2A - The Michigan Daily - Thursday, September 20, 2001 NATION/WORLD Tenuous Mideast truce holds despite gun battle JERUSALEM (AP) - Palestinian police enforced an informal truce with Israel yesterday, patrolling hot spots, and both sides agreed to renew U.S.-hosted talks on resuming security coordination. The calm was disrupted by an explosion at a Jewish settlement that injured two Israelis and a two-hour gun battle in the West Bank town of Hebron in which five Palestinians were injured. Each side accused the other of starting the exchange of fire, and Israel said it was too early to tell if the truce was taking hold. The United States has been prodding Israel and the Palestinians to work out a cease-fire. Calm in the Middle East is seen as essential for Washington's attempt to bring Arab and Mus- lim states into a coalition that would support military retaliation for last week's terror attacks. In a first step toward cementing a truce, Israel and the Palestinians agreed that top commanders would meet to talk about resuming security coor- dination. Palestinian officials said the meeting would be held today in Tel Aviv, with U.S. partic- ipation. Israel said a time and place had not yet been set. President Bush said yesterday he has "a sense of optimism" over informal truce, saying last week's attacks on the United States may be prompting the current hopeful actions. "I felt like this event may shake up the atti- tudes of the Middle East," the president said from the Oval Office yesterday. "People are resolving to show the world there can be peace there, as well." In the next stage, Israeli Foreign Minister Shi- mon Peres would meet with Palestinian leader Yasser Arafat. The meeting could take place before the end of the week, said ministry spokes- woman Yaffa Ben-Ari. NEWS IN BRIEF ARUDHEADLINES FROM A EWORLD NEW YORK ' . Late rally saves Dow Jones, Nasdaq The economic fallout from the terrorist attacks sent stocks plummeting for the second time in three days yesterday, with a late burst of buying saving the Dow from its worst three-day point loss ever. The Dow Jones average was down as much as 423 points at mid-afternoon but recovered somewhat and finished with a loss of 144 points following news reports that the Pentagon ordered warplanes to begin moving to the Persian Gulf area, the first concrete sign of preparations to retaliate. "I think that's what the market needed to see. They wanted to get rid of uncertain- ty and this helped," said Charles White, portfolio manager at Avatar Associates. Still, the market remained vulnerable after tens of thousands of job cuts at Boeing, American Airlines and other companies that have seen their business crippled by the terrorist attacks. At its low yesterday, the Dow had a three-day loss of more than 1,100 points. Its worst three-day loss was 984 points in August 1998. The Dow closed down 144.27, or 1.6 percent, at 8,759.13. So far this week, the Dow is down 746.81, or 8.8 percent. The Nasdaq was down 27.28 at 1,527.80, a 1.8 percent loss, while the Stan- dard & Poor's 500 index was off 16.64, or 1.6 percent, at 1,016.10. NEW YORK Residents suggest delaying race for mayor The attack on the World Trade Center has transformed the New York mayor's race from an election about preserving prosperity and a low crime rate to a contest focused on which man can best shepherd the city through the crisis. In fact, some New Yorkers have been so impressed by Republican Mayor Rudolph Giuliani's resolute leadership since the attack that they don't want to pick a new mayor at all. They have suggested delaying the election to keep the outgoing mayor in City Hall for the recovery effort. And Giuliani, whose last day in office is Dec. 31, has not ruled out the possibility. The GOP and Democratic primaries had been scheduled for Sept. 11, but less than three hours after the polls opened, two hijacked airliners toppled the Trade Center towers, profoundly changing the issues and the tenor of the cam- paign. "The most important issue now is building the city's psyche, its morale and its infrastructure," said Steven Cohen, director of the graduate program in pub- lic policy at Columbia University. "So people are going to step back and take a second look at the candidates. 4 West Bank town of Jenin yesterday. American Airlines to lay off 20,000 The Goff Smith Lecture, sponsored by Michigan Engineering, will be rescheduled due to a family emergency. DALLAS (AP) - The parent com- pany of American Airlines said yester- day it would lay off at least 20,000 employees, bringing the industry's job cuts since last week's terrorist attacks to about 66,000 as carriers deal with sharp declines in demand and new security measures. The cuts - equal to about 14 per- cent of AMR Corp.'s work force - will be spread across American, Trans World Airlines and the American Eagle commuter line. The companies have 138,350 employees. A short time later, the parent of United Airlines announced plans for 20,000 job cuts at the nation's No. 2 airline. American, the world's largest carri- er, had already said it planned to cut its flight schedule by 20 percent, as have other airlines. Executives have been in Washington this week, lobby- ing Congress and the Bush adminis- tration for a multibillion-dollar aid package. The aviation industry has been reeling since terrorists hijacked four airliners Sept. I1 and crashed them in New York's World'Trade Center, the Pentagon and rural Pennsylvania. The aviation system was closed for two days and passengers have been scarce. US Airways plans to lay off 11,000 employees and Continental 12,000 workers. America West, America Trans Air, National Airlines and Vir- gin Atlantic have all announced cuts. Midway Airlines shut down. Analysts have said there could be 100,000 layoffs as the industry deals with a slower economy and problems related to the attacks. American Airlines chairman Don- ald Carty said he was declaring a "state of emergency" at the carrier. "This is, without a doubt, the most difficult thing I have had to do inmy two decades at American," he said in a letter to employees. logize for onvenence. I - The Adventuire o fMinims COt !O 2EAA LSSA I NEVER LVEDYOU BRAD. SOUMS LIKE EXB F DE S UAWR AMi.SUE BABY, AI YUP OUT OF arwo HOW DOES THIS FEEL M LFELSE ET H ZsK CHECK OUT THESE SEXY CLASSES! BALLROOM DANCING, BARTENDING, BRIDGE, BELLY DANCING COOKING, CPR, HENNA, LATIN DANCE, MASSAGE, MEDITATION, POOL, SIGN LANGUAGE, SWING DANCE, TAROT CARDS, INTERVIEWING, AND YOGA. AND VISIT WWWUMI.4/-H AC/MIN -COUSES UCA E E REGISTRATION STARTS SEPT. 24TH AND) RUNS UNTIL CLASSES BEGIN r qua l' DUBLIN, Ireland IRA offers to renew disarnament tks The Irish Republican Army offered yesterday to renew negotiations with disarmament officials, increasing chances that Britain would extend Northern Ireland's unraveling Catholic-Protestant government. -The outlawed IRA said in a state- ment it would resume talks with retired Canadian Gen. John de Chaste- lain, leader of a 4-year-old disarma- ment commission. The IRA broke off negotiations last month.. The IRA offered to "intensify the engagement" with de Chastelain "with a view to accelerating progress towards the comprehensive resolution of this issue." But as in all of its previous state- ments on the matter, the IRA offered. no assurance that it would ever allow de Chastelain's team to dismantle any weapons from the IRA's many secret arms bunkers. MOSCOW U.S. student's drug conviction upheld Russia's highest court yesterday upheld the conviction of U.S. student John Tobin, who served half of a one- year prison term for marijuana posses- sion before being freed and returning home last month. Tobin has denied the charges and pleadedi innocent at his trial in the southern city of Voronezh. Yesterday, Tobin's lawyer Maxim Bayev appealed the verdict to the Supreme Court, asking it to throw out the conviction for lack of evidence. The court ruled the evidence against Tobin was solid and the conviction must stand, court spokesman Nikolai Gastello said. Russian officials arrested Tobin, a 24-year-old Fulbright scholar, for pos- session on marijuana in January in Voronezh, where he was studying at a university. The case gained wide atten- tion after the Federal Security Service, the main successor to the KGB, said he was believed to be training to be a spy. BOSTON Drug helps prevent, delay kidney failure A type of drug already widely used to lower blood pressure can substan- tially delay and perhaps prevent kidney failure in diabetics, a discovery that could eliminate tens of thousands of new dialysis and transplant cases each year. Doctors found that the medicines, called angiotensin II receptor blockers, forestall complete kidney failure by about two years in diabetics with advanced kidney disease. They predict the effects will be even more dramatic in those with less severe kidney dam- age, potentially protecting them from ever reaching end-stage disease. Dr. Barry M. Brenner of Boston's Brigham and Women's Hospital calcu- lated that during the three years of his study, the drugs could have prevented 38,000 cases of kidney failure in the United States alone if all diabetics with kidney damage had taken them. - Compiled from Daily wire reports. 4 4 II JJl4I The Michigan Daily (ISSN 0745-967) is published Monday through Friday during the fall and winter terms by students at the University of Michigan. Subscriptions for fall term, starting in September, via U.S. mail are $100. Winter term (January through April) is $105, yearlong (September through April) is $180. On-campus subscriptions for fall term are $35. Subscriptions must be prepaid. The Michigan Daily is a member of The Associated Press and The Associated Collegiate Press. ADDRESS: The Michigan Daily, 420 Maynard St., Ann Arbor, Michigan 48109-1327. 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