U S Opposed To IMF Fund Recycling Plan
The IMF plans expanding its oil facility to recycle oil money by borrowing from oil nations and lending to oil importers like Italy. U S Treasury Secretary Simon fears the move could keep oil prices high, while IMF head Witteveen argues the aid helps financial stability. Canada’s Turner urged action, noting a possible global recession if imbalance persists. A Jan 15–16 IMF committee meeting will study options from 30 billion to 5–10 billion dollar funds.
MENTIONED IN THIS ARTICLE
Washington
International Monetary Fund
United States
IMF
Italy
Johannes Witteveen
U.S
Witteveen
John N. Turner
Turner
Great Britain
France
Simon and Treasury
Jack F. Bennett
Bennett
Quello Backs Lottery Ads and Proportional Time
EAST LANSING Mich AP Television and radio stations should be allowed to advertise state run lotteries said FCC Commissioner James Quello He also called equal broadcast time for minority candidates ridiculous proposing time proportional to vote share He noted lotteries run by 13 states as legitimate money makers while U S Attorney General Saxbe investigates potential legal action against state lotteries for various laws
MENTIONED IN THIS ARTICLE
East Lansing
Mich
Federal Communications
James Quello
Quello
U.S
Surviving Uruguay team players resume game after Andes disaster
In Santiago, Chile two Old Christians rugby survivors Gustavo Zerbino and Antonio Vizintin 21 return to play a game postponed by the 1972 Andes plane crash. They kissed the snow recalling 73 days adrift after the crash that left 16 alive and forced cannibalism to survive.
MENTIONED IN THIS ARTICLE
Santiago
Chile
Andes
Gustavo Zerbino
Antonio Vizintin
Montevideo
Uruguay
First Union New Savings Certificate promises high returns
The bank advertises a guaranteed 7 1/4 percent return on a $1,000 four year deposit with quarterly, semi annual, or annual interest and full redemption options before maturity. It touts additional savings plans from 5 percent regular savings to 6 1/2 percent 500, 30 month certificates, inviting readers to stop by and invest.
MENTIONED IN THIS ARTICLE
First Union National Bank
Uber
First Union National
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High Point Enterprise
FCC Rules
Jeff’s
Walter P. Bean
Washington ST
Kivety Drive
Ofirst Union National Bank
Its
QUEEN
Marvel
del Monte
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