News on this Valentine's Day in 1994 ran the gamut. The ceasefire in Sarajevo was still holding, although fighting had broken out in Bosnia between Croats and Bosnian government troops. Still, the deadline was looming for weapons to be turned in.

A Trade War between the U.S. and Japan was looming as jitters ran through Wall Strett and the Yen came in at 105.67 to the U.S. Dollar. Japan was doing a wait-and-see if sanctions were going to be placed. The good economic news came in the form of a 3% growth in the economy projected for the rest of the year. Cause for cautious optimism at the White House.

Meanwhile, President Clinton was meeting with Kazakhstan President Nazarbayev over the Nuclear Proliferation Treaty which Kazakhstan just signed.

Israel and the PLO were meeting again for talks.

From Lillehamer and the 1994 Winter Olympics, Speed Skater Dan Jansen failed to win a medal, much to the shock of just about everyone. Speaking of Lillehamer, it was disclosed that 1/3 of Norway's Police force was milling around the Olympic Village and other key sites, adding a precautionary tone to the proceedings and not wanting, as they put it, to have "another Munich on their hands" (i.e. Munich 1972).

An 85 year old wanna-be sky-jacker fell a few thousand feet to his death when his parachute failed to open. His sons, assessing the news said it was "better he flamed out than rusted out". I would imagine he'd have a different take on it if asked.

And once again, Paul McCartney was called on to put the kabosh on rumors circulated by a British tabloid that the remaining Beatles were going to reunite. His terse summation as "rubbish" left that speculation cold.

And so lumbered on this Valentine's Day for 1994 as relayed by The CBS World News Roundup.