Washington analysts downplay Chinese succession risk
U S analysts say no struggle among Chinese leaders to succeed Chou En lai and that the aged premier's death will not affect American Chinese relations. DES ban proposed on cattle and sheep growth stimulant due to residues and cancer risk. Kissinger assures Israel on UN Security Council framework for Middle East talks. CIA funds in Italy not yet spent amid disclosure.
MENTIONED IN THIS ARTICLE
Chou Enlai
Henry A. Kissinger
Israel
U.N. Security Council
Middle East
Italy
Congress
CIA
William E. Colby
Teng
China
United States
U.S
Chou
Washington
Peking
Ford
Nixon
Ford Ford
Unemployment Holds Steady As Wholesale Prices Dip
In December the Labor Department reports a 0.4 percent drop in wholesale prices easing inflation while unemployment remains at 8.3 percent with 7.8 million jobless. For the year 1941 saw 8.5 percent average unemployment, highest since 1941, despite a forecast of inflation improvement.
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Washington
Labor Department
Soviet cruiser near West Africa fuels Angola tension
A Soviet Kresta II guided missile cruiser was reported steaming south along the West African coast possibly toward Angola. It could join other Russian ships near Angola, with uncertain plans to stop at Conakry, Guinea, or proceed south. The scene adds to Soviet naval presence as the U.S. urges withdrawal from Angola.
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Washington
West African
Angola
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Mauritania
Pentagon
Conakry
Guinea
Africa
United States
Tickers reflect optimism economy is on rebound
Wall Street records a strong early 1976 rally with the Dow rising 55.57 points to 907.98 as investors anticipate tax year effects and January liquidity. Analysts credit calendar effects and a rate cut by Chase Manhattan, while caution remains over unemployment and price trends. The Madison AP brief notes David Sylvan Fine’s California arrest spurring a Wisconsin defense effort linked to the Armstrong bombing case.
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New York
Wall Street
Hirsch Organization
Chase Manhattan
Heinz H. Biel
Hopping Watson Inc
Fine
William James Lewis
Wisconsin
China begins mourning for Chou En-lai in Beijing
China declared a week of mourning for Premier Chou En-lai who died at 78 after a heart attack and cancer. Teng Hsiao-ping is seen as front runner to succeed him as premier while Wang Hung-wen could inherit Chou's party mantle.
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Tokyo
China
Chou En-lai
Teng Hsiao-ping
Chou
Communist Party
Wang Hung-wen
Peking
Hsinhua
Mao Tse-tung
Chinese Communist Party
Wang
Mao
Teng
Yeh Chienying
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