Reagan Blames Fed for Aiding Recession
Washington The Reagan administration partially blames the independent Federal Reserve for the deep recession and warns that erratic money supply control could derail its recovery program. Treasury Secretary Regan rejects calls to resign Volcker, urging steady monetary policy to stabilize markets and lower rates. The Treasury reports a $48.2 billion deficit for the first three months of fiscal 1982, the largest three-month shortfall in U.S. history.
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Paul Volcker
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Joint Economic Committee of Congress
Treasury Department
Are friends good for the heart study hints
SEABROOK ISLAND S C UPI scientists suggest social isolation may raise heart disease risk. Dr S Leonard Syme of the University of California cites four major studies showing people with fewer friends are likelier to die within a decade, independent of smoking cholesterol or blood pressure. He calls for more research before adding social ties to risk factors.
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UPI
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S. Leonard Syme
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Witness says airline ignored body report
In Boston Harbor after a DC-10 crash World Airways said all aboard were safe though a passenger and a Coast Guard member reported sighting a body in the wreckage. The airline later confirmed two men, Walter Metcalf and son Leo Metcalf, were missing as divers searched near the half-submerged plane.
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Massport
Haig Presents New Autonomy Proposals To Begin Talks
The United States laid out new formulas to Israel to overcome deadlocks in Palestinian self rule negotiations. Secretary of State Haig met Prime Minister Begin for seven hours and will brief Egyptian President Mubarak in Cairo after arriving from Geneva.
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Israel
Egypt
Alexander Haig
Menachem
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Andrei Gromyko
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Hosni Mubarak
Richard Fairbanks
Reagan Plan Aims to Shrink Education Department
Bell said the administration is near announcing a plan to transform the Education Department into a smaller foundation overseeing major programs like student aid and civil rights investigations. He cautioned against promises of huge savings and said a bill draft is in development.
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UPI
Reagan
Education Department
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Terre Bell
Bell
Study Finds Laetrile Useless Against Cancer
A Mayo Clinic led team reports laetrile from apricot pits is ineffective for cancer treatment. The finding, described by recognized scientists, marks the first major study on the controversial extract. The report comes as the U.S Britain and France pledge to seek UN action if China or Russia aggress in Asia.
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Charles Moertel
New England Journal of Medicine
Moertel
Mayo’s
Boston
UPI
Mayo Clinic
Reagan says Cuba blockade an option in talks with Soviets
President Reagan said the United States has discussed Soviet arms shipments to Cuba with Soviet leaders and would not rule out actions including a blockade. He described Cuba as a Soviet puppet and noted increased Cuban arms, while dodging specifics on sanctions or a grain embargo as part of a broader strategy.
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Reagan
Soviet Union
CBS News
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U.S
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