Economist Sees Rising Odds of a Low Mood Recession
Washington economists discuss a 30 percent chance of a low mood recession if May comes without recovery. Edward Yardeni, Michael Evans, and others weigh rates, deficits, and policy as risks of a 50-50 call or worse. Victor Zarnowitz notes the vague, emotionally charged label and compares to past depressions.
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Washington
Wall Street Journal
Ronald Reagan
Herbert Hoover
Wall Street
Edward Yardeni
Yardeni
Yar
Michael Evans
Evans
CAESAREAN BIRTH GUIDELINE UPDATE PROMISES VAGINAL ROUTES
The American College of Obstetricians and Gynecologists says many first Caesarean deliveries permit vaginal birth for later pregnancies. If adopted, it could reduce repeat surgeries and hospital costs. Dr Robert Cefalo notes about 600,000 of 3.6 million 1980 births were Caesarean and repeat procedures make up about 30 percent of annual Caesareans.
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Washington
Association of Childbirth Specialists
American College of Obstetricians and Gynecologists
Robert Cefalo
Cefalo
Lawrence Welk signs off after 30 years on TV
Lawrence Welk taped his last television show after three decades on air. The 78 year old maestro plans a 10 city tour this week and a future concert trek in June. He said he remains busy and will continue leading his musical family. Welk started in the 1920s after leaving his North Dakota farm and forming his first orchestra.
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UPI
Lawrence Welk
Welk
ABC
North Dakota
Midwest
Kissinger leaves hospital after heart bypass
Former Secretary of State Henry Kissinger, 58, left Massachusetts General Hospital two weeks after a triple bypass operation. He plans a five to six day stay in New York then two weeks in Palm Springs before resuming his schedule.
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UPI
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Kissinger
New York
Palm Springs
Williams mutters at prosecutor as defense rests case
In Atlanta Wayne Williams' defense ends after three days on the stand with him calling the prosecutor a fool and deeming the case a mess. Prosecutors rebut by suggesting lies about a carpet fiber and Williams’ lifestyle, while Williams denies the charges in the high profile murder probe.
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Atlanta
Wayne Williams
Williams
Jaruzelski says US pressures sparked martial law response
Polish military chief Gen. Wojciech Jaruzelski charged the United States pressured allies to condemn martial law. He claimed the measures helped prevent World War III in a two hour address to the Communist Party central committee. He also noted 2,000 party officials purged since December and that continued resistance blocked relaxation of restrictions.
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Warsaw
Poland
UPI
Wojciech Jaruzelski
United States
Communist Party Central Committee
Jaruzelski
Rio carnival deaths reach two hundred forty in 1982 chaos
Unofficial estimates indicate 240 people died during Rio de Janeiro's four day 1982 carnival of samba revelry and excess. More than 16,000 were injured in violence accidents mugging and tipsy chaos affecting crowds including two Americans.
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Rio DE Janeiro
Brazil
UPI
Rio
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