Pentagon proposes boosting Israel arms credits by 300 million
The Pentagon asks for 1.7 billion in foreign military credit to Israel for fiscal 1983, up from Israel’s request of 1.9 billion. Despite anger over Israel’s Golan Heights move and Reagan halting a strategic pact, officials say the decision was made before the annexation incident. Officials warn against punishing Israel with arms cuts, stressing mutual security interests amid broader budget cuts and defense buildup debates.
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Washington
U.S
Israel
Golan Heights
Pentagon
Syria
Reagan
Administration
David A. Stockman
Congress
Menachem Begin
United States
Sinai
Defense Department
Stock Prices Down Again on Wall Street
The Dow fell to a five week low after a second straight loss amid sluggish holiday trading. Republic Financial Services jumped 4 points after revealing it retained Goldman, Sachs & Co to evaluate merger offers. Sargent-Welch slid 544 as merger talks with Central Jersey Industries ended.
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NEW York
Wall Street
New York Stock Exchange
Republic Financial Services
Goldman, Sachs & Co
Sargent-Welch Scientific
Central Jersey Industries Inc
Standard & Poor
S&p
Judge Upholds Village Ban on Handguns in Morton Grove
A federal judge backed Morton Grove Illinois ban on handgun sale and possession, ruling it constitutional under state powers. The decision cites Presser v Illinois and sets a nationwide tone, fueling appeals by NRA opponents while supporters hail a turning point for local gun control actions.
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Chicago
Morton Grove
National Rifle Association
U.S
Bernard Decker
Decker
U.S. Supreme Court
Presser
Illinois
Neil Cashman
NEW York
Cecio
Supreme Court
Congress
NRA
Washington
John Aquilino
Mike Null
Mike Beard
National Coalition To
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