Reagan offers Soviets one year grain pact extension
President Reagan announced a one-year extension of the Soviet grain sales agreement while refusing long term talks while martial law exists in Poland. The arrangement maintains a minimum 6 million tons and up to 8 million tons with flexibility, totaling about 23 million tons in 1982 with Moscow already agreeing to over 14 million. A White House fact sheet projects 17.8 million tons for 1982.
MENTIONED IN THIS ARTICLE
Gazette Wire Services
Washington
Reagan
United States
Soviet Union
Poland
John Black
Moscow
White House
Black
RAGBRAI Rider Hangs Hammocks At Tipton Fairgrounds
RAGBRAI rider David Fulton of Fort Madison hangs upside down to chat with friend Larry Meade of Donnell, as they string hammocks near a livestock building at the Cedar County Fairgrounds in Tipton where riders camped Friday night.
MENTIONED IN THIS ARTICLE
David Fulton
Fort Madison
Larry Meade
Donnellson
Cedar County Fairgrounds
Tipton
Reagan forecast of recovery and record deficits outlined
The Reagan White House stated a significant second-half economic recovery and a 1983 budget deficit of 115 billion dollars, even as senior officials privately doubt the outlook. Treasury Secretary Regan distanced himself from the forecast while critics labeled it unrealistic. The mid-year review also projects a 1982 deficit of 108.9 billion, surpassing prior estimates.
MENTIONED IN THIS ARTICLE
Washington
White House
Treasury
Donald Regan
Reagan
Murray Weidenbaum
Federal Reserve Board
Congressional Budget Office
Commerce
Malcolm Baldrige
Leading indicators show zero change in June
The Commerce Department reported a stationary composite index for June signaling a likely moderate early recovery. New housing sales fell 14 percent to 343,000 annual units while the average new home price hit a record of 88100 dollars, with a 9.1 month supply.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Commerce
Malcolm Baldrige
Baldrige
FMC recalls 100 production workers in Cedar Rapids plant
FMC Corp. announces 100 production workers will be recalled at its Cedar Rapids cable crane and excavator plant bringing total plant staff to 290 on site next week. Office staff, previously on rotating layoff, will also return to work. A delayed layoff at Rockwell Collins postpones a 150 net job loss to next Friday.
MENTIONED IN THIS ARTICLE
Cedar Rapids
FMC Corp
Grassley says one year grain extension may hurt US farmers
Sen. Grassley argues the one year extension will be a setback for American farmers, saying it benefits Argentine Australian Canadian and European growers while shrinking the US share of the Soviet grain market. He urges caution as embargo impacts linger. Senator Jepsen supports a possible path to more grain sales to Russia.
MENTIONED IN THIS ARTICLE
Washington
Roger Jepsen
Iowa
Reagan
Charles Grassley
U.S
Grassley
John Block
Soviet Union
White House
Jepsen
Iowa Republican
Index to Argument Contention and AADC Note
An indexed note discusses being on the wrong side of an argument yet finding the right side with none beaten by AADC. Copyright text indicates ownership and context for publication.
MENTIONED IN THIS ARTICLE
Betan
Also Mentioned on This Page
Soviets
Gazette
Chris Young
Rosy
FMC
Rockwell-Collins Complex
David Lynch
AADC
Abby
Record Church
Farm
Marion
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