Hebert Plans Floor Fight To Keep Armed Services Chair
In Washington Rep. F Edward Hebert Louisiana Democrat vows an unprecedented House floor battle to retain the Armed Services chair after a caucus ouster. Rep W R Poage Texas Democrat also loses chair post triggering a bid to fill four chairmanships.
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Democratic Steering Committee
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D-Tex
Wayne L. Hays
Ohio
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Citizens Lobby
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GOP
John J. Rhodes
Arizona
David C. Treen
R-La
IMF Approves New Oil Funds
IMF ministers from 10 leading economies and 126 IMF members agree to create two funds with combined lending power over 30 billion dollars to ease oil price shocks. one fund within the IMF would offer roughly 6 to 7.5 billion dollars in loans to financially pressed nations due to higher petroleum costs.
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Washington
International Monetary Fund
IMF Group
IMF
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