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U.N. rallies for change GENEVA ? The world economy is at an impasse for the first time since the Great Depression, with the private sector unable to muster the strength to pull out of recession, a U.N. agency reported Tuesday. The U.N. Conference on Trade and Development recommended the governments of developed countries break the economic stalemate by increasing spending on public works projects. In its 142-page annual report, the agency reported the United States, Japan and Britain have been especially hard hit by problems which can be traced to the robust 1980s. In those years, there was heavy lending for investments in commercial property. That led to a "masciyp nuprciinnlv" nf cno^o ai ? v v t viou|/|yij v/x uiiivu opavu followed by a sharp fall in prices, the report says. The price collapse brought severe losses to many banks, and those institutions now are increasingly cautious about loaning money, the report says. In the United States, the situation was aggravated by the savings-and-loan crisis. Unemployment on the rise MOSCOW ? Unemployment in Russia could skyrocket 20-fold next year due to bankruptcies caused by government subsidy cuts, a senior official said in remarks published Tuesday. ine orriciai jooiess total couia jump from under 250,000 to about 5 million people, Economics Minister Andrei Nechayev said in the government daily Rossiiskie Vesti (Russian News). Authorities have said the actual jobless figure may be twice the official one. As the government cuts subsidies to state-owned businesses, the number of bankruptcies will rise, Student atta By CHAD BRAY News Editor ; 1 A 18-year-old student was ; attacked and robbed early Tuesday i outside of Bates House. Freshman David Ellis was walk- 1 ePsi FREE C V THI | ft] I'WHIt SOUTH tt forcing employees to seek othe work, Nechayev said. "In 1993 ... the number of peo pie needing work could rise t( about 7 million people, or 8 per cent of the work force," he said "About 5 million of them might b( called 'jobless,' of which about 4.' million will receive unemploymen relief." Endeavour in orbit HOUSTON ? Endeavour's astronauts levitated liquid drops Tuesday using sound waves, aftei achieving the fertilization of eggs produced by frogs in orbit ? a space first. Mae Jemison balanced reddish beads of mineral oil in an acoustical chamber using sound waves from three speakers before some of the eight or so drops drifted off and burst. But scientists said they had some success manipulating a few of the drops, which ranged in size from less than a half-inch to nearly an inch. The experiment may help scientists develop methods of processing materials without contaminating them by touching container walls. Companies call for recycling BOSTON ? More than 20 American companies, including McDonald's Corp., Coca Cola Co. and Sears Roebuck & Co., Tuesday launched a national campaign designed to create demand for recycled goods. Organizers say the voluntary effort will help fill an important gap in the recycling movement that has succeeded in collecting paper, glass and other reusable trash, but has fallen short in finding markets for recycled goods. "This will help pull material ?I 1- A.i 1 * i ?*1 uiiougii me recycling loop rauiei icked, robb ing behind Bates House about 1 a.m. Tuesday morning when USC Police said an unidentified man approached Ellis and punched him in the stomach. Ellis said the man then pulled a knife and told him to give him fvyvyyyv m UNIVERSITY I 1 CRA m UKcr J SPEC FRIDAY, SEPT ANVAS BOC ITH PURCHASE C NERAL READING E *OUGH OUR EXCL READERS (Hi f BOOK CIA 00K CLUB PAYS YC OUR 10TH BOOK P> 'OUR BOOKCLU AND SAVING TODAY [[ SUPPLIES LAST-ONE PEP CUSTO/ MOLINA'S LARGEST CBHS THE FIRST STOP TC CENT LIFE IN THE U iaAaAAA/ r than push it through," said Phil Bailey, coordinator of the business alliance for the National Recycling ) Coalition, which is holding a con ference in Boston this week. The alliance will conduct pro: grams around the country to show 1 businesses how they can buy recyt cled goods and use them in their daily operations. Part of this effort will include a database that informs businesses where, for example. they might buy memo pads made of recycled paper. Sears Roebuck, for instance; has set goals with its suppliers to use corrugated paper and plastic packaging that contain at least 25 percent recycled materials. i SRS opt?s rlpanun mnnpv j_,~ f COLUMBIA ? The Savannah River Site will get an additional $20 million in federal money for cleanup at the nuclear weapons complex near Aiken, Gov. Carroll Campbell said Tuesday. President Bush signed legislation Monday night that transferred the money to SRS from a Department of Energy account, Campbell said in a statement. The money was originally to be spent on a new production reactor. Energy Secretary James Watkins last week postponed all work on a new production reactor for at least three years. The move cast doubts on whether Savannah River will ever get the new reactor, which state officials have pushed for because it would create thousands of construction jobs. The new money will help create new ways to clean up the environment at nuclear facilities across the country, Campbell said. Supreme Court stops cuts COLUMBIA - Immediate acrossthe-board cuts would be ordered if ed behind B; some money. Ellis gave up $10 and the man ran off toward the Five Points area. Ellis said the area was lit well and there was a call box nearby, but he no longer feels safe on campus. "I doubt it now," he said. "I 'VWVVVjl BOOKSTORE ^ ND IIN6 J IAL ^ EMBER 18TH "^3 5K BAd*^ OICE J] B CARD ^1 BOOKSTORE ^^3 NIVERSE" ^1 the state Supreme Court nullifies the Budget and Control board's plan to pare $200 million from the current budget, Gov. Carroll Campbell said. The budget board was to meet Tuesday to hear from some agencies who want exemptions from the recent round of budget cuts. If the high court rules against the Budget and Control Board's plans, Campbell said Monday that the new spending cut would be needed , to avoid the loss of the state's Uiple-A credit rating. , 1 hf1 'ifnfp'? ratino frr\m a mair?r Wall Street firm is the highest , available, saving taxpayers millions . of dollars in interest on government , construction projects. ( Nominations requested < Nominations for the USC's 1992 t Distinguished Black Alumni Award ( are being accepted by the USC ( Black Alumni Council. Written nominations of alumni ( who have excelled in their profes- ^ sion should be made by Sept. 30, including a description of the individual's accomplishments and resume. Mail nominations to USC c Black Council Award, 1731 1 College St., Columbia, SC 29208. Business seminar upcoming ( "Financing Your Business for e Existing Business Owners" will be c offered Sept. 24 by the USC's Small Business Development a Center and First Union Bank. F Designed for those who have I operated a business for at least a p year, the seminar will run from 6-9 t; p.m. in Room 502 of USC's col- j, lege of business administration. r Speakers include Theresa Singleton, chief of the Small ^ Business Administration's financ- c ing division, and Greg Burke, vice ^ president of First Union's commercial banking group. o ates House { don't feel it's safe as I thought it was." Ellis, however, doesn't believe the blame should fall on the university for the incident. "I shouldn't have been walking by myself that late," he said. 1^w 1^5 ~ 11 i 'nw/M'<Jwt/7 #>, IRONICA SAVING FORRI LIKE YOl Can t afford to save for The truth is, you can' ? Not when you realize that _ Jj. can last 20 to 30 years or it c to live at least as comfortal | do now. And that takes pla c< By starting to save now, ^ advantage of tax-deferral a $3 money time to compound 1 3 Consider this: set aside jus 3 . | month beginning at age 30 "?, accumulate over $192,539* you reach age 65. But wait ^ you'll have to budget $227 to reach the same goal. ^ RttiLirt -hLvff MlM/ .1 '?= | HiSj Ensuring tl g for those w ?I \ Assuming an interest rate of 7.5% credited to TIAA Retu produce very different results. C Groups que Cabinet inv in Bush can By The Associated Press ' " e Dick Cheney got laughs when he e 1 AIH Olirlian/>no I T 1! -1 \( iwiu auuiV/iitcs 111 IllUlUIlcl illlU ** Tennessee this month that "I'm not c involved in politics anymore, now si that I'm at the Pentagon." ti The defense secretary never mentioned the name Bill Clinton, ci Still, he's doing his part for the b unofficial campaign which involves i mix of roadshow and backstage t\ maneuvers by administration offi- ^ :ials working to re-elect George g Bush. ^ Democrats and government ^ vatchdog groups say they are not . tmused by the spectacle and raise questions about ethics, taxpayer subsidies and unreported political ^ :ontributions. L But White House officials con- Ul inue to plot campaign strategy tc leep inside the Beltway, while oth;rs in the administration scatter s< tcross the land to tear down ^ Clinton, the Arkansas governor and ^ Democratic nominee. Cabinet members converged on ^ iouston last month for partisan d< luty during the convention. Now hey show up in a city here or here, often the same day as a visit >v Clinton or running mate A1 }ore, busily knocking down whatver the Democrats have just said ?r are about to say. ^ Hours before Clinton was due to rrive in Jacksonville, Fla., this iast Wednesday, Labor Secretary P? .ynn Martin called his economic ar dan "slippy" and "slidy" and cer- w ain to cost the country 1.5 million 0 obs. Bush's plan was practical and P1 eal, she said. That same day in Shreveport, ar .a., hours after Gore had come to all, Energy Secretary James in Vatkins accused Clinton and Gore ^ ?f favoring "a radical ban on all w ffshore drilling" which would be a isaster for the oil industry. The P? )emocrats say they want to stop ew drilling, not all drilling. Cheney, slightly more subtle, Wi We're not good becaus< The Garnet We're the oldest becai ; \ A 'S-, tir>tr fc"* /Cr / / r # M >V-* /* ~ </ X,. 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Tbu rate lj tufed solely to J bow tbe power and e 'REFcertificates are distributed by FIAA- CREF Individual and stion olvement lpaign xpressed concern in Indianapolis arlier this month about "some crit:s (who) are calling for deeper uts in our aimed forces that would urely destroy our military capabilies." Clinton has proposed defense uts twice as deep as those planned y Bush. Other high-ranking officials on le campaign trail have included udget director Richard Darman, ducation Secretary Lamar lexander, Health Secretary Louis ullivan, Michael Deland, head of ie White House Council on nvironmental Quality, Pat Saiki, ead of the Small Business dministration, and Bob Martinez, ie national drug policy coordina >r. Then there's the behind-the:enes crew headed by White ouse chief of staff James Baker, e has essentially run the camaign since his return from the tate Department last month, 2spite a memo last November in hich White House Counsel C. oyden Gray told all White House aff "anything that is obviously impaign-related should not be )ne here." Fred Wertheimer, president of ommon Cause, urged Bush in a ily 24 letter not to bring Baker to e White House to run the camtign. He said it would be "wrong id improper" and counter to a ell-established tradition of public "ficials leaving government to aid esidential campaigns. Bush did it anyway, to the inoyance ot at least one registered spublican who vented her feelings a recent letter to the New York imes. While Cabinet members and rhite House employees are not irred from political activity, the endrie letter underscores potenllly problematic aspects of the ay the system works. 3 we're the oldest & Black use we're good. - ^ I 1 START NIT LOOKS HP IT. counting the years to count on TIAA-CREF ; future you deserve lent and tax-deferred jrse portfolio of invest" record of personal 5 years. ople in education and -REF at the top of _1 * rr "Whv piannn?5* -v -?v,i irn how simp'e it is lorrow when you -CREF working on tline 1 800 842-2888. * ffect of compounding. 0r higher r<UeJ wgU0 Injtdul">nai Stroiczj