This program is 29 minutes long
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(Studio: Judy Woodruff) The record-setting single-day losses on Wall Street and the drop on Asian markets in response to the Russian economic crisis reported. Stock Market Report.
(Studio: Lou Dobbs) The worldwide market correction reviewed.
(Studio: Judy Woodruff) Today's big losers on Wall Street listed. [Council on Foreign Relations Daniel TARULLO - explains the reasons for last week's and today's corrections and the international and domestic factors that have created a mood of negativism; says that President Clinton has to fulfill his planned visit to Russia, where he can reiterate the support from the United States and G-7 for Russia.]
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(Studio: Judy Woodruff) Report introduced.
(White House: Wolf Blitzer) The background to President Clinton's summit meeting with Russian President Boris Yeltsin at a time of political and economic chaos in Russia featured. [CLINTON - explains why we must help our neighbors.] The Russian Parliament's rebuff of Yeltsin's appointment of acting Prime Minister Viktor Chernomyrdin and the status of economic reform and Yeltsin's own political future noted. [Majority leader Senator Trent LOTT - says Clinton could not have canceled the summit.]
(Studio: Judy Woodruff) Report introduced.
(Moscow: Betsy Aaron) The political situation in Russia following the voting down of Chernomyrdin's appointment and the worsening economic crisis examined. [Parliament member Vladimir LUKIN; Communist Party leader Gennady ZYUGANOV - (thru translator) oppose Chernomyrdin.] Chernomyrdin's hopes to get the economy up and going outlined. [CHERNOMYRDIN - (thru translator) says we need to pay state employees.] [Russian MAN - (thru translator) says we don't need Yeltsin.] The current lack of a government in Russia and the disastrous situation for the Russian people noted.
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(Studio: Judy Woodruff) Report introduced.
(Pentagon: Jamie McIntyre) North Korea's launch of a long-range missile examined; details given of the United States tracking of the test firing of the two- track missile over Japan. [Former United Nations weapons inspector David KAY - talks about the Korean expectation of assistance from the United States and Japan.] North Korea's missile capabilities reviewed. [Georgetown University Robert GALLUCCI - says North Korea has cornered the market on ballistic missiles.]
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(Studio: Judy Woodruff) Commemorations in Britain on the first anniversary of the death of Princess Diana reported.
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(Studio: Judy Woodruff) Report introduced.
(No location given: Dan Rutz) A new non-surgical treatment for prostate cancer examined; details given of how radiation seed implants works. [Cancer patient Glen HULTQUIST, Northwest Hospital Dr. Haakon RAGDE, John Hopkins University Dr. Patric WALSH - comment on this cancer treatment.]
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