Nixon exempts Latins from aid cuts at CIES talks
Panama City dispatch reports President Nixon exempted Latin American countries from a 10 percent foreign aid cut under a new program, while keeping the 10 percent export surcharge. Nathaniel Samuels announced the policy shift at the Inter-American Economic and Social Council session, with Latin America still facing the export surcharge and calls for faster removal.
MENTIONED IN THIS ARTICLE
Panama City
API
Nixon
Nathaniel Samuels
Inter-American Economic and Social Council
CIES
Samuels
Orianization of American States
OAS
Nixon Gaas
Latin America
United States
U.S
Samuels Sai
Carlos Sanz de Santamaria
inter-American Committee
Alliance For Progress
Antonio Boccini
Uruguay
$9 Billion U.S. Deficit Revealed by Volcker
Paul A. Volcker disclosed that the U.S. basic balance of payments deficit reached nine billion dollars at an annual rate in the first half of 1971. He warned the figure, discussed with the Group of 10 in Paris, could be the largest deficit in recent history driven by a sharp drop in merchandise trade balance.
MENTIONED IN THIS ARTICLE
Washington
Paul A. Volcker
Volcker
Paris
International Trade Subcommittee
Senate Finance Committee
Six European nations plan joint dollar devaluation demand
In Brussels the six Common Market nations led by West Germany France Italy Belgium the Netherlands and Luxembourg agreed to press for a realignment of currencies including the U.S. dollar at the Group of 10 talks in London. They aim to counter Nixon's Aug. 15 move to float the dollar as the Group of 10 convenes to discuss the international monetary crisis. The dollar’s value edged lower against the Dutch guilder Belgian franc and West German mark while steady against the French franc and Swiss franc and higher against the pound.
MENTIONED IN THIS ARTICLE
Brussels
UPI
United States
West Germany
France
Italy
Belgium
Netherlands
Luxembourg
Group of 10
London
Nixon
U.S
Cabinet wives urged to promote Nixon economic policy
President Nixon asked Cabinet members wives including Martha Mitchell to aid in selling the wage price freeze and related programs. Anne Richardson said wives were invited to appear on TV talk shows to discuss the policy as the 90 day freeze nears expiration on November 13 after meetings with cabinet members their wives and business leaders.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
Martha Mitchell
Anne
Richardson
Elliot Richardson
Senate panel backs act allowing undercover motorists
Undercover cops and law enforcement officials could pose as out of state motorists during undercover work under a bill approved by the Senate Finance Committee and sent to the floor for action.
MENTIONED IN THIS ARTICLE
Sacramento
Senate Finance Committee
Government tar figures show Carlton lowest among regular filters
The U.S. Government released tar numbers for 38 regular filter cigarettes. Carlton leads with the lowest tar at 4 mg while others go up to 30 mg. A free copy of the list can be mailed to readers by sending name and address to Carlton Box 5903 Grand Central Station New York NY 10077.
MENTIONED IN THIS ARTICLE
U.S
Carlton
Grand Gentral Station
New York
N.Y
Also Mentioned on This Page
Interior
Rogers C. B. Morton
Morton
William P. Rogers
Rogers
Fense
Melvin R. Laird
Commerce
Maurice Stans
Mixon
Jose Guillermo Acapue
Antonio Estragay Y
Gendre
Buenos Aires
Special Economic Coordinating Committee For Latin America
CECLA
New York Times Service
Euromart
Finance and Economics
Coslinde
P.O. Fox
RCA
Dooley
Ron
Praiarts
Las Vegas
Hughes Air West
Santa Ana
Burbank
Ontario
L.A. International
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