Britain Labor Liberal pact saves government in no confidence
Britain's minority Labour government survives a no confidence vote after a Labor Liberal accord. Prime Minister Callaghan and Liberal leader Steel announced a joint plan to form concurrent committees and consider proposals, stabilizing the government amid economic strain and defections.
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Copper prices surge on fears of African disruption
London metal markets see copper rush as threats to African exports from Zaire and Rhodesia raise uncertainty. U.S. copper workers may strike this summer, after a long dip from a world surplus estimated at 1.8 million tons. Prices for three month copper wire bars climb to $1590.30 per metric ton before a Wednesday dip.
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