Word: klaus
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Perhaps the greenest of nations is Germany, where commercial banks will grant low-interest loans for pro-environment projects and hotels urge guests to forgo daily towel changes to save water and energy. Environment Minister Klaus Topfer has ordered the phaseout of cfcs by next year -- two years earlier than most other countries -- and called for a 25% to 30% reduction in carbon dioxide emissions by 2010. The government is investing heavily, having spent $90 million since 1974 on development of recyclable, high-efficiency batteries for electric cars and planning annual outlays of $182 million on solar-wind- and wave...
...coalition. The leadership of Genscher's Free Democrats, who are junior members of the three-party coalition, announced that Housing Minister Irmgard Schwaetzer would take over as Foreign Minister. Instead of rubber-stamping the appointment, a caucus of Free Democrats in the parliament rejected Schwaetzer and designated Justice Minister Klaus Kinkel. Members of the Christian Social Union, Kohl's other coalition partner, were so miffed at not being consulted about Genscher's replacement that they demanded a full Cabinet shuffle to restore confidence in the government...
...News and Newsweek magazine have reported that Dershowitz--who has defended such high-profile clients as Klaus von Bulow and LeonaHelmsley--intends to represent Tyson in an appealof the conviction...
...Klaus has so far rejected them. His current goal is faster privatization. A novel feature of the program is the public sale of $37 voucher booklets containing l,000 investment points redeemable for the stock of state-owned companies. Seven million citizens have invested in the booklets, the bulk of them since late December, when a company called Harvard Capital & Consulting promised a 10-fold increase within a year to citizens who would deposit the booklets with HC&C and let it choose which firms to buy into. The promotion spawned hundreds of imitators and boosted sales, but the privatization...
...Klaus' Civic Democratic Party is favored to win parliamentary elections this June, enabling him to continue the free-market drive. But the pain of transition has been felt most deeply in Slovakia, which is highly dependent on state-owned heavy industry. That has intensified Slovak demands for more autonomy or even independence. The government might be able to continue shock treatment only at the price of splitting the country...