Reagan urges calm as stock market swings test faith
President Reagan said the economy will keep growing if Americans do not overreact to Wall Street corrections. He stressed budget talks with Congress must lower taxes and control spending while Byrd urged a fresh start grounded in new economic facts. House figures warned the market turmoil signals faulty fundamentals.
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Robert Byrd
West Virginia
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Liam Gray
D-Pa
Cambridge
Mass
America
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Nead
U. S
Poland reshuffles ministers in major govt reform move
The Sejm approved a broad cabinet shake up as Poland pushes a market driven reform plan. A November 29 referendum will ask about austerity and a Polish democratization model sparking Solidarity criticisms from Lech Walesa as unfair and irrelevant.
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Poland
Sejm
Solidarity
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Ministry of Industry
Zbignniew Messner
Wojciech Jaruzelski
Zdzislaw Sadowski
State Planning Commission
George Bush
Bilip
U.S
RCA Corp
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Solidarity Labor Federation
Pornography scare tied to cartoon tape at Woolworth stores
A Warwick mother reported her 4 year old son saw explicit material at the end of a Superman cartoon on a $4.99 tape. Woolworth checked stores nationwide finding no explicit content, while Amvest called it an isolated prank and reviewed 30 to 40 tapes with no evidence of sex material.
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Warwick Mall
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Bomb explodes outside Pan Am sales office in Kuwait
An explosion damaged the Pan Am sales office at Al Gharbally Travel in Kuwait with no injuries. The blast occurred at 2:15 p.m. and an Interior Ministry source cited an explosive charge. Kuwait’s emir presided over a Cabinet meeting nearby after the incident. No group claimed responsibility.
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Pan Am
Kuwait
Lebanon
U.S
al Gharbally Travel
Pan American World Airways
Sheik Jaber al-Ahmed al-Sabah
Sief Palace
Interior Ministry
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