Year End Economic Growth May Tighten Inflation Fight
Washington economist G William Miller, head of the Federal Reserve, warns 1978s strong late growth risks higher inflation next year. OPECs 14.5 percent oil price rise could raise 1979 inflation about 0.4 point, with recession risk still deemed unlikely. Dow slides to five week low as markets react.
MENTIONED IN THIS ARTICLE
Washington
G. William Miller
Federal Reserve Board
Miller
Organization of Petroleum Exporting Countries
United States
Wage and Price Agency
OPEC
Dow Jones
Skylab to Plunge Back to Earth and Scatter Debris
NASA abandons plans to rescue Skylab. Officials estimate the 85 ton station will disintegrate during uncontrolled re entry between mid 1979 and mid 1980, scattering up to 400 pieces over a 3,000 by 100 mile track, with most debris over water 75 percent of the time.
MENTIONED IN THIS ARTICLE
Washington
Earth
National Aeronautics and Space Administration
Space Agency
NASA
Heller Named To Lead State Development Board
Greenville Mayor Max Heller will resign and become chairman of the South Carolina Development Board. Governor-elect Richard Riley announced the choice saying Heller has industrial background, people skills, and financial knowhow. Heller will leave office January end. Greenville voters elect a new mayor in July.
MENTIONED IN THIS ARTICLE
Columbia
Greenville
Max Heller
State Development Board
Richard Riley
Heller
Riley
George Dean Johnson Jr
Spartanburg
Johnson
James B. Edwards
Development Board
Edwards
South Carolina Senate
Paris Swiss blackout leaves vast areas in the dark
An 8:30 a.m. outage hit France and parts of Switzerland, with about half of France’s 38,000 megawatts restored by 10:45 a.m. Hospitals operated on generators and Parisians evacuated from the Metro. Officials blamed a 400,000-volt line near Nancy and unusually cold temperatures for the failure.
MENTIONED IN THIS ARTICLE
Paris
France
Switzerland
Electricite de France
Power Company
Maurice Faure
Metro
New York
Nancy
Faure
Gandhi Ordered Jailed After Parliament Vote
In New Delhi the Indian Parliament lower house voted to jail former Prime Minister Indira Gandhi for a few days and to deprive her of her seat from last month's special election. Desai says the motion enforces law. Gandhi supporters clash with police as protests rise.
MENTIONED IN THIS ARTICLE
New Delhi
India
Indira Gandhi
Morarji Desai
Desai
Janata Party
Mrs Gandhi
Mrs. Gandhi
Jaycee Hut Break-In in North Augusta Reported
North Augusta public safety notes a break-in at the Jaycee Hut between December 12 and 18. Stolen items include a book of checks three walkie talkies and medallions valued at 68 dollars. total property loss 420 dollars.
MENTIONED IN THIS ARTICLE
North Augusta
Jaycee Hut
Also Mentioned on This Page
Aiken Standard
Aiken, D.C
Skylab
Jeannie Lancaster
Justerini & Brooks
Gandhi
Scotland
Ata
J&b
Continental
Paddington Corp
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