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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Jun 12, 1978
Page
8
Diamonds may be a girl's best friend but as a commodity investment they lack liquidity and liquidity is essential. They are not traded on markets like currencies and metals and spreads between buying and selling prices are wide. Standard grading exists but many sizes prevent uniform pricing.
A year after passage, the anti boycott law appears to affect Arab states and U S trade with the region. Some Arab countries dropped negative certification requirements while commerce rules evolve with new reporting. Diamond markets and pricing practices are also described with emphasis on De Beers and wholesale dynamics.
A Canadian conference on the economy notes rising taxpayer unrest akin to California's Proposition 13 movement. While not yet as organized, Canadians debate cutting government spending and tax relief, warning of the risks to public services and the potential for increased deficits as a result of any tax cuts.
In Moscow a dissident trial scene underscores a widening gap between dissenters and ordinary citizens. Despite arrests and exile of many, the dissident movement grows with new leaders as older figures vanish, aided by Western reporting and underground networks.
About 4 000 to 5 000 white residents in Lumbumbashi, central Africa, have largely fled the area amid tensions with black residents and changing conditions. Reportedly, motivations go beyond immediate safety as political and social pressures mount.
U S Senate sources say Fidel Castro informed Washington four days after Katangan rebels invaded Zaire that he tried to head off the assault, supporting Carter's claim of prior awareness but casting doubt on the claim Cuba did nothing to prevent it.
Pravda denounces rising anti Soviet hysteria in the United States and warns of renewed cold war danger. It blames Washington policy planners and Zbigniew Brzezinski for anti Communist stance and notes Carter's tough rhetoric strains arms talks and dissident handling.
London AP report from Flight magazine says the Soviet Union has developed highly accurate missiles years ahead of expectations. The magazine asserts the U S S R now pins NATO against the wall and challenges NATO’s assumed technological lead amid Warsaw Pact superiority.
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