Israel Bombs PLO HQ as War Moves to Lebanon Front
Israeli aircraft bombed the PLO centre in southern Beirut housing Yasser Arafat amid a broad invasion of southern Lebanon. Israeli forces said they captured Beaufort Castle and pushed toward Tyre Nabatiyeh Hasbaya and Bekaa, while Syria shelled Israeli positions and UN and WAFA provided conflicting accounts.
MENTIONED IN THIS ARTICLE
Ap-Reuters
Beirut
Palestine Liberation Organization
PLO
Yasser Arafat
Israel
Britain
Lebanon
Beaufort
Israel Radio
Beaufort Castle
WAFA
United Nations
U.S
Philip Habib
Tyre
Mediterranean
Nabatiyeh
Hasbaya
Bekaa
Syria
Arkoub
Jarjoun
Arab Salim
Litani
Mount Hermon
Taibe
MacEachen Pledges New Measures If U S Action Delays
Finance Minister Allan MacEachen said he would introduce new measures to stimulate the stalled economy if there is no clear sign by next month that the United States is acting to reduce interest rates. The remarks came at the seven nation economic summit as Prime Minister Trudeau criticized U S economic policy.
MENTIONED IN THIS ARTICLE
Southam News
Versailles
Allan MacEachen
U.S
MacEachen
Trudeau
Canada faces fiscal moves to spur growth amid high U.S. rates
Canadian officials including MacEachen warn unemployment may rise as the economy shrinks in Q1 and the dollar slumps to 79.76 U.S. cents. They discuss possible mini-budgets, cost cuts, wage settlements, and selective policy actions to restore investment climate while avoiding broad wage and price controls.
MENTIONED IN THIS ARTICLE
Trudeau
Helmut Schmidt
U.S
Ronald Reagan
Bank of Canada
MacEachen
Canada
Wilander Wins French Open As Youngest Champion
Mats Wilander of Sweden captured the French Open title in a sensational victory becoming the tournament's youngest ever winner. The weekend match drew headlines as a new star rose on the tour with strong performances noted across the event.
MENTIONED IN THIS ARTICLE
Mats Wilander
Sweden
Wilander
British force closes on Stanley as fog lifts in Falklands
British troops, about 8,000 strong after reinforcing from San Carlos, tighten grip on Stanley while weather eases. Argentina resists with sporadic fire as Gurkha units search east Falkland. QE2 returns 700 crew to England. Southampton readies a tumultuous welcome.
MENTIONED IN THIS ARTICLE
Associated Press
Falkland Islands
Stanley
South Atlantic
San Carlos
Falklands
Alastair McQueen
London
Daily Standard
Nicholson
Nepal
East Falkland
QE2
England
Ministry of Defence
Southampton
Oilmen say federal package lacking impact in Canada
Alberta praised royalty concessions as Ottawa unveiled a federal package. Industry critics say the 2 billion in benefits, including a 250000 PGRT exemption, falls short of Alberta’s 5.4 billion rebate, undermining investor confidence and leaving Imperial Oil largely unaffected.
MENTIONED IN THIS ARTICLE
Jack Hanna
Financial Times
Calgary
Alberta
Harry Carlyle
Gulf Canada Resources Inc
Canadian Petroleum Association
Ottawa
James Gray
Canadian Hunter Exploration Ltd
Marc Lalonde
Imperial Oil Ltd
Roger Brundrit
Shell Canada Resources Ltd
Canada
Unemployment May Jump Seen Hitting 10.5 Percent This Summer
Economists warn unemployment could rise to 10.5 percent by late summer from May’s 10.2 percent seasonally adjusted rate. Analysts cite a larger labor force and more people seeking work as the main driver, with some predicting a third quarter peak.
MENTIONED IN THIS ARTICLE
Toronto
Angus Smart
Dominion Securities Ames Ltd
Smart
George Vash
Data Resources of
Canada
James Webber
Toronto-Dominion Bank
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Mds
Montreal
Royal Shakespeare Company
Nicholas Nickelby
New York
Trevor Nunn
Vier Ac
Allan Coyle
Ann Landers
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Pete Ee
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U.K