Word: settlements
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...telephone that he generally approved of his initial efforts to end the war and authorized him to hold talks with Chechen rebel leaders on a political accord that would keep Chechnya within the Russian Federation. Lebed headed back to Chechnya over the weekend to work out such a settlement...
...called off only weeks before a scheduled nation-wide vote September 14 only served to heighten questions about the viability of the Dayton Accords. "The cancellation is a recognition that the Dayton accords are a diplomatic game which may not have anything to do with a peaceful multi-ethnic settlement in Bosnia," says TIME's Marguerite Michaels. "The municipal elections were always going to be trouble, so the Dayton administrators ditched them. Keeping the national elections gives the international group a rotating presidency, a parliament and an excuse to pull out as soon as a withdrawal is feasible." Terence Nelan
...called off only weeks before a scheduled nation-wide vote September 14 only served to heighten questions about the viability of the Dayton Accords. "The cancellation is a recognition that the Dayton accords are a diplomatic game which may not have anything to do with a peaceful multi-ethnic settlement in Bosnia," says TIME's Marguerite Michaels. "The municipal elections were always going to be trouble, so the Dayton administrators ditched them. Keeping the national elections gives the international group a rotating presidency, a parliament and an excuse to pull out as soon as a withdrawal is feasible." Terence Nelan
...billion restructuring plan after the 4th U.S. Circuit Court of Appeals reversed a federal judge's ruling last Friday blocking the move. U.S. District Judge Robert Payne had issued a temporary injunction ordering Lloyd's to give some 3,000 U.S. investors an extra three months to review the settlement proposal. Payne said that American investors should have their cases tried in the U.S. courts and found evidence that Lloyd's was violating U.S securities law in trying to sell the settlement. The ruling came a day before a Wednesday deadline for a "substantial majority" of 'names', as investors...
JERUSALEM: Israel's defense minister has approved the construction of 900 new apartments for Jewish settlers in an exisiting settlement on the West Bank. It would be the first new construction in an occupied territory outside of Jerusalem in at least four years, and represents a manifestation of promises made by Prime Minister Benjamin Netanyahu in his election campaign this spring. TIME's Eric Silver reports from Jerusalem that the new housing is part of a plan drawn up years ago but shelved under the Labor governments of Yitzhak Rabin and Shimon Peres. The new apartments will be in Kiryat...