PTL assets near sale to Canadian firm for 113 million
The PTL bankruptcy trustee tentatively agrees to sell Heritage USA theme park in Fort Mill South Carolina the PTL TV network and 1700 undeveloped acres to Samoth Capital Corp of Canada for 113 million. The deal requires approval from U.S. Bankruptcy Judge Rufus Reynolds in Columbia South Carolina.
MENTIONED IN THIS ARTICLE
Charlotte
N.C
PTL
Samoth Capital Corp
M.C
Red” Benton
Heritage USA Christian
Fort Mill
S.C
Byrd offers 27 million aid for Nicaraguan Contras
Senate Majority Leader Byrd proposed a 27 million humanitarian aid package for Nicaragua's Contras as an amendment to a Pentagon bill but failed to win Republican backing. Republicans planned to meet Monday to weigh the measure, hoping for a bipartisan compromise after two days of talks.
MENTIONED IN THIS ARTICLE
Washington
Senate
Robert Byrd
Nicaragua
Pentagon
GOP
Byrd
Senate OKs Aegis sale to Japan amid defense budget clash
The Senate approved a 75 to 20 vote allowing Japan to buy four Aegis air defense systems at about 526 million dollars each to patrol western Pacific sea lanes, despite earlier terms tying sales to U.S. ship purchases. Separately, the chamber rejected a 500 million dollar boost for the Star Wars missile defense program in the new fiscal year.
MENTIONED IN THIS ARTICLE
Senate
Japan
Washington
Pacific Ocean
Reagan
Chamber
Bomb injures four at British barracks in West Germany
A bomb at a British Army barracks in West Germany wounded three soldiers and a civilian. Investigators suspect the Irish Republican Army staged the attack as it stakes plans to intensify actions ahead of Northern Ireland 1969 anniversary observations.
MENTIONED IN THIS ARTICLE
Bonn
West Germany
Irish Republican Army
IRA
Northern Ireland
Moscow deserter sentenced to death for Nazi killings
A military court in Kharkov found former Red Army sergeant A A Posevin guilty of murdering thousands while serving Nazi Germany. Posevin allegedly personally killed 330 people in 1942 43 and commanded a battalion that killed 4 000 people. The Tass agency reported the death sentence.
MENTIONED IN THIS ARTICLE
Moscow
Red Army
Tass
A.A. Posevin
Kharkov
Government rebukes Rust for Moscow flight
The West German government publicly rebuked Mathias Rust on Friday for not showing enough remorse over his daring flight to Moscow. Foreign minister and spokesman criticized the stunt, calling it huge stupidity and warning other young pilots not to imitate it.
MENTIONED IN THIS ARTICLE
Bonn
West Germany
Mathias Rust
Moscow
Norbert Schaefer
Rust
Magnitude 7.3 Earthquake Near Burma India Border
A major quake struck the Burma India border about 230 miles northwest of Mandalay at 7 36 p m CDT. The USGS reports a 7 3 magnitude with no immediate reports of injuries or deaths. Geophysicist Waverly Person provided the figure.
MENTIONED IN THIS ARTICLE
Golden
Colo
Burma-India
Mandalay
U.S. Geological Survey
National
James Baker Out Nicholas Brady In at Treasury
President Reagan announced James Baker III will resign as Treasury secretary to join George H. W. Bush’s presidential campaign. Reagan nominated Nicholas Brady to succeed Baker, with Brady’s Senate confirmation forthcoming. Baker’s departure is set for Aug. 17 in New Orleans.
MENTIONED IN THIS ARTICLE
Washington
Treasury
James Baker III
George Bush
Reagan
Baker
Wall Street
Nicholas Brady
Jim Baker
Bush
White House
Brady
United States
New Orleans
Senate
James Baker
Global report cites 200000 child soldiers in conflicts
A U N human rights briefing in Geneva cites about 200000 children under arms worldwide. Many are forcibly recruited. some are urged by parents for food, jobs, or death benefits. The report details brutal training, misuse, and forced participation across Afghanistan, Nicaragua, El Salvador, Guatemala, Iran, and South Africa's Namibia.
MENTIONED IN THIS ARTICLE
Geneva
U.N
Friends World Committee For Consultation
U.N. Sub-Commission On Prevention of Discrimination and Protection
U.N. Human Rights Commission
Afghanistan
Nicaragua
Contra
el Salvador
Iran
South Africa
South-West Africa
Namibia
Violence rise feared in marijuana fields on forests
A U S Forest Service report warns violence could grow as illegal operators expand marijuana cultivation in national forests, especially in Oregon and California. Brokers finance and subcontract growers, avoiding contact with sites. crews hire locals or illegal aliens at about 200 a day. Despite destroying over 1 billion in 1987, 800000 acres remain effectively closed amid clashes with the public and authorities.
MENTIONED IN THIS ARTICLE
Washington
U.S. Forest Service
Agriculture Department
Oregon
California
Forest Service
Ron Wyden
D-Ore
Biaggi Resigns From Congress After Guilty Verdicts
New York Democrat Mario Biaggi resigns from the House effective immediately amid a racketeering extortion verdict and related charges. He tearfully announced his withdrawal from a 11th term as constituents watched, with family present and plaques in the background. His son Richard was convicted on bribery and mail fraud charges in a separate case.
MENTIONED IN THIS ARTICLE
Los Angeles Times
NEW York
Mario Biaggi
D-N.y
Biaggi
House of Representatives
Wedtech
Richard
Thornburgh criticizes prosecutor’s conduct at hearings
General nominee Rich ard Thornburgh says a special prosecutor acted unethically for claiming Edwin Meese III likely committed crimes yet faced no charges. He defends the probe and says he will push to reveal a 1975 drug trafficking report and prioritizes narcotics, organized crime, and public corruption crackdowns.
MENTIONED IN THIS ARTICLE
Gazette Wire Services
Washington
Richard Thornburgh
Edwin Meese III
Meese
Pennsylvania
James McKay
Thornburgh
Senate Judiciary Committee
Congress
Justice Department
U.S
Wall Street Journal
Harvard Institute of Politics
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Bush Campaign
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South Bronx
Bronx
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Cityline
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Sports On TV Today
Midwest
Dubuque Greyhounds
Quad City Downs
KCRG
Des Moines
Chicago
Milwaukee
Minneapolis
Kansas City
St. Louis
St. Luke’s
ISU
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