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27th of June 1999 News
Novice, kot so bile prikazane na prvi strani New York Timesa na 27. junij 1999
Live, in Belgrade, the Milosevic News
Date: 27 June 1999
By Blaine Harden
Blaine Harden
State-controlled television that Slobodan Milosevic has used so masterfullly for last decade is now portraying a tranquil Kosovo, promoting Serbian defeat as victory and focusing on reconstruction, leaving millions of Serbs in ignorance or confused denial; but as pace of misleading information accelerates, there are indications that credibility of Milosevic's programming is beginning to slide, particularly as it becomes more difficult for government to hide both its lack of money and the flood of refugees who have fled north from Kosovo; photo (Belgrade Journal) (M)
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Move to Block SK Telecom's New Shares
Date: 28 June 1999
By Bloomberg News
Bloomberg News
Tiger Management LLC, third-largest shareholder of the SK Telecom Co, asks South Korean court to block company's plan to sell $1.1 billion in new shares, intensifying its conflict with the firm's parent, SK Group; Tiger Management, operated by fund manager Julian H Robertson, charges SK Telecom, in which it has 6.6 percent stake, did not properly disclose its plan to sell new shares to shareholders; SK says it will use funds to upgrade and expand its network, but critics suspect it will use money to raise its holding and protect itself from hostile takeover bid (S)
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Big Deal for Dell Due With Boeing
Date: 28 June 1999
By Bloomberg News
Bloomberg News
Dell Computer Corp, biggest direct seller of personal computers, plans to announce three-year agreement to supply PC's to the Boeing Co worldwide; contract, one of Dell's biggest corporate agreements, calls for company to supply as many PC's as Boeing needs at set price (S)
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Credit Lyonnais Shares to Be Sold Tuesday
Date: 28 June 1999
By Bloomberg News
Bloomberg News
Credit Lyonnais SA, which has slipped from being one of Europe's largest banks to 25th place in six years, will return to the hands of private investors this week as state agency that assumed contol of bank begins selling shares intended to attract strong demand; sale is expected to value bank at $8.6 billion (S)
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NEWS SUMMARY
Date: 28 June 1999
INTERNATIONAL A3-10 Allies Revising Assessment Of Damage to Serb Forces In the two weeks since NATO forces arrived in Kosovo, alliance officials have had to scale back their initial estimates of the damage inflicted by the 78-day air campaign on the Yugoslav Army, which they concede remains a force capable of maintaining President Slobodan Milosevic's hold on power. A1 German forces in Prizren said they would impose a curfew at night to cut down on lawlessness, which continues throughout Kosovo in the form of slayings, arson and looting. A8
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NEWS SUMMARY
Date: 27 June 1999
INTERNATIONAL 3-10 Beijing Loosens Grip On Publishing Trade A growing stream of books and magazines has been bubbling up in China, and many experts see the publications as possible harbingers of greater official freedom. 1 China Reverses Hong Kong Law China overturned a landmark Hong Kong court ruling that granted residency to all children born in mainland China who have at least one parent living in Hong Kong. The decision marks Beijing's most overt intervention in Hong Kong's affairs since it reverted to Chinese rule in 1997. 9
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Council Aide Is Charged In Attack With Sword
Date: 28 June 1999
New York City Council aide Angel Lopez is charged with assault for slashing his brother, Jeffrey Micable, with sword in Bronxdale home (S)
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Man Charged as Robber Of Novelty Shops
Date: 28 June 1999
Joseph Begley is arrested and charged with carrying out string of robberies at novelty shops and antique stores in Manhattan, each time clad in a pinstripe suit and pink suede shoes (S)
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Jersey City Fire Creates A Spectacle From Afar
Date: 27 June 1999
Huge, smoky fire in Jersey City, NJ, breaks out in vacant wax factory, and is visible for miles around; there are no reported injuries, and cause of blaze is under investigation (S)
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Boy, 5, is Killed in Fall From 5th-Floor Window
Date: 28 June 1999
Hassan Ahmed Cordell Northern, 5-year-old boy, falls five stories to his death in Newark, NJ; police say that boy's mother, Diane Northern, who had left him and his three siblings while she went for the mail, is expected to be charged with child endangerment (S)
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