$80 Million Plan for Moscow Embassy Redesign
Former Defense Secretary James R. Schlesinger urged tearing off the top three floors of the U S Embassy in Moscow and building a shielded six story annex for sensitive work while “neutralizing” hidden listening devices. The plan, pegged at about $80 million, includes placing the annex next to the main chancery and moving the least sensitive functions into the lower five floors after securing the site.
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Washington
U.S
Moscow
Defense
James R. Schlesinger
Schlesinger
Reagan
United
Senate
United States
Annex
John C. Whitehead
George P. Shultz
Shultz
State Department
May home sales crash as mortgage rates spike
U S new home sales fell 14.9 percent in May to a 616000 annual rate, the steepest drop in over five years, as higher mortgage rates chased first time buyers from the market. The median home price rose to a record 106800, with the average up 10.3 percent to 129600, reflecting fewer low priced transactions.
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Washington
Commerce Department
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