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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 23, 1971
Page
3
The U S dollar showed unexpected strength as Europe opened after Nixon's monetary policy move. In London Zurich and Brussels declines were minor while turnover stayed tight. Traders cited uncertainty as the market adjusts to 27 years without a unified rule set.
Stocks moved higher in New York as the dollar loosened from gold, aiding exports. Currency volatility hit Tokyo and Frankfurt while Italy and France opened mixed exchange rates. Analysts warned sustained gains depend on ongoing dollar sales and balance of trade outcomes.
Fort Meade Maryland AP report describes Major Carroll Tichenor alleging Col. Oran Henderson hid or failed to report evidence of massacres at My Lai on March 16 1968. Prosecutor says Henderson ignored three helicopter reports of indiscriminate killing and did not initiate an investigation. Defense emphasizes believability of army investigators and notes Henderson commanded the brigade involved in the operation. Henderson faces up to six years if convicted.
Belfast AP reports two British soldiers on sentry duty were killed by a sniper. One trooper died en route to a hospital. Earlier a Catholic civilian wounded in a gun battle with British troops two weeks earlier died in a hospital.
U S Ambassador Bunker met President Thieu in Saigon after Vice-President Ky refused to run, labeling the Oct 3 election a farce. Ky proposed a fresh start with Thieu resigning to trigger a new vote, while Nixon and the court moves were cited as trying to legitimize a prearranged outcome.
Civil rights era floods in South Africa claim at least 83 lives across the Eastern Cape and Natal provinces. Reports say the disaster follows two days of heavy rains along a 7,000 mile coastal stretch, with authorities noting widespread damage and ongoing rescue efforts.
Cairo reports a student attempted to hijack a United Arab Airlines flight carrying 90 passengers to Israel. The assailant was overpowered by the plane's armed guards, according to the semi official newspaper AYAhram.
The Big Four ambassadors completed a draft Berlin agreement and will seek approval from their governments. Kenneth Rush and Pyotr Abrasimov announced a cooperative progress on access between West and East Berlin, West German presence, and Soviet representation. The document marks a potential historic turning point after decades of Cold War stalemate.
Lifeguards report rescuing more than 1,200 people over the weekend as huge waves pounded southern California beaches. Over a million beachgoers were present Sunday, with a 10 foot surf at Zuma Beach and eight foot waves at Huntington and San Clemente. Authorities attributed the swells to a South Pacific storm.
Athens AP reports the carrier Saratoga sprung a leak in the eastern Mediterranean during the weekend and the U S Navy said it returned to base on Monday for repair and inspection.
A woman celebrating her seventh wedding anniversary was asked if she had ever considered divorce during the 25 years together. She replied, No, only mey hem. Comrriare rn.
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