OPEC Stalemate Hints At Possible Gas Price Drop
OPEC producers face a stalemate over ending the world oil glut which could push gasoline prices lower by spring. Analysts warn the cartel may settle the dispute before any price war. Nigeria and other African nations blocked a price rise, delaying new talks in Geneva with no date set.
MENTIONED IN THIS ARTICLE
OPEC
Organization of Petroleum Exporting Countries
Geneva
Switzerland
Nigeria
Saudi Arabia
Conservative Plan Threatened by Pound Slide to New Low
The pound fell 3 cents to about $1.54 in London, marking a record low and heightening pressure on Prime Minister Margaret Thatcher. The Conservative Party faces renewed questions over its economic recovery plan amid Britain's deepest slump in 50 years.
MENTIONED IN THIS ARTICLE
London
Margaret Thatcher
Britain
U.S
Reagan backs Indian self determination on reservations
President Reagan says the administration will ease Indian plight by letting tribal governments resume control over their affairs and by promoting free enterprise on reservations to address economic hardship. The pledge was issued as the White House backs self rule for about 1.4 million American Indians.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Doctors say E T helps kids mental health despite scary scenes
U S child psychiatrists compare E T to The Wizard of Oz noting that though frightening, the film touches children. Dr Kenneth Robson of New England Medical Center Hospital Boston says it captures an important part of a child’s concern and may be beneficial for kids.
MENTIONED IN THIS ARTICLE
New York
U.S
Kenneth Robson
New England Medical Center Hospital
Boston
Riley tax reform would slightly benefit a four-person family
A family of four with a 17000 gross income a 5000 car and a 50000 house would come out a few dollars ahead under Gov. Dick Riley's plan. Tax Commission figures show a savings of 66.72 dollars according to chief researcher Gary Turner.
MENTIONED IN THIS ARTICLE
Columbia
Dick Riley
Tax Commission
Gary Turner
State Could Lose $607 Million Under Reagan Budget Cuts
A 135 page study from the American Federation of State, County and Municipal Employees and the AFL-CIO warns South Carolina could lose nearly 607 million dollars due to federal budget cuts under President Reagan. The report released on the eve of the State of the Union addresses outlines potential impacts across state and local government funding.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
Ronald Reagan
American Federation of State, County and Municipal Employees
Afl-Cio
State Action Sought To Boost South Carolina Industry
Lt Gov Mike Daniel told the Berkeley County Chamber in Goose Creek that SC must act to compete for industries. He proposed tax incentives and other steps to rekindle business and industrial growth across the state.
MENTIONED IN THIS ARTICLE
Goose Creek
South Carolina
Mike Daniel
Daniel
Berkeley County
Reagan To Unveil Priorities In State Of The Union
President Reagan will deliver the State of the Union before a joint session at 9 p.m. EST, outlining priorities for the second half of his term amid a tougher Congress and a deep recession. A White House official says there will be no rosy economic forecasts and that the address will seek a strong bipartisan appeal to address economic problems. The speech includes proposed measures such as a sub minimum wage for teens, delaying benefits cost of living increases, education savings tax breaks, fair housing renewals, and reduced medical costs.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Congress
White House
House
Senate
Larry Speakes
Howard H. Baker Jr
R-Tenn
Oval Office
Congress Eyes Repeal of Tax Indexing In 1980s Budget Plan
Congressional critics press to end automatic indexing designed to curb bracket creep in the 1985 tax rules. Sen. Russell Long and Sen. Howard Baker join warnings that indexing may worsen deficits, with potential $50 billion deficit-reduction impact if repealed. indexing would raise exemptions and widen brackets starting 1985 based on the CPI.
MENTIONED IN THIS ARTICLE
Washington
Congress
Russell B. Long
Senate
Long
Louisiana
Howard Baker
Ten
Nessee
Reagan
Kansas
Bob Dole
Finance Committee
Pope Revamps Church Laws In Canon Revision
Pope John Paul II issues a revised code of canons the first in 66 years, expanding rights for women and altering marriage annulment rules. The 1,780 canons may take a year to enter force after signing.
MENTIONED IN THIS ARTICLE
Vatican City
John Paul II
Vatican
Apostolic Palace
John XXIII
John Paul
Raymond L. Burke
U.S
Opponents urge PSC to block SCE&G rate hike
In Columbia, opponents led by Bob Guild of the Palmetto Alliance press the Public Service Commission to deny or shrink SCE&G’s 86.2 million dollar rate increase as hearings begin. The utility says the hike is needed to attract investors for the V C Summer Nuclear Station and maintain service.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina Electric & Gas Co
State Public Service Commission
Bob Guild
Palmetto Alliance
Guild
PSC
W.B. Timmerman
Sce&g
Midlands
Lowcountry
Timmerman
Commission
South Carolina
James Garner Receives Purple Heart In Standup Spotlight
Former Pvt James S Bumgarner now actor James Garner is awarded the Purple Heart by Maj Gen Llyle Barker at Lorimar Productions for Korea service with the 5th Regimental Combat Team. Garner, wounded April 23 1951, quips about the injury. Steve Reeves at 57 markets PowerWalking a new fitness method combining breathing and stride for leg training.
MENTIONED IN THIS ARTICLE
James S. Bumgarner
Korea
James Garner
Llyle Barker
Lorimar Productions
Garner
Steve Reeves
Reeves
Morgan the Pirate
Goliath and the Barbarians
Athena
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Robert Burns
Riley
Fense
United States
Australia
Pope John Paul II
Black Panther Party
Eldridge Cleaver
Oakland
Cleaver