North Carolina Newspapers is powered by Chronam.
2The Daily Tar HeelTuesday, November 15, 1988
World aed Nation
From Associated Press reports
Chaim Herzog on Monday chose
Yitzhak Shamir, leader of the rightist
Likud bloc, to form a new govern
ment that likely will include religious
parties and factions that want to
annex the West Bank and Gaza Strip.
In accepting the nod from Herzog,
Shamir sought to defuse international
concern over the far right's hard-line
stance on peace talks, pledging to
make a "tremendous effort" to
achieve dialogue with the Arabs.
' In parliamentary elections Nov. 1,
neither Likud nor its rival, the center
left Labor Party, won enough par
liament seats to gain a majority in
the 120-member body. According to
Buslh promises to tackle federal deficit
From Associated Press reports
GULF STREAM, Fla.
President-elect George Bush, seeking
to calm skittish financial markets,
said Monday that he considered the
federal budget deficit a matter of
"great urgency" that he intends to
Department orders drug testio;
for Uo transportation workers
From Associated Press reports
WASHINGTON The Trans
portation Department on Monday
ordered a wide range of drug testing,
including random checks, for more
than 4 million transportation
workers, from airline pilots and flight
attendants to truckers and
Transportation Secretary Jim
Burnley said the transportation
industries are no more immune to
drug abuse than other parts of
society, listing a series of accidents
and other indicators he said show
narcotics to be a problem among
truck and bus drivers, commercial
pilots and railroad workers.
"The American people demand
and expect a drug-free transportation
system. These new rules will take us
as far as practically possible toward
that goal," Burnley said at a news
form oew Israeli
Israeli law, the president calls on the
party with the most support to try
to form a governing coalition.
Shamir has six weeks to form a
coalition, and he was expected to get
the needed 61 -seat majority with the
help of six small religious and right
wing parties. Two of those parties
endorsed him Sunday.
Herzog, however, urged Shamir to
include the Labor Party in a broad
coalition similar to the National
Unity government that has been in
power since inconclusive elections in
The president said his office had
been flooded with thousands of calls
urging a unity government. Many
tackle quickly in the new
Bush also said he was fully com
mitted to the Reagan administration's
policy of coordinated actions with
other major countries to stabilize the
value of the dollar on foreign cur
He acknowledged the tests, which
take effect in a year, likely will be
challenged in the courts.
The Supreme Court has before it
two separate drug-testing cases,
including one involving post-accident
testing of railroad workers, that are
expected to be decided next year.
After Burnley's announcement, the
head of the 40,000-member Air Line
Pilots Association vowed to go to
Congress and to the federal courts
to overturn the requirement for
"Random testing is a counter
productive, shotgun strategy that is
at the same time an unwarranted
invasion of privacy and of no signif
icant value in the battle against drug
abuse," said ALPA President Henry
The series of federal regulations
announced by Burnley calls for
Multi-Miilion Dollar Business Opportunity
Immediate, challenging management responsibility
(starting at 2-5 million dollars in annual sales)
Fast-paced work environment
Motivated Creative Aggressive Leaders
ma 6corjou, au (oc toail
to txut coflt tjoaf
DATE: November 1 6, 1 988
TIME: 7:00-9:00 PM
PLACE: U & N Ballrooms, Carolina Inn
DRESS: Casual Attire
Open To All Seniors
'Campus policy and NC law applies
Israelis, most of whom are secular,
fear the religious parties will force the
passage of laws that will restrict their
"The public is worried," Herzog
said. "There is a wish for unity to
confront the dangers from outside
and the separation threatening us
Later Monday, Shamir invited
Labor leader Shimon Peres for
coalition talks Tuesday, said Shamir
aide Avi Pazner. Peres accepted the
invitation, Pazner said. He refused to
A unity government would not
only blunt the power of the Orthodox
parties but would relieve Shamir of
pressure from the extreme right,
The vacationing president-elect,
talking to reporters on a sunswept
Florida beach, added his voice to a
chorus of Reagan administration and
Bush aides trying to reassure financial
markets after a huge sell-off last week.
transportation companies to have a
comprehensive testing program in
place by December 1989. Companies
with 50 or fewer employees
including tens of thousands of over-the-road
have a second year to comply.
The Transportation Department
estimated the testing will cost busi
nesses more than $2.1 billion during
the first 10 years, but Burnley said
the testing will save the same com
panies about $8.7 billion in increased
productivity, accident reductions and
medical cost savings.
Besides requiring random checks,
the regulations call for drug testing
before employment, periodically
during annual physicals if there is
reasonable cause to suspect drug use
and after an accident. The drugs
covered by the tests are marijuana,
cocaine, opiates, amphetamines and
which demands annexation of the
West Bank and Gaza and the expul
sion of 1.5 million Palestinians who
Israel captured the West Bank
from Jordan and the Gaza Strip from
Egypt in the 1967 Middle East war.
Shamir agreed Monday to try to
form a coalition with Labor. But he
made clear he could not share power
equally with Peres as he has for the
past four years, during which each
was prime minister for two years and
Cabinet posts were divided.
"The government that exists today
cannot continue. There can not be
a government that speaks with two
voices," Shamir said on Israel radio.
The big drop was blamed on investor
concerns over Bush's ability to handle
the economic challenges facing the
The words of assurance apparently,
had some effect. The Dow Jones
industrial average of 30 stocks, which
had lost almost 80 points since Bush's
election, including a 47-point drop
Friday, steadied and ended the day
down only 1.95 points.
The dollar,-which had been bat
tered last week, recovered some of
its losses as traders reflected on the
U.S. statements pledging further
cooperation to stabilize the
Bush noted the dollar's rally when
he spoke to reporters.
"The dollar apparently is stronger
this morning and apparently the
Tokyo market is up, so these gyra
tions happen," he said.
Economic analysts have said the
shaky markets are reflecting worries
about Bush's ability to bring down
the U.S. budget deficit, especially in
light of his tough "read my lips"
stance against tax increases and his
repeated insistence during the cam
paign that a "flexible freeze" on
spending was all that was needed to
balance the budget.
"I will address myself to that early
on in my presidency," he said. "It is
a matter of great urgency."
Bush said he would discuss the
matter with congressional and other
leaders, but was careful to note that
President Reagan is still in charge
until Inauguration Day on Jan. 20.
First Boston, a special bracket investment banking
firm, headquartered in New York, will be recruiting
for its financial analyst program. Positions are
available in the Investment Banking, Mergers and
Acquisitions, Real Estate, and Mortgage Finance
Departments. All Seniors are cordially invited to
attend a presentation and informal reception.
Friday, November 18, 1988
Carolina Inn, "C" Ballroom
A reception will immediately follow the
For further information and inquiries, please feel
free to contact:
Nannette Rochat Phil Berney
Investment Banking Investment Banking
(212) 909-3719 (212) 909-3554
Reagan, Sakharov discuss
Soviet political prisoners
From Associated Press reports
Sakharov, the Nobel laureate and
nuclear physicist, met with Pres
ident Reagan on Monday to
discuss the plight of political
prisoners in the Soviet Union.
Reagan said until the problem
was "completely eliminated"
human rights would remain an
irritant in U.S.-Soviet relations.
Stooped and aging at 67, Sak
harov met with Reagan for about
20 minutes in the Oval Office.
They shared a cautious approach
to the measures taken by Soviet
President Mikhail Gorbachev.
Sakharov, mindful of reporters
at a picture-taking session, drew
Reagan's attention to two dissi
dents, Vazif Meylanov and Mik
hail Kukobaka, that Sakharov
said still were being held.
He called the detention of
Meylanov "ironic" because he was
sent to prison for protesting the
removal of Sakharov from Mos
cow to Gorky in 1980. "I'm free,
to travel and he is in prison," the
human rights activist and "father"
of the hydrogen bomb told
Sakharov, speaking through an
interpreter, said Kukobaka was in
prison for refusing to bear false
witness against a foreign diplomat.
Shuttle countdown simulated
CAPE CANAVERAL, Fla.
The launch team and astronaut
crew Monday completed a suc
cessful countdown test for a secret
military mission to be flown by
space shuttle Atlantis in late
November or early December.
The five crew members boarded
the shuttle for the final two hours
of the two-day simulation and ran
through launch-day procedures.
Conrad Nagel, Atlantis' pro
cessing director, termed the exer
cise "very successful" and said the
only significant problem involved
. communications with the Mission
Control Center in Houston, which
he said would take a day or two
He also reported some trouble
getting accustomed to a new
secure communications system
that will be used because the
shuttle will be carrying a classified
Park Avenue Plaza
New York, N.Y. 10055
News in Brief
Nagle said that had Monday ;
been the actual launch day, the
liftoff would have been postponed .
because winds at the shuttle
runway here were too high for a
safe emergency landing.
He said that while Nov. 30 is I
the target launch date, "I think
we're looking real hard now at
Dec. 1 "because of a few outstand- .
ing technical problems that
cropped up before the countdown ,
Offers made for PTL property
COLUMBIA, S.C. U.S.
Bankruptcy Judge Rufus Rey
nolds is expected Wednesday to
consider at least four offers for the
PTL property near Fort Mill, and ,
he may make a decision soon.
PTL Trustee M.C. "Red" Ben
ton predicts the hearing will last
until at least Thursday. But he
expects a buyer will be chosen
within a matter of days.
Two bids for the property are
considered serious from Can
adians Stephen Mernick and Peter
Thomas. The two other bids came
from groups known as "Lexalt
University" and "Holy
Palestinians revise strategy
Members of the Palestine
National Council worked out final
details Monday of a new political
strategy that would renounce
terrorism and implicitly recognize
The council also is expected to
declare Palestinian independence
in the West Bank and Gaza Strip,
which Israel captured from Jordan
and Egypt in the 1967 Middle East
war and has occupied since.
With the new approach, the 450
member council hopes to meet at
least some conditions the United
States has set for dealing with the
Palestine Liberation Organiza
tion. The Arab League formed the
council in 1964, but it has assumed
the role of PLO legislature.
- V- , t tl :