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News and Current Affairs.
Main Stories:
The New Zealand Futures Exchange tonight acknowledged that overseas institutions may have tried to manipulate the New Zealand market. The comments came in the wake of the default by a futures broker, and its overseas client, on a payment required by the exchange. The broker was suspended, but the Exchange is trying to enforce the legal obligations of the defaulting client. Speakers: Colin Giffney (Jordan Sandman Futures), Pat Jackson (Citibank), Gavin Kennedy (Futures Exchange Chairman).
When a small town sharebroking firm went broke in the 1987 sharemarket crash it took a number of small investors down with it; not people tied up in risky share deals, but people who thought they were making blue chip investments. They say a gap in the law made them victims of the collapse and are calling on the Government to fix it. Speakers: Les & Carol Ross, Bebe Douglas, Bill Sewell (Dunderdale Sewell and Green), Bill Jeffries (Justice Minister).
The writing appears to be on the wall for the Communist regime in Czechoslovakia and it seems inevitable the Government will bow to some of the demands being heard resoundingly from the streets. A report on developments there.
Proceedings in the British House of Commons were broadcast live today. Two reports.
Other Stories:
Tauranga Police have called in DSIR scientists and a pathologist as they try to find out how English tourist Monica Cantwell was killed. Her body was found today, hidden in scrub on Mount Maunganui. Speaker: Jess Anthony (Mt Maunganui Information Office).
Tonight the Youth Hostels Association (YHA) has warned young backpackers about the dangers of travelling in New Zealand. The warning is prompted by the murder of Cantwell and the disappearance of the Swedish tourists Urban Hoglin and Heidi Paakkonen.
Rebels in El Salvador have taken United States military advisors hostage, incensing President Bush.
There’s been a new development in the Milton Harris fraud case, with an Auckland man appearing in court. Police say Nicholas Dibble lied when he claimed in a sworn statement that Harris fell off the Cook Strait ferry.
Parliament has scrapped the last remaining provision for use of the death penalty.