Lawmakers Reach Accord on Budget and Contra Aid
Congressional and White House negotiators report a tentative agreement on about 8 million dollars in non military aid to Nicaragua's contras, plus funding for federal agencies and tax increases totaling 23 billion dollars over two years. The pact limits arms deliveries, specifies CIA involvement, and awaits final paper approval from leaders and the president.
MENTIONED IN THIS ARTICLE
Washington
Congressional
White House
Congress
House
Senate
Warren Rudman
R-N.h
Ted Stevens
Alaska
Reagan
Central Intelligence Agency
Jim Wright
D-Texas
Nicaragua
Wright
Federal Communications Commission
U S and China Agree to Limit Textile Trade
The United States and China announced a four year pact to cap growth in Chinese textiles and clothing imports at three percent annually. Officials say the deal follows earlier limits with Japan, South Korea, Hong Kong and Taiwan and targets surge concerns while China remains the top exporter to the United States.
MENTIONED IN THIS ARTICLE
Washington
U.S
Clayton Yeutter
Congress
China
United States
Japan
South Korea
Hong Kong
Taiwan
Yeutter
Correction: Rival crackpots miss ad due to delivery delay
The rival crackpots advertised at 16.88 in today’s Jacks flier did not arrive in time due to the manufacturer’s delivery failure. Rain checks will be issued and the product is expected to arrive on Wednesday, December 23. We apologize for the inconvenience to customers.
Court upholds acquittals in pope assassination plot case
An Italian appeals court confirmed the acquittals of three Turks and three Bulgarians accused of plotting to kill Pope John Paul II in 1981. The prosecutor acknowledged lack of conclusive evidence of a conspiracy and did not pursue convictions. Mehmet Ali Agca remain uncalled for new testimony.
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Pope
Rome
John Paul II
Mehmet Ali Agca
St. Peter’s Square
Antonio Albano
Texaco Pennzoil end bitter legal battle with 3 billion payment
Texaco agrees to pay Pennzoil 3 billion as part of a 5.5 billion bankruptcy restructuring to drop a 10.3 billion judgment. The plan seeks to emerge from Chapter 11 and maximize shareholder value with creditors and committees backing it.
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New York
Texaco Inc
Pennzoil Co
Texaco
Pennzoil
James Kinnear
J. Hugh
Liedtke
Getty Oil
Getty
White Plains
N.Y
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