Fortune Forecast Sees Slow U.S. Economic Rise
Fortune magazine predicts a gradual upturn for the U.S. economy with a broad advance within a year. It expects capital spending to rise, a 8 percent GDP increase from a recent level, and unemployment to fall by spring. Defense, consumer spending, and prices are set to rise in the outlook.
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Scandinavian Plane May Cross Soviet Air Space
Copenhagen based SAS sues to delay hearings while pursuing a possible plan to fly to the Far East via Moscow and Tashkent. The move would replace a Thai Airlines aircraft on loan as officials debate when the unprecedented Western route could be permitted across the Soviet Union.
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Israel Official Cleared In 1954 Security Mishap
A cabinet panel clears Pinhas Lavon of blame for the 1954 security mishap linked to a Gaza attack that strained Israel's leadership. A second inquiry doubts an officer’s claim of Lavon ordering the action and suggests a forged document was used. Lavon remains a Mapai leader and labor federation official. A separate AP item notes a $1 million study grant for Togo's soil and water resources.
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West African Move Seen As Anti-French Unity Push
A Conakry summit linking Ghana, Guinea, and Mali aimed at unifying West African states and aligning economic policy and diplomacy. The communique condemned anti French sentiment and urged leaders to pursue a broader, federated union despite French influence.
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Holiday Gas Leak At New York Party
Theresa Soto and nine guests fainted at a New York holiday dinner as coal gas leaked from a furnace. Police rescued 11 people including five children after climbing stairs in sub freez ing weather. Six victims remained in critical condition at a hospital. Nearly 100 tenants were evacuated as a precaution but later returned without heat or hot water for the night.
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