Banks raise loan rates across Canada and U S
Canadian banks and the Bank of Montreal and Royal Bank of Canada lift their prime lending rate by 0.5 percentage point to 11.0 percent and raise savings account rates to 9.0 percent retroactive to Nov 1. TD Bank lifts U S dollar base rate to 11.25 percent amid BoC rate hike to 10.75 percent. Gerald Bouey cites policy aims to curb money flow.
MENTIONED IN THIS ARTICLE
Bank of Nova Scotia
Imperial Bank of Commerce
Toronto Dominion Bank
U.S
Richard Thomson
States
Europe
Gerald Bouey
Bank of Canada
Carter
Canada
General takes over in riot torn Iran
Tehran AP General Gholam Reza Azhari named premier to form first military government in 25 years as Jaafar Sharif-Emami resigns amid riots and mob violence. Rioters breach British embassy area while tanks guard Tehran sites and martial law bans several morning newspapers.
MENTIONED IN THIS ARTICLE
Tehran
Iran
Gholam Reza Azhari
Shah Mohammed Reza Pahlavi
Jaafar Sharif-Emami
Fazlullah Zahedi
Mohammed Mossadegh
Shah
Azhari
Sharif Emami
Rastakhir
Kayhan International
Tehran Journal
Journal de Tehran
Ayandegan
Austria rejects nuclear plant in plebiscite defeat
Austria voted down a 650 million dollar nuclear plant near Vienna in a nationwide plebiscite. Chancellor Kreisky conceded defeat and planned to discuss results with Socialist leaders. turnout reached 64 percent. Zwentendorf reactor will remain idle as anti nuclear sentiment prevails.
MENTIONED IN THIS ARTICLE
Vienna
Bruno Kreisky
Socialist Party
Kreisky
Austria
Zwentendorf
Western
Europe
United States
Wind tops 102 kmh as trailer flipped south of Medicine Hat
A 72 foot trailer owned by Robert Renner was toppled and torn apart by strong winds near the Black and White Trail south of Medicine Hat. No injuries or salvageable property reported. Gusts reached 102 kmh with higher winds in exposed areas. widespread minor damage noted in Redcliff Maple Creek Moose Jaw and Regina.
MENTIONED IN THIS ARTICLE
Alberta
Saskatchewan
Robert Renner
Medicine Hat
Frank Webber
Weather Office
Renner
Renners
George Renner
Robert
Redcliff
Maple Creek
RCMP
Bow Island
Regina
Moose Jaw
Socialist International Congress ends with pledges of solidarity
At Vancouver meeting 185 delegates including prime ministers and party leaders urged renewed support for southern Africa and Nicaragua. Ed Broadbent praised social democrats' stance against terrorism while supporting those facing state violence. Willy Brandt urged aid to reformers and noted past resistance to Nazism. Ernesto Cardenal decried Nicaragua violence and killings of Sandinista supporters.
MENTIONED IN THIS ARTICLE
Vancouver
Socialist International Congress
Africa
Nicaragua
New Democratic Party
Ed Broadbent
Social Democrats
South Africa
Decriminalize marijuana push from Canadian Bar Association
The Canadian Bar Association urged Justice Minister Otto Lang to decriminalize cannabis and push for broad freedom of information. The group also pressed to keep RCMP from accessing first class mail and promoted stronger public access to government documents, though officials voiced skepticism amid a federal election.
MENTIONED IN THIS ARTICLE
Ottawa
Canadian Bar Association
Justice
Otto Lang
Thomas Walsh
Calgary
Walsh
Lang
Royal Commission
Peter Grant
Special Association Committee On
Commons Justice Committee
Grant
RCMP
Commission
Weather Update Cloudy With Overnight Cold Snap
The forecast calls for cloudy skies with a high near 19 and a low around 2. A weather map on page 22 provides regional details and temperature trends overnight.
Tanzania editorial denounces Amin mad actions in Uganda
The Daily News says Tanzania aims to end Idi Amin’s rule after Ugandan forces invaded northwestern Tanzania and seized 1850 square kilometres. Fighting continues at the border as Obote is mentioned in the Tanzanian press and seen as a ally of President Nyerere.
MENTIONED IN THIS ARTICLE
DAR ES Salaam
Tanzania
Idi Amin
Uganda
The
Daily News
Amin
Milton Obote
Obote
Julius Nyerere
Also Mentioned on This Page
Howard Stulberg
Ontario Mortgage Brokers Association
Stulberg
Thomson
Bryan Blomme
Rosery Florists
Socialist International
Willy Brafict
Congress
NDP
David Lewis
Liberation
Latin America
Neo Maunzane
African National
Ernesto Cardenal
Fronte Sardiniste
Cardenal
Anastasio Samosa
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