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Medicine Hat News in Medicine Hat, Alberta

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Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 22, 1982

Page

10

Space Command created to run 21st century space operations

The Air Force announces America's first Space Command to oversee military space work including satellites, surveillance, and anti satellite defenses. Gen Lew Allen says the move shifts space activities from R&D to operational control and notes a new Space Technology Center to push advanced space systems.

Washington Air Force America Space Command Lew Allen Jr Air Force Space Command Colorado Springs Colo U.S Allen Alexander M. Haig Jr Haig U.S. Joint Chiefs of Staff Air Force Tactical Air Command United States Air Force Laboratories Air Force Systems Command Andrews Air Force Base Maryland

Rate theory baffles economists in US credit market

Washington CP report explains the complicated forces behind high interest rates, inflation expectations, and shifting loan prices. It notes U S and Canadian rates, bank middlemen, and government spending affecting money demand during a recession. It questions why market theory fails to predict current lending costs.

Washington United States Canada Ronald Reagan Pierre Trudeau

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