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Powell wants end
to India-Pakistan
feud over Kashmir
Thursday, June 13, 2002
WHISTLER, British
Columbia (AP) — The United
States is willing to play a role
as “facilitator of dialogue”
between India and Pakistan but
has no desire to mediate their
long-running feud over
Kashmir, Secretary of State
Colin Powell said Wednesday.
Powell flew into Vancouver
and motored up winding
mountain roads to a resort in
Whistler to meet foreign min
isters from the world’s top
industrialized countries:
Britain, Canada, France,
I Germany, Italy, Japan and
™ ss inni Russia. They are laying
ally mi
groundwork for the Group of
Eight leaders
■ summit to be
verrea: held later this
allyintfj month in
ie the g. K a n a n a s k i s ,
perfec: Alberta,
ghtofftbj The minis-
■ ters were dis-
ijorchr cussing the
cill try Middle East at
icklausdinner
and Sir Wednesday
don ofi night, Powell
ndaryea said. They also
t one, lb: anticipated
LoveE, talks about
11 atonctT nuclear prolif-
e honer e r a t i o n ,
K Afghanistan and the Indian-
|k Pakistani standoff.
The Asian subcontinent has
■ calmed since Pakistan assured
I India that it would halt deadly
■ incursions across the Line of
pControl that divides Kashmir
between the two countries,
i Powell said.
The United States is look-
1 ing to facilitate talks that will
ultimately get into the Kashmir
issue, he said. “We just don’t
want to see the end of the cur
rent crisis and then wait until
the same problems raise the
crisis again at some point in
I' the future.”
We do not intend
to mediate this
dispute. The dispute
can only he resolved
by the two parties.
— Colin Powell
Secretary of State
U.S. officials promised both
sides they would remain
engaged as tensions ebb, “but
the principal role we’ll be
playing is as facilitator of dia
logue,” Powell said. “We do
not intend to mediate this dis
pute. The dispute can only be
solved by the two parties.”
Powell predicted there
would be no immediate
Pakistani withdrawal from the
Line of Control. “I think it will
probably take some months,”
he said.
Powell also said the United
States would meet with North
Korea later this month to talk
about areas “where we need
progress” name
ly, food aid, its
missile program
and compliance
with weapons
inspectors.
“We are look
ing for a way
forward,” Powell
said. “We will be
responding in
the very near
future and then
we will see what
the step is after
that.”
On the
Middle East,
Powell said the Bush adminis
tration is measuring several
ideas about creating a tempo
rary Palestinian state, and
planned to “weave them into
an extension of the president's
vision” of a permanent state
side-by-side with Israel.
“There are those who believe
that unless you have a political
horizon put in place that people
can see, it’ll be hard for the Arabs
or Palestinians to move forward
with the kinds of reforms that are
required to improve security anci
to bring greater accountability to
the Palestinian leadership,”
Powell said.
Happy birthday
Volunteers for the George Bush Library, Katherine
Wigington, left, and Joan Ledwig, right, greet and cheer for
the 41st visitor at the Tuesday morning celebration for
George Bush Sr's 78th birthday and his wife Barbara's 77th
RANDAL FORD • THE BATTALION
birthday. Since Bush was the 41st president, the 41st visitor
to the celebration received a gift prize. The celebration,
which served cake, ice cream, and balloons to kids, lasted
until 3 p.m.
Fed says economic recovery modest and uneven
WASHINGTON (AP) — The economy’s
recovery from last year’s recession is shaping
up to be choppy.
That appeared to be the main message
from the Federal Reserve’s snapshot of busi
ness activity around the country in late April
and May, which was released Wednesday.
“The tone was one of modest but uneven
growth, with some major sectors showing
signs of improvement while others softened
or remained weak,” the Fed said in its survey.
Economists said the report, commonly
referred to as the beige book, for the color of
its cover, makes it all but certain that Federal
Reserve policy-makers will leave short-term
interest rates — now at 40-year lows —
unchanged at their meeting this month, and
probably through the summer.
“This report tells me there is very little
momentum in either direction,” said econo
mist Clifford Waldman of Waldman
Associates. “Consumer spending is holding
up well enough not to have a double dip
recession as feared some months ago. But
nor do I see a V-shaped boom that some ana
lysts were predicting.”
Manufacturers — hardest hit by last
year’s recession — largely reported higher
production levels, shipments and orders, but
there were pockets of weakness, the Fed said
in its survey.
Suppliers of aircraft parts in Boston and
San Francisco said orders were down.
Manufacturers in Philadelphia, Atlanta,
Dallas and San Francisco said demand
remained weak for telecommunications
equipment. Deep cuts in capital spending by
businesses was a key reason the economy fell
into recession.
In a quarterly report assessing potential
threats to the global economy, the
International Monetary Fund said
Wednesday that business investment
remained the missing ingredient for a sus
tainable economic recovery in the United
States and Europe.
The IMF said that the near-term outlook
“appears largely free of imminent threats to
global financial stability.” But IMF econo
mists warned that the failure of corporate
profits to rebound was a threat because
businesses will not increase spending in the
critical area of capital investments until
profits recover.
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Dates:
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Subscribe and
Celebrate!
th
anniversary season
GREATER TUNA
Starring Joe Sears and
Jaston Williams
September 5-7
LA BOHEME
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Company
October 1 and 2
FamilylHolibay*
.-i-Sings.V f- „■
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, SING ALONG SANTA
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April 3
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