Tough little nation survives Finland economy ice floes
AP reports Finland, a 4.7 million nation on the Soviet border, steadies after devaluation with 1969 growth forecasts. Exports up 31.3 percent to 1.6 billion dollars in 1968, a 77 million dollar balance of payments surplus, and reserves near 300 million. Stability rests on wage gains tied to productivity while price controls end. Political risk looms with next March elections and possible inflationary pressure.
MENTIONED IN THIS ARTICLE
Finland
Moscow Market Crackdown Triggers Prices and Protests
In Moscow open air markets rose in tension as city price controls cut free enterprise for southern farmers. Vendors faced police rationing and housewives organized a quiet boycott, with cucumbers at $2 a pound and strawberries $3, while officials enforced new rules doubling official store prices. The scene showed farmers traveling with produce, hoping for higher margins, but many stayed away due to small profits.
MENTIONED IN THIS ARTICLE
Moscow
Nixon to Meet Egyptian Girl in White House Chat
Cairo paper Al Ahram says President Nixon will host 14 year old Nagla Hilmy in Washington on June 23. Her father Hedaiat Hilmy, an Egyptian air force officer, died in the 1967 war after weapons supplied by the United States to Israel. Nagla wrote Nixon recalling his Cairo visit and the promise that her father would be his guest if he became president.
MENTIONED IN THIS ARTICLE
Cairo
White House
Nixon
Nagla Hilmy
Hedaiat Hilmy
Egypt
America
Israel
al Ahram
Nagla
Washington
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Helsinki
Capital
Soviet Union
Maginot
Andre Maginot
France
Switzerland
Belgium
Lewis
Old Dominion
Barton’s
Middletown
Russell Stover
Whiting & Davis Jewelry
W. State St
Trenton, O
Uy P
Weber
Sompare
Famous Mills
DuPont
Armstrong
DU Pont
Excelon
Weber's
Flooring Co., Inc
S. Main St
Middletown, Ohio
Kremlin
Strick
Glass Shop Inc
GIESS
Diamond Princess
Sterling Charms
Diamond Elgin
Elgin
Big Boy
ONYX
Underwood
Spencer
Central Avenue
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