-Caveat Lector-

from:
http://www.aci.net/kalliste/#todnews
Click Here: <A HREF="http://www.aci.net/kalliste/#todnews">The Home Page of
J. Orlin Grabbe</A>
-----
Chechnya


Russia Ultimatum: Get Out of Grozny or Die


Now, hmm, which ones are the terrorists?

MOSCOW - Russian planes dropped leaflets over Grozny, the ruined capital of
Chechnya, on Monday that delivered a stark ultimatum to civilians: they must
leave by Saturday or face increased jet and artillery strikes.

Leaflets also warned defenders of the town to give up or die, and officials
said new armaments would be employed to batter the city, including bombs
designed to crush buildings from the air.
The warnings support the growing perception that Russian generals urgently
want to retake the city from which they were expelled three years ago at the
end of Chechnya's independence war. They appear intent on creating an urban
free-fire zone in which anything that moves will be considered a legitimate
military target.

[President Bill Clinton said Monday that Russia would ''pay a heavy price''
for its assault on Chechnya, suggesting the offensive would deepen
anti-Russian feeling in the region and erode Russia's standing abroad,
Reuters reported from Washington.

[''Russia will pay a heavy price for those actions, with each passing day
sinking more deeply into a morass that will intensify extremism and diminish
its own standing in the world,'' Mr. Clinton said in a White House speech on
human rights. His comments were his strongest to date condemning the
offensive.]

The expressed aim of the conflict is to free Chechnya of ''terrorists'' and
restore Russian rule. Prime Minister Vladimir Putin of Russia has elevated
the war to a battle for the very existence of Russia. Over the weekend, he
responded to Western criticism of the campaign's brutality by saying Moscow
could not be expected to build friendly relations with foreign countries ''at
the price of breaking up our state.''

The timing for the new offensive contains deep political significance for Mr.
Putin. Russian parliamentary elections are scheduled for Dec. 19. The outcome
is regarded as a bellwether for next year's presidential vote. Mr. Putin has
staked his presidential candidacy on the war's outcome, and so far his
popularity has soared.

Russian officials described the ultimatums as the start of a new combat
phase. Rebels will be wiped out or expelled from urban areas and forced into
the mountainous south, where they will be pursued by jets and artillery. The
Russian advance toward Grozny has been stalled in recent weeks because of
Russian caution and stiff resistance by guerrillas in two towns that flank
the city: Urus-Martan to the southwest and Argun just to the east.

''For the sake of avoiding victims within the peaceful population, we ask you
to leave Grozny before December 1, using all possible ways,'' said the
leaflet addressed to Grozny residents.
The defenders were simply told to give up. ''For those who have not yet lost
their senses. You are surrounded. All roads to Grozny are blocked. You lost.

''Those staying in the city will be regarded as terrorists and bandits. They
will be destroyed by artillery and air force. There will be no more talks.
Everyone who fails to leave the city will be destroyed. It's up to you to
choose. The countdown is already on.''

The leaflet directed at civilians advised them to leave by way of a safe
northwest passage through the town of Pervomorskaya. It was not clear that
the corridor was open Monday.

Up to 20,000 civilians remain in the city, the Russians say. Chechen
officials put the number at 40,000. The Russians say about five thousand
guerrillas are defending the city. They were advised to sling their rifles
over their shoulder, barrel down, remove the magazine and hold a white flag
over their heads. ''It is obvious that Russian authorities want to declare
Grozny a civilian-free area, so they begin to use much more powerful bombs,''
Paul Felgenhauer, a defense analyst, wrote in The Moscow Times.

''The goal is to destroy the large gangs positioned in Grozny, rather than
just seize the city,'' said a spokesman for the North Caucasus Command in
charge of the war. Still, the Russians intend to avert close combat, declared
General Valeri Manilov, deputy army chief of staff. ''No frontal assault on
the city is planned.''

Despite the reference to talks in the ultimatums, no negotiations have taken
place between the government of president Boris Yeltsin and the Chechen
leader, Aslan Maskhadov.
International Herald Tribune, December 7, 1999


High Finance


Nurse Admits Setting Safra Fire


Ex-Green Beret did it; not the Russian mafia.

A MALE nurse has admitted starting the blaze that killed the billionaire
banker Edmond Safra and a female member of his staff.

Ted Maher, 41, an American veteran of the Green Berets special forces unit,
was recruited five months ago to help look after Mr Safra. Last night he was
in a Monaco jail on charges of arson, causing death. The Monaco prosecutor,
Daniel Serdet, said Maher had started the fire and then stabbed himself to
make him appear heroic in the eyes of his employer and to highlight his poor
working conditions.

Maher had earlier told police that two armed intruders broke into Mr Safra's
penthouse in Monaco early on Friday and set it ablaze. He claimed to have
been stabbed in the stomach and thigh before being knocked unconscious as he
struggled to protect Mr Safra.

But yesterday it emerged that Maher had set fire to a wastepaper bin and
raised the alarm as part of a feud with a woman called Sonia who led the team
of nurses that looked after Mr Safra. The financier suffered from Parkinson's
disease. His confession ended rumours that Mr Safra, 67, a
Lebanese-Brazilian, had been the victim of a Russian Mafia gang.

French detectives' suspicions were aroused by Maher's manner. They described
him as "nervous and given to mood swings". Maher was placed under police
guard in the Princess Grace Hospital where he had been taken for treatment.
After being interrogated three times he finally admitted his story was false.

M Serdet said: "He admitted to having set fire to a wastepaper bin to set off
an alarm and then to have gone downstairs to raise the alert." He had
expressed no regret for the deaths of Mr Safra and his female nurse.

* The $9.85 billion (6 billion pounds) takeover of US bank Republic New York,
in which Edmond Safra was a 29pc shareholder, by HSBC received its final
regulatory clearance yesterday when it was given the go-ahead by the US
Federal Reserve.

London Telegraph, December 7, 1999


Social Mood


Hong Kong Fears State of US Stock Market


Buys up euros.

Hong Kong, one of the world's largest holders of foreign exchange, has become
a buyer of euros for its reserves despite the currency's slide in foreign
exchange markets.

Joseph Yam, head of the territory's monetary authority, said the euro's
weighting in the reserves would rise to 15 per cent from 10 per cent because
of worries about the US balance of payments deficit and stretched equity
values on Wall Street.

"I'm afraid more and more people are focusing on the vulnerability of the US
market and will start moving out," Mr Yam said in an interview with the
Financial Times.

The disclosure came as the euro, which last week dipped below parity with the
US dollar, staged a rally of more than two cents on Monday to close in Europe
at $1.023. Traders who had sold the currency were forced to buy it back to
cover their positions after an unexpectedly strong 3.2 per cent
month-on-month rise in German manufacturing orders in October.

Economists said there might be more encouraging figures from Europe today when
 Germany releases unemployment data for November and gross domestic product
for the third quarter. Hong Kong's move contrasts with previous reluctance by
central banks to hold the euro in their reserves.

Mr Yam said some of the HKMA's reservations had eased. "I'm less concerned
about the liquidity of the euro market than I was at the beginning of the
year." He was also unperturbed by Germany's rescue of the Holzmann
construction group, which was seen as too interventionist by some dealers.

Financial markets will closely watch today's opening session of a congress of
Germany's ruling Social Democrats to see if Chancellor Gerhard Schr�der comes
under more pressure from the party's left wing to pursue less market-oriented
policies.

"I don't think there's any change in the underlying policies of the EU," Mr
Yam said. Hong Kong's shift would simply restore the weighting of the euro in
the reserves to neutral.

It would only affect the portion equivalent to some $30bn of reserves which
the authority manages directly, implying total purchases of around $1.5bn of
euros. Outside investment advisers, who manage a further $30bn in reserves on
a discretionary basis for Hong Kong, remained underweight in euros, while
Hong Kong also has to set aside an additional portion of its total $90bn in
reserves in dollars as backing for its currency.

Mr Yam said Asia was looking at ways of monetary collaboration that would
help protect smaller open economies like that of Hong Kong from unwanted
currency flows. But the prospect of monetary union was a "political
non-starter".

Instead, one way of dealing with the problem would be to denominate more
financial market transactions, such as trading of mainland Chinese shares in
Hong Kong, in US dollars or other currencies, he suggested.

This would shield smaller currencies but it would also require more
investment in market infrastructure such as settlement systems. Mr Yam added
that the Asian economic crisis had convinced him there was "no alternative"
to Hong Kong's currency peg. "If anything it has strengthened our resolve."
The Financial Times, December 7, 1999
-----
Aloha, He'Ping,
Om, Shalom, Salaam.
Em Hotep, Peace Be,
Omnia Bona Bonis,
All My Relations.
Adieu, Adios, Aloha.
Amen.
Roads End

DECLARATION & DISCLAIMER
==========
CTRL is a discussion and informational exchange list. Proselyzting propagandic
screeds are not allowed. Substance�not soapboxing!  These are sordid matters
and 'conspiracy theory', with its many half-truths, misdirections and outright
frauds is used politically  by different groups with major and minor effects
spread throughout the spectrum of time and thought. That being said, CTRL
gives no endorsement to the validity of posts, and always suggests to readers;
be wary of what you read. CTRL gives no credeence to Holocaust denial and
nazi's need not apply.

Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
http://home.ease.lsoft.com/archives/CTRL.html

http:[EMAIL PROTECTED]/
========================================================================
To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]

To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
SIGNOFF CTRL [to:] [EMAIL PROTECTED]

Om

Reply via email to