IMF plan to sell IMF gold to aid developing nations
Paris reports that finance ministers from ten leading nations agreed to IMF gold sales at market prices to fund development aid. About 25 million ounces could be sold, with one ninth of holdings returned to contributing nations. Sale could begin after IMF committee meeting in Jamaica. legal questions remain.
MENTIONED IN THIS ARTICLE
Paris
Alan
International Monetary Fund
Associated Press
Mr Healey
Fourcade
IMF
Jamaica
U turns on Chrysler plan as Britain rejects bailout offer
In Detroit on Friday John Riccardo, chairman of Chrysler, offered to give the British subsidiary to Britain for nothing plus about 5454.6 million in severance. Britain then reversed, proposing a 260.8 million equity injection instead to avoid government ownership. Chrysler said it did not want bailout funds. Separately, US living costs rose 0.7 percent in November per the Labour Department with real earnings up 0.7 percent.
MENTIONED IN THIS ARTICLE
Detroit
Aap-Reuter
US Chryser Corporation
John Riccardo
Britain
Chrysler
British Leyland
Washington
United States
Labour Department
United Press International
Consumers set buying price for oil
Paris reports major oil buyers agreed on a floor price of seven dollars per barrel for imported oil to back investments in new energy resources and Western industry. The plan, backed by the International Energy Agency, seeks government undertakings not to sell below this level, and awaits formal approval by member governments.
MENTIONED IN THIS ARTICLE
Paris
Aapreuter
Etienne Pavignon
International Energy Agency
North Sea
Davignon
IEA
Compromise on oil sought by OPEC ministers in Vienna
OPEC nations met at its Vienna HQ to craft a coordinated policy to curb price differentials that boost costs for high grade or transport advantages. Iraq urged restraint amid heated debate with Kuwait Saudi Arabia and Algeria while ministers weigh efforts to end long standing differential anomalies and stop oil company profiteering from disunity.
MENTIONED IN THIS ARTICLE
Organision of
OPEC
Vienna
Traq
Snme
Sasi
Tayeh
Abdu- Karim
Kuwait
Saudi Arabia
Interior
Jamshid Amouregar
Preevitieng World
OPPC
US beef imports to rise under 1964 quota rules
US government confirms higher quota allocations will lift imports from Australia and New Zealand by about 4.2 percent next year under the 1964 beef quota system. The forecasted 1976 allocations show Canada and the United States suspending certain restrictions on cross border beef trade, according to officials. Australia typically supplies about half of quota beef while New Zealand holds second place, with total imports rising to around 7,928 tonnes versus 535,248 tonnes this year.
MENTIONED IN THIS ARTICLE
Washington
Australia
New Zealand
Associated Press
Newsland
Canada
United
Cuban bankers hail celebration as premier Cuba loan deal seals trust
Western and socialist bankers from London to Moscow attended four days of festivities in Havana honoring Cuba’s National Bank. A vast loan agreement totaling about 350 million DM and 105.8 million dollars was signed by two dozen financiers, signaling strong international interest despite Wall Street’s absence.
MENTIONED IN THIS ARTICLE
Gurely
Havane
I del Castro
Che Guevara
Communist Party
London
Paris
Rome
Amserdam
Zurich
Britain
Jamaica
Cannade
Venezuela
Algveria
Sosbank
Moscow
Comecon
National Bank of
Cuba
Wall Street
Cathedral Sqn
Deorthos
Cubs
Pres Dent Corticos
Cubans show off economy as sugar prices rise
Bankers and officials observe Cuba's cautiously improving economy amid higher sugar export revenue, a growing trade surplus, and reorganized planning. Cuba remains heavily reliant on sugar and imports, with external borrowing limited and a strong push to diversify, invest, and boost productivity while balancing optimism with caution.
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Urd
Johannes Witteveen
Healey
K Fourcade
Ee As
SAO
Seiss.cer
Allowrie Soft Gold
Rel
Anegep
Ras Eiute
Woolworths
Woolworths Round
Devone Discount
Tasman Sea
Mori & Premure
Claud
Ralofet
Dranges Murs
Arnotts Jatz Biscuits
Rejon Wien
Maxdersie
Cain
Warre
John Linn
Smoky Cape
Wilcan
Yeuerday’s
Catherre
Brisbane
Adelaide
Perth
Darwin
Sarerdap
Canherre Sndevey
Fern
Hobart
The
Tehe Beriey Griff Lin Modersie
Pourheas Pet Ome
Fom
Owen
Mae
Iraq
Algeria
Valentin Hermindes-Acosiak
Artment
Indica
Lombard Street
London Interbank
Exporia
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Wget Croop
Castro
Soviet Union
Cube
Kim Il Sung
Wgime
North Korea
Corticos
Saper
Havana
Theseas
China
Seema
Lee
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