends to do something about it. While he will continue providing emergency rations to the republics this winter, Germany may halt financing...
...leading cause of preventable death in America, and a major contributor to our competitively crippling health care costs, is smoking. The tobacco companies claim they don't want kids to start smoking, that they spend $3 billion a year advertising in the U.S. merely to get people to switch brands. Fine. Let's give them antitrust exemption to agree among themselves: no more advertising or promotion of any kind. Market shares would be frozen where they are, and the companies would have an extra $3 billion a year in profits. How can they complain about that? Smoking should obviously...
...member of the business staff, Drew Oliver is not a "frequent contributor...
Connections to B.C.C.I. are proving to be politically sticky. Last week the Bush Administration denied any knowledge of a business relationship between Charles Hostler, the U.S. envoy to Bahrain, and B.C.C.I. An NBC News report had linked Hostler, a major G.O.P contributor, to a Connecticut real estate development controlled by reputed B.C.C.I. front man Mohammed Hammoud. Hostler says he became involved in the Connecticut project because of friendship with Hammoud and did not profit from it, and denies ties to B.C.C.I. Hammoud's connections, however, seem clear. Internal B.C.C.I. documents examined by TIME show that the bank planned to move...
...same meeting during which he agreed to plead Keating's case. Cranston insisted that what he had done for Keating was not unusual for a Senator. How many lawmakers, he demanded, "could rise and declare you've never, ever helped -- or agreed to help -- a contributor?" To which Republican Warren Rudman snapped, "Everybody doesn't do it." Perhaps not. But the leniency extended to Cranston suggests that those who do will go scot-free...