New Economic Policy Brings Its Own Problems
The Nixon plan faces labor opposition over freezes on wages and profits, with critics from labor unions and economists arguing inequities. Mortgage rates and savings behavior threaten housing finance, while how to wind down the 90 day freeze remains unsettled. Internationally, European and Japanese objections to surcharges and currency relations add pressure.
MENTIONED IN THIS ARTICLE
New York
George Meany
Afl-Cio
National Chamber of Commerce
Nixon
Savings and Loan Associations
Europe
Japan
U.S
GIs at Quant Tri Accused in Assault on Vietnamese Soldier
Four American soldiers at Quant Tri base near the DMZ are jailed after beating a Vietnamese captive found with items they alleged were stolen. The incident occurred Monday in the U.S. sector. the ARVN unit member sustained minor injuries and was hospitalized.
TV 9 Eyewitness News Previews 5:30 Informed Start
Local TV segment promotes early 5 30 briefing with EyeWitness News airing Mondays through Saturdays warning viewers not to wait and to stay informed at the earlier time Marketed as a concise newsroom teaser highlighting the shift in schedule and daily coverage aims.
MENTIONED IN THIS ARTICLE
TV 9 Eyewitness News
Papadopoulos reshapes Greek cabinet to loosen hard liners
Premier George Papadopoulos named a new Greek cabinet in a sweeping shakeup of the military regime. He kept defense and foreign affairs, elevated Stylianos Pakatsos and Nicholas Makarezos as deputies, and removed interior and economic ministries from their control. General Zoetakis said the move signals liberalization and strengthened Papadopoulos.
MENTIONED IN THIS ARTICLE
Athens
George Papadopoulos
Stylianos Patacos
Nicholas Makarezos
Papadopoulos
George Zoetakis
Zoetakis
Norfolk Edict On Busing Is Freeze Victim
Federal judge lifts order for a larger busing plan in Norfolk due to Nixon wage price freeze. School board may use last year desegregation plan with 11,500 pupils. funding and transit firm constraints prevent increases. Judge said order stands only while conditions change and fare impact remains blocked.
MENTIONED IN THIS ARTICLE
Norfolk, Va
Norfolk
Nixon
John MacKenzie
MacKenzie
MacKeniie
Virginia Transit Co
Freeze questions clarify wage price rules for Americans abroad
The Cost of Living Council issued its sixth Q and A on Nixon's 90 day wage price freeze. It covers whether U.S. incorporated firms abroad are bound, workmen compensation, broker fees, family owned businesses, definitions of wages, shortened work days and overtime, fringe benefits, room and board, travel agents, and price changes with quantity discounts.
MENTIONED IN THIS ARTICLE
Washington
Cost of Living Council
Nixon
U.S
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