European nations seek united front on world money crisis
In Brussels seven West European governments aim to bridge French and West German rifts over not letting money float freely and to forge a common line on ending the global monetary crisis. The talks, chaired by Italy’s Mario Ferrar Aggradi, discuss two tier exchange, pivot rates, and currency links to stabilize markets amid U.S. measures.
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Council Tough On Granting Exceptions Digest
Washington AP report outlines which wage price and rent exemptions are granted under the 90 day freeze. It lists allowed wage increases only for bona fide promotions, bans raises for longevity, merit, or pre negotiated increases, and freezes professional fees. Prices cover ceilings on most goods services rents and utilities with seasonal rises allowed for certain farm products and some meats and seafood.
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