Linking U.S. troops, the outback and empty space

Article Abstract:

Some analysts believe that the U.S.-Australian agreement to hold regular military exercises in the Northern Territory of Australia is a ploy of the U.S. to force Japan to stop the Okinawa protests. Okinawans have been increasingly open about their opposition to military activities in Okinawa because they disturb residents of the island. U.S. troops, however, say that the rumor is not true. Although they will not be leaving Japan, they will no longer use it as a base for their training activities because these will be conducted in the Northern Territory.

Management, International aspects, Military aspects, Military bases, Northern Territory, Okinawa Island, Military training camps

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Handover party is set, but who's coming to dinner?

Article Abstract:

The invited guests and the details of the official ceremony returning Hong Kong to Chinese rule are still unknown. The format of the June 30, 1997 ceremony was agreed upon in September 1996, but is still being kept from the public. Other than Prince Charles, Hong Kong Gov. Chris Patten and the British foreign secretary, no attending major Western diplomat is announced. The Handover Ceremony Coordination Office has announced that 4,000 people will be invited to a dinner at the Hong Kong Convention and Exhibition Center on June 30, 1997.

Social aspects, United Kingdom, China, Chinese foreign relations, British foreign relations, Hong Kong foreign relations, Hong Kong-China reunification question

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Modest banking reforms aim to end interest-rate cartel

Article Abstract:

Hong Kong's Monetary Authority has announced new banking reforms aimed at increasing foreign participation and deregulating the method by which interest rates are set. The reforms, which will be implemented in about two years or more, is part of the city government's efforts at deregulating the banking sector. Under the new rules, foreign banks will be allowed to operate as much as three branches and banks will be permitted to set their own interest rates for checking and savings accounts.

Commercial Banks, Commercial Banking, Government regulation (cont), Hong Kong, Banking industry, Economic aspects, Laws, regulations and rules, Financial institutions, Interest, Interest (Finance)

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