Week of July 1-4, 1997
China reclaims Hong Kong ending 156 years of colonial rule - as President Jiang
Zemin welcomes 6.3 million compatriots to the motherland. Earlier in the day,
4,000 troops of the People’s Liberation Army moved into Hong Kong, taking over
garrisons abandoned by departing British forces.
President Clinton denies “adamantly” that he had propositioned Paul Jones in a
Little Rock hotel room six years ago. It was his first formal answer to sexual
harassment charges by her.
The June unemployment rate is up to 5% in June from 4.8% in May.
The space shuttle Columbia’s astronauts took time out from their high-flying
laboratory work to wish fellow Americans - both in orbit and on earth - a happy
Independence Day.
Lockheed says it will acquire Northrop in a $11.6 billion defense deal. And, the
government gives the nod to the Boeing-McDonnell merger.
Two women with multiple sclerosis were found dead in Detroit-area motels and
Dr. Jack Kevorkian’s lawyer all but confirmed that the assisted-suicide advocate
was involved in both deaths.
President Clinton said federal officials will work to keep the internet free of taxes
and red tape so the network can foster economic growth worldwide.
Passing -
Actor James Stewart
. He
was 89 and died at his home in Beverly
Hills.
Passing - Actor Robert Mitchum. He
was 79.
Russian President Boris N. Yeltsin
rewards his 37-year-old daughter,
Tatyana Dyachenko with an official job
as presidential image-maker.
Weekly radio address - President
Clinton urges reforming the way
campaigns are financed. “The way we
pay for elections is broken. When it
comes to fixing our campaign-finance
system, let’s make this summer a time
