Australasia

Article Abstract:

Australia saw economic growth of 1.8% for 1st qtr 1996 giving an annual figure of 4.8%. Growth was boosted by a high level of public spending which is likely to be reduced, leading to a drop in growth later in 1996. Interest rates are likely to be stable in 1996 and fall in 1997. Tight monetary policy in New Zealand could precipitate a recession. Growth has been boosted by consumer spending and this could lead to problems with the balance of payments.

Australia, Economic aspects, New Zealand

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Underwriting announcements

Article Abstract:

A Texas noncommercial station was fined for illegally broadcasting announcements that promoted the goods and services of a for-profit contributor. The station may only go so far as to say the program is brought to you in part by a contribution from the so-and-so company, but must not promote what the company produces or sells.

Laws, regulations and rules, Corporate sponsorship, Public broadcasting

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Severe weather warning

Article Abstract:

The effects of global warming are being observed across the country. Among the biggest indicators are extreme weather conditions ranging from record heat in Portland, Little Rock and Dallas to record rain and snow in Rio Nido, California and Columbus, Ohio. A map of hardest hit areas is featured.

Analysis, Environmental aspects, Global warming, Climatology

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