Lalonde pushes for pre-summer oil and gas pact
Alberta cooperation could yield a national oil and gas policy agreement before summer says Energy Minister Marc Lalonde. He signals flexibility on oil sands development, supports an $11 billion Cold Lake plant with a 20 percent return, and warns against tying Alberta oil prices to world markets.
MENTIONED IN THIS ARTICLE
Cold Lake
Alta
Alberta
Marc Lalonde
Lalonde
Esso Resources Canada Ltd
Arden Haynes
Esso Resources
Carter Calls Iran Savagery After Hostage Ordeal
The 52 former hostages recalled beatings, confinement, and mock executions during captivity in Iran. Carter described the experience as barbarism and savagery while U S officials cited serious mistreatment. William Belk testified of beatings for escape attempts and refusing to appear on a Christmas show.
MENTIONED IN THIS ARTICLE
Associated Press
Malcolm Kalp
Jimmy Lopez
Moorhead Kennedy
Johnny McKeel
U.S
Wiesbaden
West Germany
United States
Jimmy Carter
Iran
U.S. State Department
State Department
Jack Cannon
William Belk
Sequim
Wash
Gunmen release hostages in Laval two day siege
In Laval, two gunmen surrendered to police ending a two day extortion siege at a credit union. They released the manager Jacques Foucault his wife Gaetane and son Michel and handed over a rifle and revolver to officers. Police said the hostages were unharmed.
MENTIONED IN THIS ARTICLE
Montreal
Laval
Robert LaHaye
Credit Union
Jacques Foucault
Foucault
Gaetane
Michel
Caisse Populaire
Reagan administration pledges to live up to Iran deal
The Reagan team says it will review the Iran hostages deal closely before implementing the terms. Former Carter aides note breach would violate international principles as the hostages were freed in Tehran after a complex assets settlement. William Dyess says the new administration will examine the agreement carefully. Alexander Haig echoes expectation to honor the pact without a rigid view.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Iran
U.S
Carter
United States
Ronald Reagan
Tehran
Jimmy Carter
Alexander Haig
White House
Senate
TD Bank chief warns energy program may lift rates above 20
Richard Thomson TD Bank chairman warned at the annual meeting that Canada energy policy could push interest rates above 20 as imports rise and growth stalls. He urged a sharp one time oil price jump to near world levels and argued a stronger dollar stance. Thomson projected U.S. prime rates of 12 to 20 percent in 1981 and noted federal deficits would widen subsidy costs.
MENTIONED IN THIS ARTICLE
Toronto
Canada
Richard Thomson
The
Toronto Dominion Bank
Thomson
United States
Bank of Canada
U.S
Toronto Dominion
Federal Bank
Polish farmers clash with police over independent union drive
Police reinforcements blocked tractors near Bydgoszcz as farmers pressed for an independent union while Solidarity led workers in warning strikes across Poland demanding a five day work week and media access. protests occurred in Inowroclaw and other centers with no incidents reported.
MENTIONED IN THIS ARTICLE
Warsaw
Poland
Bydgoszcz
Solidarity
Inowroclaw
Jozef Pinkowski
Baltic
Gdansk
Lech Walesa
Pinkowski
Jan Rolewski
Warsaw Radio
Open market pays more for barley and oats than wheat board
Winnipeg Commodity Exchange reported that in 1979 80 the open market paid higher prices for No 1 feed barley and oats than the Canadian wheat board. Barley averaged 122 10 a tonne in Thunder Bay while the board paid 107 47, a 15 a tonne gap. Oats averaged 113 74 vs 68 08 from the board, which had issued no oats quotas.
MENTIONED IN THIS ARTICLE
Winnipeg
Canadian Wheat Board
Winnipeg Commodity Exchange
Prairies
Wheat Board
Commodity Exchange
Thunder Bay
Ont
Exchange
Reagan moves to tackle U.S. economy with bold plan
President Reagan meets economic-policy aides and congressmen to lay out a sweeping four year plan including tax and budget cuts. Budget chief Stockman says the program will jolt the economy with no equivocation while preparations include a staff overhaul and White House ceremonies marking a new start.
MENTIONED IN THIS ARTICLE
Washington
White House
Reagan
U.S
David Stockman
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Ernie Isely
William Dyess
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William Miller
First Street
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Frank Webber
Jimmy Stewart
Frank Sinatra
Johnny Carson
Ed McMahon
Audrey Meadows
Charlton Heston
James Brady
Brady