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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Mar 18, 1986
Page
2
The dollar closed at 174.90 yen in Tokyo trade, posting a second straight day of record weakness. Prime Minister Yasuhiro Nakasone warned that the yen’s surge harms small and mid sized exporters and urged emergency measures.
North Korea accused a U S SR-71 reconnaissance plane of flying over its territory twice on Monday, marking the 24th intrusion since U S South Korea maneuvers began last month. The KCNA, monitored in Tokyo, cited the two passes at 12 08 p m and 1 51 p m, south of the Kangryong peninsula near the South Korean border.
The Commerce Department reports housing starts at a seasonally adjusted annual rate of 1.99 million, a 3.5 percent drop from January but still the second highest monthly total in two years. Northeast leads with an 18.1 percent rise, while overall starts remain 21.6 percent above a year ago. Mortgage rates hovering near 10 percent and below boost activity amid a broader housing boom.
In Geneva, OPEC ministers signal willingness to cut production without forcing non-OPEC rivals to join. They shift from defending a market share to enforcing quotas, aiming to stabilize prices near the current level around 110? per barrel. Saudi Arabia backs reinstating the ceiling amid prolonged talks on a common market approach.
New York officials say Soviet officials began preparations for renewed nuclear weapons tests. Classified intelligence indicates satellite photos show digging holes, suggesting test readiness by the Soviet Union.
The salvage ship USS Preserver returned from a third port call with debris and wreckage 100 feet down, fueling speculation that astronauts’ remains may be aboard. NASA officials refused to confirm any recovery, citing respect for the seven astronauts killed in the January 28 explosion.
Aiken Standard provides phone numbers for subscriptions 649-5316, classifieds 649-1555, news ideas 648-2311, display ads 648-2311, and customer service hours 5:30 p.m. to 7 p.m. weekdays and 8 a.m. to 10:30 a.m. Sundays. Office at 124 Rutland Drive open 8:30 a.m. to 5:30 p.m. weekdays. Mailing address Box 456, Aiken SC 29802. SUBSCRIPTION RATES
Emergency numbers provided as a service by the Aiken Standard appear in weekday afternoon updates for Aiken, South Carolina 29802. Second class postage.
AP reports both parties forecast victory as the House debates the President's plan to provide 100 million in military and economic aid to Nicaraguan rebels. Rep. Foley, the House whip, says the vote is conclusive for a win though not overwhelming, while Shultz says the administration's campaign is looking good after Reagan's televised appeal.
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