Life insurance savings yield low interest, FTC warns
The FTC says Americans hold about 141 billion in non-group life insurance policies with earnings of 1 to 2 percent, far below inflation. The agency urges disclosure of costs and returns before signing, noting potential consumer losses and misaligned retirement value.
MENTIONED IN THIS ARTICLE
The
Cedar Rapids
FTC
Washington
UPI
Federal Trade Commission
Michael Pertschuk
Treasury
Pertschuk
Senate Commerce Committee
American Council of Life Insurance
Duress claimed in U S woman’s Israeli print case
Terre Fleener of San Antonio said her four confessions in Israel were extracted under extreme duress while denying charges of taking pictures for Palestinian guerrillas. She described solitary confinement sleep deprivation and threats of torture but said she never witnessed Palestinian torture.
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Washington
UPI
Israel
Terre Fleener
San Antonio
Texas
National Press Club
Fleener
Lebanon
Israeli Supreme Court
Palestine Liberation Organization
U.S
Red pandas born at Knoxville Zoo on loan from National Zoo
Three red pandas were born to Buster and Bernice at Knoxville Zoo, on loan from Washington's National Zoo. Curator John Fleming said the cubs have a good mother, though the pair interact little with their giant cousins. The red pandas weigh about 10 pounds and are easier to breed in captivity.
MENTIONED IN THIS ARTICLE
Knoxville, Tenn
Buster
Bernice
Knoxville Zoo
National Zoo
Washington
John Fleming
Fleming
No foreign bids without insurance backing
Washington AP report notes many U S companies will not bid on overseas contracts without Export-Import Bank insurance. George Stockton of the Associated General Contractors of America cites about 10 billion dollars in Iran project losses from revolution this year. The Ex Im Bank covers property confiscation war damage currency conversion issues and arbitration nonpayment risks.
MENTIONED IN THIS ARTICLE
Washington
U.S
Associated General Contractors of America
George Stockton
Contractors Group
Iran
Persian Gulf
Ex- Im Bank
Coal association predicts record 724 million tons mined
The National Coal Association forecast 724 million tons of bituminous coal will be mined in the United States this year, a 2.3 percent rise from 1977. The gain comes despite a three month miners strike that affected 1978 output, with Taft opposing the Atlantic pact noted in a 30 year reference.
MENTIONED IN THIS ARTICLE
Washington
National Coal Association
United States
Association
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