State defers GAAP realignment shows deficit in accounting
Iowa's state treasury is expected to report a deficit around $50 million under GAAP-like reforms led by Gov. Branstad's advisers. Comptroller Krahl said Moody's previously warned of a larger gap, as the books now include this year's expenses for items delayed from prior years.
MENTIONED IN THIS ARTICLE
Des Moines
Terry Branstad
William Krahl
New York
Krahl
Moody’s Investment Service Company
Iowa
Moody’s
Michael Fitzgerald
Moody's
South Africa raids draw outcry across Commonwealth
South Africa attacked ANC facilities in Zimbabwe, Zambia and Botswana with war planes and commandos, killing at least three. The action drew global condemnation from Britain and the United Nations, with the United States signaling possible future steps but ruling out sanctions. The raids mark Pretoria’s first major assault inside Zimbabwe and Zambia.
MENTIONED IN THIS ARTICLE
Channesburg
South Africa
Commonwealth
White House
African National Congress
Zimbabwe
Zambia
Botswana
ANC
Lesotho
Mozambique
Association of Britain
Britain
Geoffrey Howe
United States
Pretoria
Larry Speakes
Speakes
U. S. Africa
Foes battle extension of daylight saving time
The Senate opens debate on a bill to extend daylight saving time by three weeks. Senators Exon and Ford try to derail the measure as Harkin and Grassley weigh their votes. House already approved a main April start and Halloween end.
MENTIONED IN THIS ARTICLE
David Lynch
Washington
Ashington
Senate
J.J. Exon
D-Neb
Wendell Ford
D-Ky
Ford
Exon
Iowa
Tom Harkin
Charles Grassley
House
Tom Tauke
Dale Bumpers
D-Ark
Contadora treaty split over Nicaragua arms controls
Washington debate grows over a Central American peace accord being drafted by Contadora nations. A Pentagon study warns the draft would grant Nicaragua a license to cheat and could force large scale U S intervention. Nicaragua rejects arms control provisions delaying the process toward a June signature.
MENTIONED IN THIS ARTICLE
Washington
Reagan
United States
Administration
Pentagon
Contadora Group
Nicaragua
New York Times
Capitol Hill
Contadora
Panama
Mexico
Venezuela
Colombia
Supreme Court Rejects Plan to Protect Black Teachers
The 5 to 4 decision nullified Jackson Michigan school district’s plan to protect black teachers from layoffs using race as a factor, finding no convincing evidence of prior discrimination. Four justices joined Powell in stressing that societal prejudice alone is insufficient for racial classifications. Justice White provided the fifth vote to strike down.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Jackson
Mich
Jackson, Mich
Lewis F. Powell
Powell
Warren E. Burger
William H. Rehnquist
Sandra Day O'Connor
Byron R. White
Yahnke murder case goes to jury in Cedar Rapids area
Linn District Court jurors resume deliberations in the Bradley Yahnke murder case after closing arguments. Yahnke, 19, of Anamosa, is charged with killing Joni Helms, 18, in Cedar apartment on January 24, 1986, by a single shot. Assistant County Attorney Mona Knoll argues many circumstantial facts show guilt as a calculated scheme. Defense attorney David Correll contends otherwise.
MENTIONED IN THIS ARTICLE
Roland Krekeler
Linn
Bradley Yahnke
Yahnke
Route 2
Anamosa
Joni Helms
Cedar “Ee
Mona Knoll
David Correll
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Gazette Wire Services
U.N
Javier Perez de Cuellar
Southern
Africa
Robert Mugabe
The
African National Council
Namibia
Lusaka
Pete
United States Army