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manville a forest and building products concern has offered to pay the trust $ N million for a majority of manville 's convertible preferred stock
manville and the trust are discussing the offer but no decision has been made
the filing also said the trust is considering a sale of manville securities in the open market an extraordinary dividend on the common stock or a recapitalization of manville
the soviet union 's jobless rate is soaring to N N in some areas pravda said
it said the situation is caused by efforts to streamline bloated factory <unk>
unemployment has reached N N in <unk> N N in <unk> N N in <unk> N N in <unk> N N in <unk> and N N in <unk> the communist party newspaper said
all are <unk> republics along the southern border of the soviet union and all but <unk> have reported <unk> in the past six months
the newspaper said it is past time for the soviet union to create unemployment insurance and <unk> programs like those of the west
pravda gave no estimate for overall unemployment but said an association of the <unk> has <unk> up that says the number of jobless is N million soviets or N N of the work force
an <unk> dispute involving australia 's N domestic pilots has slashed airline earnings and <unk> much of the continent 's tourist industry
the only people who are flying are those who have to said frank moore chairman of the australian tourist industry association
he added how is a travel agent going to sell a holiday when he can not guarantee a return flight
transport giant <unk> which owns half of one of the country 's two major domestic carriers said the cost of the dispute had been heavy cutting <unk> 's profits N N to $ N million in the three months to sept. N
brazilian financier <unk> <unk> who was arrested on monday after N days in <unk> is likely to be <unk> next week by the brazilian judiciary
mr. <unk> who <unk> provoked a one-day <unk> of brazil 's stock markets in june when he failed to honor a debt of $ N million owed to his brokers yesterday blamed his <unk> on the president of the <unk> <unk> stock exchange a few days before mr. <unk> 's failure the exchange raised the required margin on <unk> transac...
china 's parliament ousted two hong kong residents from a panel <unk> a new constitution for the colony
the two <unk> <unk> and martin lee were deemed <unk> because they had <unk> china 's crackdown on its pro-democracy movement
the committee is <unk> hong kong 's constitution for when it <unk> to chinese control in N and chinese lawmakers said the two can only return if they abandon their <unk> stand against the chinese government and their attempt to <unk> the <unk> joint declaration on hong kong
nuclear <unk> for israel
israeli officials confirmed that energy minister <unk> <unk> and his canadian counterpart <unk> <unk> discussed a possible israeli purchase of a $ N billion canadian nuclear <unk> for producing electricity
however a canadian embassy official in <unk> <unk> said that canada was unlikely to sell the <unk> <unk> <unk> to israel since israel has n't signed the nuclear <unk> treaty
israel has been accused in the past of using <unk> to seek elements needed to develop nuclear weapons
the south korean government is signing a protocol today establishing formal diplomatic relations with poland
the two are also signing a trade agreement
south korean government officials said they do n't expect that seoul can loan money to warsaw but it can offer experience
poland is the second communist nation to recognize the seoul government south korea established diplomatic relations with hungary in february N
venezuela will hold a <unk> auction friday with N potential bidders participating
earlier this year venezuela announced it was opening up <unk> swaps to foreign investors but said the program would be limited to a net <unk> of $ N million a year
friday 's auction will be limited to $ N million <unk> by the central bank to potential investors
the office of foreign investment has authorized some $ N billion worth of investment proposals said edwin <unk> <unk> of foreign investment
most of the proposals are in tourism basic industry and <unk> and <unk> projects he said
under the <unk> program potential investors will submit <unk> bids on the percentage of discount they are willing to purchase the debt at and the bids will be allocated based on these discount offers
the <unk> central bank set a N N floor on the bidding
a song by american singer <unk> <unk> <unk> jailed black leader nelson <unk> was banned from south african state radio and television
the south african broadcasting corp. said the song freedom now was <unk> for broadcasting
britain 's house of commons passed a law that will force english <unk> fans to carry identity cards to enter stadiums
the <unk> law which would <unk> <unk> of cards must be ratified by the house of <unk> and is expected to become effective early next year
a federal judge ruled that <unk> marcos was n't brought to the u.s. against her will and that <unk> privileges which protect spouses from <unk> each other do n't apply in her case
as a result judge john f. keenan of new york ordered mrs. marcos to turn over to the court all <unk> and documents she may have filed in foreign countries in opposition to u.s. requests for evidence
mrs. marcos had claimed that she did n't have to turn over the documents because she was brought here <unk> and because providing the materials would violate her <unk> privilege
in N a year and a half after mrs. marcos and her late husband ferdinand marcos the ousted president of the philippines fled the philippines for hawaii they were charged with racketeering conspiracy <unk> of justice and mail fraud in a scheme in which they allegedly <unk> more than $ N million from their <unk>
much of the money was <unk> <unk> through purchases of prime manhattan real estate federal prosecutors have charged
mrs. marcos 's trial is expected to begin in march
u.s. law requires criminal defendants to turn over foreign documents such as those sought in the marcos case
the law is meant to overcome delays caused by defendants ' use of foreign procedures to block u.s. requests for records judge keenan said in his opinion
for instance the documents could involve foreign business dealings or bank accounts
the u.s. has charged that the <unk> ' alleged crimes involved bank accounts in the philippines hong kong the u.s. and other countries
on the <unk> of <unk> judge keenan wrote the suggestion that mrs. marcos was brought to this country against her will is <unk> by affidavit or <unk>
the judge also said the two <unk> <unk> privileges cited by mrs. marcos do n't apply
the first one permits a witness to refuse to testify against her spouse
but judge keenan said that privilege 's purpose is <unk> harmony in marriage
because mr. marcos died sept. N the privilege can no longer apply the judge said
the second <unk> privilege cited by mrs. marcos protects confidential communications between spouses
but judge keenan said that privilege is meant to protect private <unk> not litigation papers filed with foreign governments as mrs. marcos 's attorneys maintained
though judge keenan threw out most of mrs. marcos 's objections he agreed with one of her concerns that turning over the foreign documents could violate the defendant 's constitutional right against <unk>
as a result he said he will examine the marcos documents sought by the prosecutors to determine whether turning over the filings is <unk>
judge keenan also directed the prosecutors to show that mrs. marcos 's fifth amendment right against <unk> wo n't be violated
mrs. marcos 's attorney in new york <unk> <unk> declined to comment on the ruling
mrs. marcos has n't admitted that she filed any documents such as those sought by the government
charles <unk> the assistant u.s. attorney <unk> the marcos case did n't return phone calls seeking comment
u.s. and british law firms announce rare joint venture in tokyo
<unk> & austin a leading chicago-based law firm and <unk> morris <unk> a midsized london firm of <unk> are scheduled today to announce plans to open a joint office in tokyo
the firms will be registered under japanese law as foreign legal consultants and their practice with japanese clients will be limited to advising them on matters of foreign law
the office may also be able to advise foreign and multinational clients on international law and general matters
the office will provide <unk> shopping for japanese financial institutions and other clients seeking advice on access to the world capital markets according to a. bruce <unk> <unk> 's senior banking specialist who will move to tokyo from chicago to open the office next year
the <unk> venture will also be <unk> by another <unk> partner specializing in corporate law a partner from <unk> concentrating on acquisitions and a japanese attorney
the office will tap the resources of <unk> 's N lawyers in the u.s. london and singapore as well as the N <unk> staff members in london and brussels
<unk> is new to the far east
<unk> will maintain its association with the <unk> law office in tokyo
the united auto workers said it will seek a <unk> of a u.s. appellate court ruling against the union 's claim that the state of michigan <unk> in <unk> against female employees
a <unk> panel of the court in cincinnati made the ruling saturday
the <unk> is seeking a hearing by the full <unk> panel
the union sued the state in november N alleging that it intentionally <unk> job <unk> by sex and paid employees in <unk> female jobs less than males in comparable jobs
the <unk> also charged that the state applied its own standards for determining pay in a <unk> manner
in november N a district court judge in detroit ruled against the <unk>
the union is the bargaining representative for more than N michigan state employees
new jersey merger
one of the largest law firms in central new jersey has been created through the merger of <unk> <unk> & marcus a <unk> firm and <unk> <unk> <unk> & <unk> a health-care specialty law firm with N lawyers
<unk> <unk> is a <unk> firm that has expanded recently into such <unk> as banking labor and environmental work
the merged firm will carry <unk> <unk> 's name
drug wars
a texas legislator proposes <unk> drivers ' licenses of some drug offenders
the bill would <unk> courts to order the licenses as a condition of <unk>
state senator <unk> <unk> brown a republican who is running for texas attorney general introduced the bill
he said an altered license would be an embarrassment to <unk> and young adults and would act as a <unk> to drug use
richard <unk> executive director of the texas civil <unk> union called the proposal political <unk> and said it fails to recognize the drug problem as a health issue
the amendment offered by rep. douglas <unk> d. calif. was approved N during debate on a bill designed to strengthen the transportation department 's authority in dealing with leveraged buy-outs of airlines
the bill would require the agency to block the acquisition of N N or more of an airline 's stock if the purchase threatened safety reduced the carrier 's ability to compete or put the airline under foreign control
debate on the legislation which faces a veto threat from president bush is to continue today
the amendment would require the department to block the purchase of a major airline by anyone who has run two or more carriers that have filed for protection from creditors under chapter N of the bankruptcy code
in N texas air 's continental airlines filed for bankruptcy
earlier this year texas air 's eastern airlines filed for bankruptcy
this ought to be <unk> the do n't let frank lorenzo take over another airline amendment said rep. james <unk> d. minn. chairman of the house aviation subcommittee who argued that the provision was unnecessary because the bill already would give the department ample power to block <unk> deals
for years a strict <unk> <unk> the staff meetings at nissan motor co. 's technical center in tokyo 's western <unk>
employees wore <unk> <unk> listing not only their names but also their dates of hire
no one could voice an opinion until everybody with more seniority had spoken first so younger employees often the most enthusiastic and innovative seldom spoke up at all
but in N the <unk> and the do n't speak out of turn rule were abolished early steps in a cultural revolution still rolling on with all the <unk> of a freight train
in recent years nissan has instituted <unk> work schedules and allowed employees to dress <unk> even in blue jeans
a rule <unk> staffers to own competitors ' cars has been lifted and now many designers drive foreign cars to get useful ideas
nissan 's <unk> corporate song filled with <unk> to mount fuji has been scrapped in favor of a <unk> tune sung by a popular japanese <unk>