SEC rules push disclosure to curb overseas bribes
Independent report cites SEC plan to require corporates to establish internal controls and auditing standards to uncover and deter bribe payments abroad. Hills notes rules aim to force disclosure, with potential court action if firms resist. Emphasis on top executives' accountability and closer auditor scrutiny.
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Soviets exceed minimum U S grain purchases under accord
The Soviet Linton surpassed the agreed minimum for buying U S corn and wheat, with three corn and wheat deals reported by the Agriculture Department. Private traders reported two corn lots totaling 80,000 metric tons and one lot of 178,000 tons of winter wheat. Total U S grain sales to the Soviet Union for the year reach about six million tons, with the 1976 crop exports totaling 74 million tons.
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U.S
Agriculture Department
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Soviet Union
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