Iran faces 50 percent inflation amid sanctions and unrest
President Bani Sadr blames Western sanctions and low morale for Iran's inflation surge and warns force may be used if prices rise further. He cites hoarding and potential coup fears, as foreign blocks and border closures aggravate shortages. Separately, a Tehran warehouse fire and stalled hostages dominate U.S. and Soviet watch.
MENTIONED IN THIS ARTICLE
Tehran
Iran
Abolhassan Bani-Sadr
Sari
Rasht
Sadegh Khalkhali
Khalkhali
Shah
Bani Sadr
United States
Fallout of fear biggest problem after Mount St Helens eruption
Washington state officials say the main challenge post eruption is the fallout of fear that deters tourism and investment. Ash debris affected rivers lakes and forests, with 154 miles of streams damaged and 26 lakes destroyed. Tourism slumped up to 50 percent as residents misplace the mountain, while Seattle and Spokane report convention cancellations and visitor declines.
MENTIONED IN THIS ARTICLE
Seattle
Mount St. Helens
Washington
Oregon
Washington State
Gary Walker
King County Convention and Visitors Bureau
Spokane
Gunmen Hold 18 Hostages In Milan Bank Siege
Police surround a six story Bank of Rome building in Milan as three gunmen hold 18 hostages inside. The bandits seized 25 people, moved them to a second floor safe room, released seven by early morning, and threaten to kill for an undisclosed ransom while negotiators confer by telephone.
MENTIONED IN THIS ARTICLE
Milan
Italy
UPI
Bank of Rome
House rejects budget guide to restore Saturday mail subsidy
The House Appropriations Committee rejected the budget guide and restored the federal subsidy for Saturday mail delivery, risking a $300 million deficit and threatening the fiscal 1981 surplus forecast. The full House will vote next week on the post office spending bill.
MENTIONED IN THIS ARTICLE
Washington
UPI
House Appropriations Committee
House
Senate
Post Office
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Fort Wayne
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D-S.c
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