Series of Crises Are in the Making
AP Business News analyzes how Europe’s crisis could reshape American trade and investment. Britain’s foreign trade struggles and the pound’s slide threaten US exports, metals, tobacco and cotton shipments, while American investments in Europe rise to over 6 billion dollars.
MENTIONED IN THIS ARTICLE
New York
Europe
Britain
London
France
West Germany
Italy
Belgium
Netherlands
Luxembourg
England
Ten Prisoner Team Heads Back to Havana
Fidel Castro's ten prisoner negotiating team will return to Havana on Sunday as relatives press appeals for funds to secure their freedom. The group was sent to the United States last month to negotiate a trade of American tractors for roughly 1,200 captives captured in the failed April 17 invasion.
MENTIONED IN THIS ARTICLE
Miami
Fla
Fidel Castro
Havana
Wreckage Blocks Wellington Streets After Train Tumble
Wreckage of a Santa Fe freight train blocked two main streets at Wellington's west edge. Five cars of the eastbound 100-car train left the tracks in a spectacular jumble but no injuries were reported. Investigators cited a broken axle. a refrigerator car halted near Tom Long's home. The train carried cantaloupes and potatoes from California.
MENTIONED IN THIS ARTICLE
Wellington
Kan
Tom Long
California
Japanese firm wins bid to dredge Suez Canal project
Mizuno Gumi Co of Hiroshima secured a 4.72 million dollar contract with the United Arab Republic to widen and deepen the Suez Canal. The plan targets a 13.5 meter depth and a width expansion to accommodate ships over 45,000 tons. The signing is set for Cairo on July 25.
MENTIONED IN THIS ARTICLE
Tokyo
Suez Canal
Mizuno Gumi Co
Hiroshima
United Arab Republic
Cairo
Lightning Triggers Fall of Balloon
A huge plastic balloon built by Raven Industries plummeted to earth two hours after launch near Bemidji Minnesota when lightning apparently activated its control system. Ed Owen said the balloon reached about 90 000 feet and carried 200 pounds of equipment to study radiation hazards of space travel under sponsorship of Holloman Air Force Base.
MENTIONED IN THIS ARTICLE
Bemidji
Minn
Earth
Ed Owen
Raven Industries
Sioux Falls
S. D
Aeromedical Laboratory
Holloman Air Force Base
N. M
Cabinet reshuffle seeks unity in Liberal-Democratic Party
The 61 year old prime minister aims to double national income by 1970 and keep close alignment with the West. He revamped his cabinet Tuesday, adding four leaders from rival factions to the ruling Liberal-Democratic Party.
MENTIONED IN THIS ARTICLE
Liberal-Democratic Party
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