Cuba offers aid to Argentina in Falklands crisis
In Havana Cuba offered Argentina all the help it may need as the Falklands conflict drew in non aligned nations. Foreign Minister Isidoro Malmierca blasted U S support for Britain and condemned Washington’s Latin American policy, prompting Wayne Smith to leave the session of 94 delegations including 42 foreign ministers. Argentina’s Nicanor Costa Mendez was due to arrive to press Argentina’s case over the Malvinas.
MENTIONED IN THIS ARTICLE
Havana
Cuba
Argentina
Falkland Islands
United States
Latin America
Isidoro Malmierca
U.S
Britain
South Atlantic
Wayne Smith
Malmierca
Smith
Nicanor Costa Mendez
Malvinas
British Commonwealth
Falklands
Stanley
London
Independent Radio News
Report claims British commandos blew up five jets
A BBC ITV report cited intelligence sources claiming British commandos landed on Tierra del Fuego and destroyed five Argentina air force Super Etendard jets. The Defence Ministry denied the attack and said no incursion had occurred.
MENTIONED IN THIS ARTICLE
London
Jon Snow
Independent Television News
British
Defence Ministry
Snow
Rio Grande
Tierra del Fuego
Argentina
Chile
Sea King
Punta
Atlantic
Punta Arenas
United Kingdom
Estancia Zara
Tierra de Fuego
Straits of Magellan
John Moore Heath
Pepin promises month‑long report on grain freight rates
Winnipeg report by Prof. Clay Gilson on modernizing the Crowsnest Pass grain freight rate will be released in about a month. Transport Minister Jean-Luc Pepin said Gilson, delayed in finalizing consultations with grain and railway interests, should finish soon and copies will be public by month’s end. Pepin aims to have a government position by July and then push legislation after anger over proposed changes to the 1897 tidewater rate.
MENTIONED IN THIS ARTICLE
Winnipeg
Clay Gilson
Jean-Luc Pepin
Pepin
Gilson
Tidewater
Weather and local notices brief
Sunny skies forecast with a high of 25 and a low of 8. See map on page 22. Harold Maser faces renewed taxi bylaw troubles as another cab driver is ticketed. report on page 3. A Quebec judge bans an alleged Red Brigades suspect from Italy. page 9. Stylerite Yankees crush Fox Valley Lions 14-1 with 12 strikeouts by Kelly Benson. page 12.
MENTIONED IN THIS ARTICLE
Harold Maser
Yankee
Yankees
Fox Valley Lions
Kelly Benson
Canada dollar falters then rallies as Ottawa weighs defense plan
The Canadian dollar dips under 80 cents to a new low of 79.94 U.S. but Ottawa signals support. Finance Minister Allan MacEachen says $750 million in European bonds may be used to defend the currency, and reserves move planned to cushion declines. Ed Broadbent seeks emergency Commons debate on the dollar.
MENTIONED IN THIS ARTICLE
Ottawa
U.S
Allan MacEachen
Bank of Canada
MacKachen
Canada
NDP
Ed Broadbent
Jeanne Sauve
Bank rate rise signals further increases to defend dollar
The Bank of Canada raised its trend setting rate to 15.87 percent from 15.43 percent, the highest since mid November. Analysts view the move as a message to chartered banks and markets that additional hikes are forthcoming and that Ottawa will prevent the dollar from weakening.
MENTIONED IN THIS ARTICLE
Ottawa
Bank of Canada
Alberta faces multibillion-dollar hit from energy pact forecasts
Federal projections show Alberta will lose 20.3 billion in expected revenues from last fall's energy accord with Ottawa, cutting provincial income by about 32 percent and forcing higher borrowing as the 2.5 billion deficit looms for 1982-83. Oil revenues bear the brunt while the energy plan cuts to 66.9 billion for oil firms, with 6 billion in shut-in potential cited.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Ottawa
Lou Hyndman
Treasury
Heritage Savings Trust Fund
Energy
Marc Lalonde
Peter Lougheed
Alberta Petroleum Marketing Commission
Canadian business failures near 1932 record pace
Dun and Bradstreet Canada reports 1981 business failures at 151 per 10 000 firms, up 15 from 1980, nearing the 1932 record of 161. Canada total bankruptcies rose to 8055, liabilities reached 1.14 billion, assets at 387 million, with U S failures at 62 per 10 000.
MENTIONED IN THIS ARTICLE
Toronto
Canada
Dun and Bradstreet Canada Ltd
United States
U.S
Dun and Bradstreet
Ross Edmunds
West business chiefs meet to gauge recession impact
About 250 corporate leaders gathered in Calgary to assess Western Canada's economy. Conference Board forecasters warn growth slipping to 1982 figures, with demand weak and high interest rates curbing consumer spending. Oil sector players question returns despite royalty relief.
MENTIONED IN THIS ARTICLE
Southam News
Calgary
Western Canada
West
Canada
Conference Board of Canada
Peter Gusen
Conference Board
Gusen
Gusens
U.S. Federal Reserve Board
A. James Meigs
First Interstate Bank
Ronald Reagan
Ewen Ferguson
Constructions Forecast Company
Ferguson
Also Mentioned on This Page
Goose Green
England
Britain's Press Association
Royal Marines
Moody Brook
la Nacion
United Nations
New York
Great Britain
Venezuela
Red Brigades
Italy
Quebec
Allan Fotheringham
Ann Landers
Charles Lynch Sheree
Christopher Young
O’coffey
Bnet Ee Were
Eens Western Express
By John Ferguson
Mines
Judy Erola
D. Roger Brundrit
Shell Canada Resources
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