Global debt crisis sparks fears of 1978 currency panic
Analysts warn the debt burden of less developed countries could trigger a financial crisis next year. Total LDC loans top about 19 billion dollars with annual interest near 35 billion. IMF and World Bank actions risk fueling inflation and bank losses as governments consider expansive lending to cover debt.
MENTIONED IN THIS ARTICLE
Chase Manhattan
LDC
International Monetary Fund
World Bank
Commercial Banks
IMF
Idcs
Ldcs
United States
Citicorp
Manufacturers Hanover
Bankers Trust
Bank of America
Chemical Bank
Federal Reserve Board
KGB entrapment plot targets Estonian dissidents in Tallinn
Rowland Evans and Robert Novak detail a 1976 KGB attempt to buy a dissident’s cooperation by offering up to about half a million dollars to Erick Adam. The plan aimed to form a dissident group and feed information to foreign backers, while Andropov and Brezhnev touted harsh penalties for dissidence. The episode illustrates Moscow’s ongoing strategy to subvert the Helsinki movement and silence opponents through covert provocations.
MENTIONED IN THIS ARTICLE
Washington
Kremlin
KGB
Erick Adam
Yuri Aodropov
Andropov
Felix Dzerahinsky
Secret Police
Belgrade
Moscow
Adams
Estonia
Adam
Tallin
Udam
Kyb
Helsinki
Yuri Orlov
Vance Visit to Peking Seen as Step Toward China Normalization
The talks with Secretary of State Cyrus Vance in Peking are described as successful and constructive though normalization with China will be gradual. Taiwan remains a sticking point as Chiang Kai-shek's government on Taiwan opposes full mainland absorption, with Premier Chiang Ching-kuo asserting legitimacy of all China. Negotiations resume in September at the UN, but U.S. policy will remain firm on recognizing Red China only in the future.
MENTIONED IN THIS ARTICLE
Cyrus Vance
Peking
China
Chiang Kai-shek
Taiwan
U.S
Chiang Ching-Kuo
All China
Carter
Huang Hua
United Nations General Assembly
Vance
Mr. Carter
United States
Buckley on UN sanctions and Rhodesia in 1985 debate
William F Buckley Jr argues the United Nations can cause concrete harm despite grand declarations. He recalls Rhodesia sanctions, U S actions, and Rhodesian Information Office efforts to shape coverage. He questions press freedom and US policy while mocking global power dynamics and predicting UN failures long after.
MENTIONED IN THIS ARTICLE
United Nations
Rhodesia
Lord Home
Her
Security Council
Deas Acheson
Ahadesia
Great Britain
The
Washington
Kenneth Towsey
Towsey
Rhodesian Information Office
Zambia
Zambian Information Service
U. S
Andrew Young
Carter
Rhodesian Informatic Office
Patrick Buchanan
John Chamberlain
Stanton Evans
James Jackson Kilpatrick
Nick Thimmesch
Hodding Carter III
Corvallis
Oregon
State Department
Treasury Department
Salisbury
White House
United States
Amin
Dayan Visit Tests US Israel Rift and Peace Hopes
The Israeli foreign minister Moab Dayan visits amid U.S. concerns over settlements and peace talks. Israel’s 1967 land plans, Gaza and West Bank issues, and a growing dependency on American aid shape tense exchanges. A Jerusalem envoy will discuss Israel’s $1.8 billion economic aid petition tied to ongoing Middle East tensions and Geneva conference dynamics.
MENTIONED IN THIS ARTICLE
Washington
Moabie Dayan
Israel
United States
Dayan
Jerusalem
State Vance
West Bank
Gola Heights
Menahem Begin
Geneva
Begin
Palestine Central Council
Vance
Carter
Tel Aviv
Matt Golan
Egin
U.S
Israel’s Survival Tied to U S Aid in Settlement Talks
The piece argues Israel’s survival hinges on American generosity and concessions in negotiations. It warns that settlements strain the budget and could trigger severe U S aid cuts, pressuring Prime Minister Begin to rethink policies amid summer developments.
MENTIONED IN THIS ARTICLE
Israel
Danville Register Calls for Signed Letters to Editor
The Danville Register invites letters to the editor, urging signatures and full addresses from contributors. it warns that unsigned submissions or those without verifiable details may not be published.
MENTIONED IN THIS ARTICLE
Danville Register
Also Mentioned on This Page
Rowland Evans and
Robert Novak
London Financial Times
David Satter
Riga-Tallin
KBG
Satter
Anatoli Scharansky
Izvestia
Alexander Lipansky
William F. Buckley Jr
U.N
Charles Bartlett Dayan
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