Simon calls for tougher stand against oil cartel
Treasury Secretary William E. Simon urged President Ford to take a stronger position against OPEC price increases. He said there is no economic justification for new hikes and warned another rise would slow growth in industrialized nations. Simon also spoke on tax changes, IMF meetings, and the economy.
MENTIONED IN THIS ARTICLE
Washington
Treasury
William E. Simon
U.S
OPEC
Simon
Ford Administration
Ford
Congress
International Monetary Fund
Treasury chief weighs $2 bill revival
Treasury Secretary William Simon said a summer decision would determine if a new two dollar note is issued and he personally favors the plan. He joked about having his picture on the bill while mentioning Thomas Jefferson as the leading candidate. feminist groups back suffragist Susan B. Anthony.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
William £. Simon
Simion
Thomas Jefferson
Susan B. Anthony
Energy Source Costs Highlight Trade Impacts
The text argues that the focus is on the price of alternative energy sources rather than the costs of other goods traded on world markets, emphasizing energy economics and trade balance factors in policy discussions.
OPEC considering oil price bargaining with West
OPEC sources say the 13 nation cartel may bargain over October price increases if the West trims inflation and allows dialogue on energy issues. Iran Kuwait and Algeria push to raise prices to match inflation, while Iran calls for SDR payments and broader talks on raw materials and aid.
MENTIONED IN THIS ARTICLE
OPEC
Libreville
Gabon
UPI
Organization of Petroleum Exporting Countries
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Long Beach
Calif
Tues
Dooley Ape
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Dooley’s Hardware Mart
Long Beach Blvd
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Vienna
Iran
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GEMCO
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Anaheim
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Downey Lancaster
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Simi Valley
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Fullerton
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Dacron
Gemco Charitable and Scholarship Foundation
Coleman Crystal Lake
Lakewood
Artesic Cerritos
Bloomfield
del Amo
Downey
Florence
Studebaker
Atlantic Blvd
America
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