27 Dec 1976
Page 1
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 27, 1976
Page
1
The World Bank report shows the United States per capita income at 7 060 in 1975, ranking lower among industrialized nations as Kuwait United Arab Emirates Qatar and Switzerland posted higher incomes. The agency notes tentative data and potential revisions amid a 1 2 billion dollar sample.
A Saudi source says output will rise by about 1.5 million barrels per day to 10 million daily in Q1 1977. The decision follows indications from a survey on the size of the planned increase and reflects Saudi aims to boost crude supply from fields controlled by the Arabian American Oil Co.
In Vienna a split within OPEC on price increases fuels doubt. Eleven of eighteen members plan price boosts from Jan 1, with some proposing five to fifteen percent rises. Saudi Arabia and the United Arab Emirates oppose raising prices. Mohammed Jaidah of Qatar voices concern that no single member should dominate.
President elect concerns himself with a post election schedule on St Simons Island Georgia arriving early afternoon to stay at a Reynolds heir owned plantation. He plans to meet with James Schultze and economic advisers while Vice President elect Walter Mondale attends. Carter discusses budget timing and prepares for his inaugural events.
Fragmentary sports snippet hints at Gebasla or related teams preparing for a Gator Bowl matchup in Jacksonville Florida. Notes rivalry vibes and concerns over power dynamics, with pages 6B and 13A cited for more context.
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