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Comments on the controversy surrounding the political and financial affairs of U.S. House Speaker Jim Wright. Speculations over the political relationship developed by the Democrat Congressman with Fort Worth, Texas-based developer George Mallick; Investigations on the personal finances of other members of the House of Representative.

Analyzes issues that will be discussed by United States President George Bush and Soviet President Mikhail S. Gorbachev at their summit meeting aboard US and Soviet warships in the Mediterranean in December 1989. Focus on how the US can help Soviet perestroika succeed; Issues on American economic assistance; Issues related to Soviet involvement in Eastern European affairs.

Reports on the social programs proposed by Minority leader Newt Gingrich and his colleagues in the Conservative Opportunity Society. Welfare and retirement programs; Housing programs; Social and labor problems; Proposed programs for education and health care; Other ideas proposed by the conservatives.

Reports that U.S. Department of Housing and Urban Development head Jack Kemp is using the scandals under his predecessor Samuel Pierce to launch a wave of free-market housing initiatives. Plan to eliminate hospital and nursing home construction subsidies; Coninsurance fraud; Political favoritism.

Discusses the unprecedented turmoil among African-American politicians and its impact on African-American politics in the U.S. in 1989. Factors behind the emergence of race relations as a key issue in American politics; Analysis of pertinent topics and relevant issues; Implications for American politics and society. INSET: Four who share the spotlight (David Dinkins, William Gray....

The article reports on the candidates of the 1988 elections. George Bush and Michael Dukakis started their presidential campaign on Labor day as it kicked off. In a "Business Week" poll, results showed that Bush is leading with 50 percent compared to the 44 percent of Dukakis. Bush promises a kinder and gentler national while Dukakis is working on giving economic nationalism a new prominence. INSET: MEET THE MASTERS OF MUD IN A DOWN-AND-DIRTY CAMPAIGN.

The article discusses the impact of senator John Kerry on the success of the Democratic Party to obtain majority positions in the U.S. Senate. Kerry, who won the chairmanship of the Democratic Senatorial Campaign Committee, has shown optimism that Democrats will reign during the 1988 senatorial elections. According to Patrick Griffin, a former Democratic Senate aide, Kerry is a smart and aggressive man who has a crop of candidates to work with.

The article reports on the plan of the Democratic political party in the U.S. to stage a preconvention for the election of a political leader to represent their party in the 1988 presidential elections. Many political figures were nominated to lead the party presidency including the close fight between Massachusetts governor Michael S. Dukakis and civil rights leader Jesse Jackson where both had their own style of getting votes from fellow partymates.

The article reports on the battle among Democratic candidates who want to win the nomination for presidential election in the U.S. Senator Albert Gore Jr. captured five states which is surprising for someone who skipped Iowa and New Hampshire. Meanwhile, Jesse Jackson also won five which shows that he had broadened his appeal beyond the African-American vote. It is noted that Massachusetts Governor Michael S. Dukakis became the first Democrat to win convincingly outside his home region.

The article highlights the lifted hope of U.S. Democrats in the 1988 Presidential campaign brought about by the sagging economy and several unforeseen obstacles for Republicans candidates U.S. Vice-President George Bush and Senate Minority Leader Bob Dole. It also looks into the Democrats' discovery of a campaign strategy called old-fashioned populism. Meanwhile, the inability of Bush to shake off about the Iran-contra affair has sent his credibility plummeting.

The article discusses the political career of California's first-term Republican senator Pete Wilson of the United States government. Wilson was elected in 1982 when he defeated Governor Jerry Brown. He was sitting in position were no senator has been re-elected, The "jinx" position was the biggest challenge of his political career. He must win over it to maintain the position as legislator of the U.S. government.

The article reports on the actions of the U.S. federal government to remedy the economic situation in the nation after the October 1987 stock market crash. President Ronald Reagan and congressional leaders are studying ways to reduce the budget deficit. The Federal Reserve Board has been injecting about $5.3 billion to the banking system to provide liquidity. However, these actions are not enough.

The article examines whether U.S. presidential candidate Bob Dole can form an economic vision to strengthen his bid for presidency against President Bill Clinton. He has enlisted an eclectic crowd of top economists, including former Council of Economic Advisors member John B. Taylor and former Federal Reserve Governor Wayne D. Angell to help. Dole may just be desperate enough to adopt the supply-side line. Dole will rely on the kindness of Republican governors and party honchos to fund his travel and advertising until he gets more federal funds right after the August 12 to 15, 1996 Republican Convention.

Analyzes the confrontation between Bridgestone/Firestone Inc. management and United Rubber Workers. Reasons behind the strike; Announcement of the company that it has hired permanent replacement workers; Criticism of Bridgestone's January hiring of 2,300 permanent replacement workers by U.S. President Bill Clinton in order to score points with organized labor; Impact of the strike on the profit of the company; Criticism of the company's refusal to accept the pattern contract agreed to at Goodyear Tire and Rubber Co., by Labor Secretary, Robert Reich; Laws regulating companies to limit employers' ability to replace strikers for good. INSET: ANATOMY OF AN INTERNATIONAL INCIDENT.

Discusses the findings of the `Business Week' poll on top business executives' view of President Bill Clinton's handling of the economy. Lack of faith in Clinton's ability to lead; Health-care debacle; Impressive gains for business in Washington, D.C.; Long-term interest rates; Budget; Trade expansion; Corporate America's partnership with Clinton; Influence of probusiness centrists.

Speculates on the ability of President Bill Clinton to regain global economic credibility. Setbacks in trade talks with Japan; Response to the falling dollar; Clinton's claim that currency traders are misjudging his performance; Divisions in the Clinton Administration between those who favor forceful intervention and those who blame the strong yen for the country's economic problems.

Focuses on talks between President Clinton and Japanese Prime Minister Morihiro Hosokawa over the United States access to Japanese markets. Concessions offered by Japan; Goals of the U.S. Administration; Japanese violation of 1989 agreement; Issuing of Super 301 sanctions; Greatest peril for Japan; Consequences of sanctions on American companies.

Discusses the pros and cons to the American economy of the North American Free Trade Agreement (NAFTA). Creation of export-related jobs via the opening up of the Mexican economy to American-made goods; Reduction in the number of illegal Mexican immigrants; Implication of a rejection in President Bill Clinton's ability to negotiate deals with other countries; Migration of American corporations to Mexico; Decline in union membership.

Looks at President-elect Bill Clinton's first round of economic appointments. Likely candidates; Economic agenda; Likely choices of Senate Finance Committee Chairman Lloyd Bentsen as Treasury Secretary and House Budget Committee Chairman Leon E.Panetta as head of the Office of Management & Budget. INSET: Team players? Economic advisers vying for Clinton's ear.;The....

Reports that due to battling indecision and a Soviet crisis that underscores U.S. President George Bush's command of foreign policy, most Democrats are shunning the political campaign trail for the comforts of home. Senator who took the political campaign in New Hampshire; Campaign style of former Massachusetts Senator Paul Tsongas; Discussion on the U.S. foreign policy. INSET: Wannabe and might wannabes..

Presents information related to the relations between the U.S. and Soviet Union. Focus on the good relations between the U.S. and Soviet Union, that would give rise to a New Economic Order; Comments on the Group of Seven gathering that ended on a high note; Information on the most significant arms-control pact in 20 years; Analysis of the agreements made by the two superpowers.

Focuses on the reasons of the U.S. President George Bush tapping Alan Greenspan for a second four-year term as Federal Reserve Board (Fed) chairman. Problems caused by Greenspan; Attitude of the central banker as a factor responsible for Greenspan's mistakes during his first term; Credit for the recovery which got under way before the 1992 election; Argument by Greenspan that recession began in October 1990, months after Iraqi Presidents Saddam Hussein invasion of Kuwait; Suggestion that Fed may have to decide whether to increase rates to meet its goal of 'price stability' by the mid-1990s; Continuation of turmoil in banking.