21 Aug 1982
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Aug 21, 1982
Page
1
About 400 Palestinian guerrillas began evacuating Beirut amid gunfire and chants. They boarded a Cypriot ship at the harbor, while French Foreign Legion troops landed and attempted to take control after Lebanese forces failed to appear. Tensions rose as Israeli and Palestinian forces held ground at the port.
Warsaw martial law authorities fenced Victory Square to bar Solidarity protests planned ahead of the August 31 anniversary. Three dozen workers erected a two metre wooden and steel barrier while repairs to flagstones began. In Moscow Tass claimed a pilgrimage to Czestochowa marked a political demonstration.
A Pacific Western Airlines Boeing 737 carrying 91 passengers from Brandon to Toronto landed at Thunder Bay in an emergency after a bomb threat. Police searched the aircraft. no explosives were found. Two evacuees were hospitalized with a broken leg and a heart-related illness.
Fri week of gains sees the TSE 300 rise 8.73 percent to 1524.91, an $8.2 billion increase, driven by expectations of lower U.S. rates and lower prime lending levels. The Dow also climbs 10.31 percent to 869.29 as investors buy on rate-cut hopes. A separate incident reports a bomb threat to a flight prompting an emergency landing and police investigation after a Toronto airline line call.
Dome Petroleum Ltd may restructure $8 billion of debt with banks via government guaranteed convertible preferred shares. Ottawa reportedly considering $1.5 billion guarantees, with banks including Royal, Commerce, TD and BMO debating debt split and returns. Shares rose briefly on the speculation before officials cautioned that no agreement exists.
Few clouds Sunday bring a high of 28 and a low of 10 as the weather map appears on Page 6. New directional signs near completion for the Trans-Canada Highway west of the city are addressed on Page 3. Rodeo action at Box Springs unfolds with riders and bulls in day one coverage on Page 14.
Prime Minister Trudeau abandoned a rail tour amid tomato and egg throws during a Sudbury stop, as crowds greeted him in Orillia with protests. He and his three sons left by limousine, heading toward Harrington Lake for vacation. One rail car suffered smashed windows from the incidents.
Alberta's Western Canada Concept delegates pack the Capri Centre for a one day leadership convention as six candidates including Gordon Kesler and Howard Thompson fight for the vote. Kesler predicts a first ballot win but Thompson doubts a first round victory amid strong opposition.
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