Simon Sees Upturn in 3rd Quarter
Washington AP Treasury Secretary William Simon expects the economy to turn up in the final quarter of the year, revising earlier forecasts that predicted recovery in the second half. He cites the Arab oil embargo as a major drag and warns against an overzealous rebound. Ford announces over 1,000 new layoffs as the Fed signals cautious easing to spur recovery.
MENTIONED IN THIS ARTICLE
Washington
Treasury
William Simon
Simon
Congress
Detroit
Ford Motor Co
Arthur Burns
Federal Reserve Board
U S Site in Ethiopia Hit By Gunfire
In Asmara a U S communications station came under gunfire after Eritrean rebels launched a mortar and rocket assault on Ethiopian military HQs. All 100 U S personnel are safe as families and others evacuate. Civil war toll exceeds 1000 with ongoing fighting and cut utilities.
MENTIONED IN THIS ARTICLE
Addis Ababa
U.S
Asmara
Eritrea
CIA Upheld on Book Deletions
An appeals court ruled the CIA may temporarily suppress classified material in a book by Victor Marchetti and John D. Marks. The Fourth Circuit reversed a district ruling, saying 168 deletions need not be proved improperly excised and ordered retrial under new standards.
MENTIONED IN THIS ARTICLE
Washington
Central Intelligence Agency
Fourth
U.S. Circuit Court of Appeals
Victor Marchetti
John D. Marks
U.S
Albert Bryan
Bryan
Bonn Irked by Waldheim Visit To East Berlin
U N secretary general Kurt Waldheim angered West German officials by visiting East Berlin directly, bypassing West Berlin. Bonn argued the route reinforced East German claims East Berlin is its capital, while allies deem the city occupied territory. Waldheim is the first secretary general to visit Berlin while in office.
MENTIONED IN THIS ARTICLE
Bonn
Waldheim
East Berlin
West Germany
East Germany
U.N
Berlin
Major Oil Shale Deposit Found Between Brunswick and Wolfsburg
Officials in West Germany report a vast oil shale discovery on the North German plain between Brunswick and Wolfsburg, about 20 miles apart, uncovered during rapid transit construction. The deposit is estimated at about two billion tons, and oil shale is rock from which oil can be distilled.
MENTIONED IN THIS ARTICLE
Brunswick
Germany
Europe
North German
Wolfsburg
West Germany
Ziegler denies Nixon public life comeback plans
Former White House Press Secretary Ronald Ziegler told CBS News Nixon has no intention of returning to public life. He said Nixon regrets Watergate and acknowledges the mistakes and flawed judgments. Ziegler also rejected Colson’s claim that Nixon viewed Secretary of State Kissinger as unstable.
MENTIONED IN THIS ARTICLE
New York
White House
Ronald Ziegler
Richard Nixon
Ziegler
Robert Pierpoint
CBS Evening News
Nixon
Charles Colson
State Kissinger
Bombing hits Costa Rican foreign ministry building
A bomb exploded Friday night at the Costa Rican foreign ministry in San Jose causing damage to doors and windows. No casualties were reported.
MENTIONED IN THIS ARTICLE
San Jose
Costa Rica
Foreign Ministry
U.S. Defends Vietnams Pact Compliance Move
The United States and the Pentagon deny a breach of the 1973 Paris peace plan by flying 17 airmen from Clark Air Base to Saigon to supervise an emergency spare parts drive. Officials say the operation aids one for one part replacements and does not involve combat or direct military advisers.
MENTIONED IN THIS ARTICLE
Washington
State Department
Pentagon
U.S
Paris
Vietnam
South Vietnam
Air Force
Clark Air Base
Philippines
Saigon
Beecher
Clark
Robert Anderson
Pressler Offers Part of Salary Back to State
U S Representative Larry Pressler returned 10 percent of his $42 500 salary to South Dakota, writing a 354 check as the second monthly installment. State officials will deposit the funds in the general fund while the House rejected the voluntary act due to an old ruling. Pressler argued the move was an anti inflationary gesture amid a large federal deficit.
MENTIONED IN THIS ARTICLE
Washington
South Dakota
Larry Pressler
David Volk
Pressler
House
Wallace Would Run with Black Vice President Nominee
Governor George Wallace said in Montgomery he would not refuse to run with a black vice presidential nominee if he ran in 1976 but he would not choose a black running mate merely because of race. He stressed the decision would depend on the candidate’s qualifications and political fit.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
George C. Wallace
Agnew and Ex-Partner Clash Over Deals and Debts
Evansville based real estate developer Walter Dilbeck accuses former Vice-president Spiro Agnew of exploiting their partnership and failing to repay a $25,000 installment. Agnew counters that Dilbeck breached confidentiality and misrepresented negotiations while Dilbeck complains of losses from their failed business ties and the Global Baseball League venture.
MENTIONED IN THIS ARTICLE
Evansville
Ind
Walter Dilbeck
Spiro Agnew
Dilbeck
Agnew
Venezuela
Italian Art Thieves Seek 4.8 Million in Urbin0 Theft
Urbio Urbino police report three Renaissance paintings stolen from the duchal palace. One is by Raphael and two by Piero della Francesca. A 1.6 million dollar ransom per painting was demanded, with a hoax call also received.
MENTIONED IN THIS ARTICLE
Urbino
Italy
Urbino Ducal Palace
Raphael
Piero Della Francesca
Savoldelli Pedrocchi
Marche
Arizona dairy officials ordered to aid underprivileged or go to jail
U S District Judge Carl Muecke sentenced four of five dairy executives to charity work for six months or jail for fixing milk prices in Arizona. The five, including Jack DeCordova James Graves James Bryant Paul Dew and Ralph DeLong of Borden Carnation Shamrock Foods and Foremost McKesson, pled no contest. One man was fined 3500 for ill health. Companies must donate goods and services equal to 175000 in fines.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona
U.S
Carl Muecke
Salvation Army
Jack DeCordova
James Graves
Borden, Inc
James Bryant
Carnation Co
Paul Dew
Shamrock Foods
Ralph DeLong
Foremost- McKesson
DeLong
Belfast Store Bombed Wounding Six in Belfast Attack
In Belfast on Saturday terrorists set off a bomb in a bookstore wounding six, one seriously, and a British soldier was badly hurt in a border ambush. Police said a warning was given but the wrong store was named. A second bomb failed to detonate in a bar restroom while a hijacked car was found outside army headquarters.
MENTIONED IN THIS ARTICLE
Belfast
Irish Republic
Army
Chuckle Card Quips About Attitude From Computer
A light mock exchange shows one computer card telling another it is fed up with its holier than thou attitude in a playful corporate style gag. The caption hints at software snark with a cheeky copyright nod.
Oil minister cites price drop aim amid call to end oil as weapon
Saudi oil minister Ahmed Zaki Yamani urged price moderation after a December freeze of 10.12 dollars a barrel and urged extending the freeze beyond 1975. He spoke in New Delhi after a India visit, saying oil should not be used as a political weapon and advocating resolution of Palestinian national goals.
MENTIONED IN THIS ARTICLE
Saudi Arabia
Ahmed Zaki Yamani
Indira Gandhi
India
New Delhi
Soviet urges higher output for 1975 harvest drive
Moscow AP reports the Soviet government’s ruling body, unhappy with 1974 production, ordered ministries and republics to boost industrial output and start work to secure a strong 1975 harvest.
MENTIONED IN THIS ARTICLE
Moscow
Also Mentioned on This Page
UPI Telephoto
Ford
Ethopia
Ethiopia
Haile Selassie
CIA
Ese Air Force
William Beecher
Fies
Anderson
David Jones
Wallace
Black
East
Kentucky
Oklahoma
Organization of Petroleum Exporting Countries
Vienna
OPEC
France
Agency View
International Energy Agency
Dakar
Senegal
Etienne Davignon
The
Energy Agency
Davignon
Kissinger
Beirut
al Anwar
Ghanem Abdul Jalil
Iraq
Bagdad
Mid-East
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