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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Mar 30, 1979
Page
3
The Carter administration asks 1,300 largest corporations to report price data quarterly. The Council on Wage and Price Stability targets five high rise industries for closer monitoring and closes a loophole that let firms pass higher costs to consumers.
Union and industry report they are very close to a three year wage and fringe-benefit pact under relaxed inflation rules. Negotiators met with federal mediators until late Thursday and will resume talks Friday as the current 300000 workers contract expires at midnight Saturday.
A congressional study argues the Carter administration overstated the impact of the Iranian oil cutoff on the United States. It claims oil imports rose in February despite claims of a 500000 barrel a day shortage as Energy Secretary James R. Schlesinger faced questions and prepared to rebut the study in a House hearing.
In Baghdad the Arab conference to punish Egypt for Sadat's peace with Israel shows signs of breaking up as conservatives led by Saudi Arabia refuse to back harsh sanctions. Iraqi Foreign Minister Hammadi warns of a split if no agreement is reached and Tariq Aziz calls for decisive support.
Tanzanian forces and Agdanan exiles advanced to within eight miles of Kampala as residents fled. Diplomats in Nairobi said Kampala remained under Ugandan government control though gunfire and shelling limited by heavy rains were reported. Two children died when a shell hit near a cathedral in western Kampala.
John Arthur MacLean, 32, faces charges in a $1 million burglary and is suspected in up to 2000 East Coast thefts totaling about $125 million over six years. Investigators traced a police radio scanner and tuning crystals to MacLean via an alias Bob Frost, with a large March 16 arrest yielding over $1 million in gems furs and guns.
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