Word: rapid
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Over Republican protests, President Clinton plans to inject $60 million from the Pentagon budget into a European rapid-reaction force to protect U.N. peacekeepers in Bosnia. House Speaker Newt Gingrich and Senate Majority Leader Bob Dole, who oppose U.S. spending on the U.N. effort, immediately sent the White House a letter accusing Clinton of circumventing the will of Congress. (The GOP leaders also balked at Clinton's intention to pay an additional $35 million for ancillary costs.) White House spokesman Mike McCurry saidthe President used his executive authority because the move had little chance of congressional approval; without the support...
While Greenspan has been surprised by how hard his soft landing is turning out to be, he and his supporters at the Fed are convinced the slump is a temporary "inventory correction'' -- a pause while businesses draw down inventories they overbuilt during the rapid growth of the past two years. "We're not as surprised as some outsiders to see some weak numbers,'' insists Fed governor Janet Yellen, a Clinton appointee. "These are actually consistent with the [soft landing] scenario...
...Halifax, Canada, for an economics summit, Chirac claimed that the rapid-reaction force would "have a serious and effective military capability" to come to the aid of Blue Helmet contingents in trouble. That sounded like a threat to both the Bosnian Serbs and the Bosnian government, but it was immediately undermined by the declarations made by peacekeeping officials on the ground in Bosnia. The senior U.N. representative, Yasushi Akashi, announced that the new force will operate under the same rules that have applied in the past and thus will undertake no actions without the consent of the Bosnian Serbs...
...summit of G-7 leaders in Nova Scotia, the U.S. squabbled with France and Britain over funding the Rapid Reaction Force that those two countries and the Netherlands are deploying this week in Bosnia. An embarrassed President Clinton admitted to his counterparts that while he believes the U.S. "should pay a share" of the deployment costs, the Republican Congress would prevent the White House from paying the amount required by the U.N. assessment schedule...
...merely in similar forms of dress, or similar drinks, or in the constant buzz of the same commercial music all around the world or even in international advertising. It lies in something deeper: thanks to the modern idea of constant progress, with its inherent expansionism, and to the rapid evolution of science that comes directly from it, our planet has, for the first time in the long history of the human race, been covered in the space of a very few decades by a single civilization--one that is essentially technological...