Fed may curb credit to slow inflation risks
AP Business Analyst John Cunniff says the Fed may accept a credit crunch to rein in an economy swelling beyond its frame. The central bank hiked the discount rate to 5.50 percent and kept deposit-rate signals unchanged, risking tighter money and a potential recession. The situation mirrors inflationary demand and corporate and consumer borrowing near record highs.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Federal Reserve
Fed
United States
Cabinda Oil Drive Buzzes in Africa's Portuguese Enclave
Cabinda, a tropical enclave between the Congo regions, becomes a focal point as Gulf Oil ships the first crude load from the area. Prospects suggest Cabinda could meet large future oil needs, with offshore and inland drilling ongoing and plans to boost exports from Angola's fields nearby.
MENTIONED IN THIS ARTICLE
Liston
Portugal
West Africa
Cabinda
Congo River
Terrtory
Angola
Gulf Oil Co
Denmark
Africa
Middle East
South Atlantic Ocean
Trans
Cabindan
Landana
Angol
Petrangel
Luanda
Gulf
Barbara Streisand and Sid Poitier Lead National Theater Owners Awards
Barbara Streisand and Sidney Poitier were named Star of the Year by the National Association of Theater Owners at their convention. British actress Carol White won Most Promising New Female Star for Poor Cow. Streisand earned her honor for Punny Girl debut performance.
MENTIONED IN THIS ARTICLE
Barb
Sid
San Francisco
Barbara Streisand
Sidney Poitier
National Association of Theater Owners
Carol White
Miss Streisand
What Was Christmas Like in The Old Days
HAL BOYLE recalls Christmas childhood memories in a Q and A style with a father figure. He describes scarce oranges and coal in stockings, homemade tree decorations, a large family Christmas meal, and shared simple gifts, ending with the child joking about waking to coal on Christmas morning.
MENTIONED IN THIS ARTICLE
Hal Boyle
New York
Santa Claus
Palance Says Hollywood Snubs Him for Che Role
Jack Palance says Hollywood dislikes him for his Fidel Castro portrayal in Che. He cites career choices and a rash during filming, noting his beard differs from Castro's and joking about making films in Europe. Palance defends the role as sincere and discusses anti Castro sentiment in U.S. policy.
MENTIONED IN THIS ARTICLE
Bob Intimas
Associated Press
Hollywood (Ap
Jack Palance
Fidel Castro
Che
Frank
Puerto Rico
2Th Century Fox Ranch
Castro
Palance
Omar Sharif
Cuba
Batista
U.S
Agriculture Men Stop Diseases Pests At Borders
Agriculture Department quarantine inspectors stopped many potentially dangerous items at ports last year. They seized foreign meat and plant pests found in travelers baggage cargo mail ship stores and air cargo. An optimistic smuggler hid strawberry plants under her miniskirt and a traveler at JFK carried wormy looking chocolate that proved to be infested figs. The agency will use micro biological criteria to evaluate slaughtering and processing plants to supplement sanitation checks under federal meat and poultry inspection.
MENTIONED IN THIS ARTICLE
Richard P. Powers
Associated Press
Washington (Ap
Agriculture Department
Department
San Ysidro
Calif
New York
John F. Kennedy
Washington
Agriculure Department
Consumer and Marketing Service
Meat and Poultry
Agricultural co‑ops in the Netherlands grow since 1886
The Netherlands has less than eight percent forest cover. The first agricultural cooperative society was founded in 1886 and there are now more than 4 000 such cooperatives across the country.
MENTIONED IN THIS ARTICLE
Gul
Cabindan
Malembo
Netherlands
Also Mentioned on This Page
Johnson
Jack Kent
Santa Turkee
Rae Ny
Spirit OF
Strang
C’khow
Santa US
Baytown
Texas
Hollywood
David Kane
Henriot
Demgadens
TOMS
Farmer Brown
Weingarten’s
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!