U N Issues Embargo as Markets React
U N imposes an embargo amid market plummet. Kuwaitis in Athens react, Americans rounded up, Turkey closes pipeline, and Fort Bragg goes on alert as tensions rise.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 07, 1990
Page
1
U N imposes an embargo amid market plummet. Kuwaitis in Athens react, Americans rounded up, Turkey closes pipeline, and Fort Bragg goes on alert as tensions rise.
Washington reports President Bush saying the world is united to halt Iraq’s aggression as Pentagon sources indicate U.S. warships are within range to launch air strikes across the Persian Gulf or against Iraqi targets. Thatcher and Mulroney floated a naval blockade if UN sanctions fail, as White House discusses military options.
Bluefield area stations report rising fuel costs as Iraq's invasion of Kuwait prompts possible nationwide price jumps. Officials say pumps have increased four to twelve cents already with more likely on the way and local stores anticipate higher margins after next shipments.
A Dallas police officer, Senior Cpl. Joe Copeland, 26, was slightly injured when his patrol car was rear ended on the freeway. The driver of the other car was Copeland's mother, and three relatives were slightly hurt but remained in their vehicles until more officers arrived. The mother asked to relay a message to her son that she had been in an accident.
A draft report to the president says applying existing medical ability could save 10,000 babies each year and spare 100,000 from disability, a 25 percent reduction. It notes many pregnant women miss needed care due to costs, access, or difficulty filling government forms.
Partly sunny today with a high in the lower 70s per National Weather Service. tonight, partly cloudy with a low in the lower 60s. Weather package A-8.
GTE South files for more than 10 million in rate increases with the West Virginia Public Service Commission. Division manager Tom Morris says earnings in West Virginia have deteriorated and the rise is needed to support current investments and planned improvements. If approved, monthly single-line residential rates would rise from 15.65 17.45 or 18.95 to 26.50.
GTE South division manager Tom Morris says current earnings fall short of Commission authorization and do not cover ongoing investments in West Virginia. Proposed rate increases would raise the service plan from 7 to 10.35 dollars and basic calling from 7.50 to 10.85. Regulators may take until mid 1991 to decide, with final rates likely somewhere between current and approved levels. GTE aims to earn 10.03 million to meet the authorized return, as the company continues its modernization, having invested over 43.2 million from 1987 to 1989 and planning 38.5 million more for 1990–1992.
Mercer County faces questions over unpaid interest estimated between 110000 and 121400 dollars claimed by the county board of education. An audit says 121413.81 dollars is owed for 1986 87, but commissioner Ray Bragg disputes the liability, while negotiations continue led by the county prosecutor and board treasurer Jim Leslie says it has not yet been resolved.
Former West Virginia Governor Arch A Moore Jr begins a five year 10 month federal term at Maxwell Air Force Base near Montgomery Alabama, turning in his $1000 suits for prison garb after a federal appeals court refused to stay bond pending his appeal. Also on Monday state Attorney General Roger W Tompkins filed suit in federal court to recover at least $4 million Moore allegedly obtained while governor and campaigning.
Ricky Don White says his father Roscoe White joined Dallas police in 1963 and, with two CIA operatives, killed President Kennedy and later Dallas officer J D Tippit. CIA and FBI deny the allegations as not credible. The Warren Commission found Oswald acted alone.
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