Week of October 1-4, 1994
New trade agreement - The U.S. and Japan reach trade breakthroughs in four
key areas and the agreements will crack open the lucrative Japanese market for
four major U.S. industries and generate billions of dollars in new exports.
Nelson Mandela addressed the General Assembly for the fist time as president of
South Africa and pledges to wipe out racism in his divided country.
U.S. forces in Haiti take steps to stop looting and began searching for illegal
weapons. Earlier - a mass demonstration celebrating the end of three years of
brutal military rule here, disintegrated into despair and despair as seven were
killed.
Consumer spending rose.9% in August - more rapidly than it did in six months.
“Princess In Love” by Anna Pasternak -
purports to reveal a long intimate love affair
between an army officer and the Princess of
Wales - Princess Diana. He was James Hewitt
- now a retired captain in the elite Life Guards
of the Royal Household Cavalry.
Agriculture Secretary Mike Espy resigns -
hoping to spare the Clinton Administration the
embarrassment of an independent counsel’s
investigation of allegations that he abused the
perquisites of office and improperly accepted
sports tickets and trips from businesses.
Striking auto workers who said they were
forced to build too many cars with too few
people vote overwhelmingly to end their
walkout in exchange for a General Motors
promise to hire new workers.
In an eleventh hour settlement offer in the Paul
Corbin Jones sexual harassment case,
President Clinton concedes that he may have met the woman in a hotel room
and said he regretted “untrue assertions made about her.
Top Forbes List of Richest Americans -
William Gates - $9.35 billion
Warren Buffet - 9.20
John Kluge - 5.90
