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News
NATO strikes Yugoslavia
March 24, 1999: 2:44 p.m. ET

First wave of NATO-led attacks features cruise missiles
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BELGRADE (CNNfn) - NATO launched a military strike against targets in Yugoslavia Wednesday, the first offensive action against a sovereign nation in NATO's 50-year history.
     The strikes began around 8 p.m. local time (2 p.m. ET) with a volley of cruise missile attacks.
     Explosions were heard around the Yugoslav capital of Belgrade and in Pristina, the provincial capital of Kosovo.
     Two orange explosions lit up the sky outside Belgrade in the direction of a military base. Pristina was plunged into darkness shortly afterward, and sporadic automatic weapons fire was heard across the city. The explosions came about 30 minutes after air raid sirens echoed throughout the city for the second time in the day.
     The attacks were launched after the Yugoslav government refused to sign on to an interim peace agreement for Kosovo.
     In a statement, President Clinton said NATO launched the attacks after it became clear there was no other way to resolve the crisis.
     "We and our NATO allies have taken this action only after extensive and repeated efforts to obtain a peaceful solution to the crisis in Kosovo," Clinton said. "But President Milosevic, who over the past decade started the terrible wars against Croatia and Bosnia, has again chosen aggression over peace.
     "He has violated the commitments that he, himself, made last fall to stop the brutal repression in Kosovo," Clinton added. "He has rejected the balanced and fair peace accords that our allies and partners, including Russia, proposed last month, a peace agreement that Kosovo's ethnic Albanians courageously accepted. Instead, his forces have intensified their attacks, burning down Kosovar Albanian villages and murdering civilians."
     The attacks appeared to have little effect on U.S. stock markets, with the Dow Jones industrial average trading at 9,644, down 27 points, almost the same level before the strikes were announced.
     For the latest on the attacks, turn to CNN.com
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.