Moderate risk of attack in Gulf cited by White House
The White House described the chance of attacks on American forces or ships in the Persian Gulf as low to moderate. The CIA warned of high risk that Iran may sponsor terrorism as the plan to place Kuwaiti tankers under U.S. protection proceeds. Navy experts assess shipping threats near Kuwait as mine dangers are investigated.
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White House
Persian Gulf
CIA
Iran
U.S
William Webster
Capitol Hill
Marlin Fitzwater
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U.S. Betta Sete Oo Aescues
Oe Fonen
U.S. Navy
Reagan Administration
Kuwait
Personal income up in May as tax bite eases
After tax disposable incomes rose 3.4 percent in May, the Commerce Department said, following a 2.7 percent plunge in April. Personal savings recovered from April lows as Americans paid taxes, with gains led by revised tax law effects on capital gains. Consumer spending edged up 0.1 percent in May after a 0.6 percent April rise, with autos driving the swings as analysts anticipate slower gains for 1987 amid weaker auto and housing demand.
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Washington
Commerce Department
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