Reagan Addresses Economy After Market Turmoil Report
President Reagan outlines his view of the economy in a Cleveland talk and Q A session amid the October stock plunge and a presidential panel's proposed financial regulations. The Brady panel urged Fed coordination and circuit breaker tweaks while markets moved with mixed signals and job data.
MENTIONED IN THIS ARTICLE
Washington
Reagan
City Club
Cleveland
White House
Marlin Fitzwater
Presidential
Labor Department
U.S
Nicholas Brady
Federal Reserve Board
New York
Chicago
New York Stock Exchange
John Phelan
NBCTV
Phelan
City Club Exchange
George Voinovich
Howard Metzenbaum
Voinovich
Indicted Governor's Retort Riles Arizona Legislators
Governor Evan Mecham blasted his indictment as political persecution as Republicans deride the move on the eve of the 1988 session. He pledged to open with a State of the State address and dismisses calls to resign amid recall and controversy over MLK Day, appointments, and civil rights matters.
MENTIONED IN THIS ARTICLE
Phoenix
Mecham
Bob Corbin
Corbin
Martin Luther King Jr
Commission urges non nuclear weapons focus for security
Washington AP. A 13 member Commission on Long Term Strategy urges reducing emphasis on nuclear weapon development and prioritizing precise non nuclear weapons for regional conflicts. The 69 page report proposes strategic defense and cites deterrence without full Star Wars endorsement.
MENTIONED IN THIS ARTICLE
Commission
Washington
United States
Reagan
Defense
Frank Carlucci
National Security
Colin Powell
Third World
Fred C. Tkle
Advisory Commission
Nist
Foreign Firms Have Advantage In U S Takeovers
A GAO report says British German Japanese firms gain in U S takeovers due to favorable accounting and tax on goodwill. It notes ability to outbid U S firms and deduct goodwill costs for tax benefits, referencing BP's $7.5 billion purchase of Standard Oil and other British buys. The Dec 28 dated study was distributed this week.
MENTIONED IN THIS ARTICLE
Washington
Britain
West Germany
Japan
General Accounting Office
Congress
U.S
Allan I. Mendelowitz
GAO
Richard T. Schulze
Subcommittee
House
Ways and Means Committee
Also Mentioned on This Page
Nancy Reagan
Inc.c
Bill Harley
Augusta
Px Heritage Square
Ikle
Albert Wohlstetter
Pan Hueristics
California
Defense Department
British Petroleum
Standard Oil Co
Hanson Trust
Kidde Inc
Blue Arrow
Manpower Inc
Best Buy
AAC
Iesmerican
York ST
Crosland Park
Heritage Square
Whiskey RD
Triangle Village
Lexington
5.C
Feryurrre
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