President Clinton was to call for a meeting of key world finance ministers and central bankers to discuss the worldwide financial crisis, a White House official said. The proposals were expected to come during a speech in New York to the Council on Foreign Relations. A spokesman for British Prime Minister Tony Blair, current chairman of the Group of Seven, was quoted as saying a special G7 meeting was possible but would not take place before a finance-ministers meeting in Washington Oct. 3. Meanwhile, Newsweek magazine said Clinton would declare sometime this week US support for further use of International Monetary Fund reserves to firm up markets in Latin America.
The full House is likely to vote on the question of a formal impeachment inquiry in the next few weeks, congressional officials said. Republicans and Democrats said it appeared the full House would vote on the question before the November elections. The Judiciary Committee must first decide whether enough evidence exists to go forward with impeachment proceedings. If a majority decides in the affirmative, the panel of 21 Republicans and 16 Democrats will forward the recommendation to the full House. If a majority agrees, it will authorize a full inquiry by the committee, which could take months.
Voters in eight states and the District of Columbia go to the polls today to set the stage for midterm elections Nov. 3. Connecticut, Maryland, Massachusetts, Minnesota, New York, Rhode Island, and Washington are choosing candidates for governor, Congress, state legislatures, and lesser offices. North Carolina is selecting House candidates; the District of Columbia is picking candidates to replace outgoing Mayor Marion Barry.
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