March 7, 1996

World News in Brief

Israelis hit hard by Hamas

Within

an eight-day period, 58 Israelis lost their lives to suicide bombings by the Muslim fundamentalist terrorist group Hamas. Only a week after a suicide bomb on a bus killed 23, another bomber killed 18 people riding a Jerusalem bus on Sun., Mar. 3. The following day, 14 people were killed and 105 were injured in a suicide bombing near a Tel Aviv shopping mall.

Israeli Prime Minister Shimon Peres was pressed to declare war on Hamas but said Israel was now committed now more than ever to peace. Peres also promised the Israeli people that he would punish Hamas and submitted a list of 13 wanted leaders of Hamas to PLO Chairman Yasser Arafat. Arafat detained four of the 13 yesterday.

The recent bombings have jeopardized the Middle East peace process. Israel threatened to send soldiers back into the West Bank and the Gaza Strip if Arafat does not root out Hamas.

Since the bombings, Hamas has proposed a truce with Israel which was quickly rejected by both the PLO and the Israeli government.

IRA vows war for another 25 years Sinn Fein p
resident Gerry Adams stated to the press that Irish Republican Army guerrilla leaders will wage another quarter century of war if the British government does not present a suitable "new deal" for peace. It was the first time since the IRA broke the cease-fire on Fri., Feb. 9 by bombing a London bus that Adams spoke of the IRA leadership's plans. Adams said that two high-level IRA officials had specifically told him that they would restore the cease-fire only if the British present a "viable" peace offer.

The cease-fire came to an end because the British government failed to specify a date by which all parties involved in Northern Ireland, including the IRA, would be allowed in the peace negotiations. The government has declared that no more meetings will be scheduled with Adams until the cease-fire is restored.

Airbus and Boeing receive $6 billion in orders

Internat

ional Lease Finance Corp. is planning $6 billion in aircraft orders from Boeing and Airbus, the two leading jet manufacturers in the world. Analysts say this move is a sign of the strengthening rebound market for commercial planes.

Orders for small jet liners increased sharply since late 1994, and in the past year, major airline orders for large planes have begun to pick up steam as well. The international lease order is being closely watched by many as a market indicator.

The European Airbus consortium is expected to win the share of the order, with as many as 26 of its largest planes. Most assuredly, Boeing will not give up without a fight.

-Compiled by Sumit De from Yahoo Current News Headlines


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