Russia to Buy U S Oil Drilling Facility Amid Trade Tensions
The Carter administration approved Dresser Industries sale of equipment to build a Soviet oil drilling plant, including a $1 million computer welding machine. Sen. Henry M. Jackson criticized the move, warning Soviets may gain technological advantages, as divisions over trade policy surfaced within the administration.
MENTIONED IN THIS ARTICLE
Russia
U.S
Washington
Kemns
White House
Commerce Department
Henry M. Jackson
D-Wash
Anatoly Shcharansky
Alexander Ginsburg
Jackson
Carter
Senate
Dresser Industries of
Dallas
Soviet Union
Tass
Stanley J Marcuss
Industry and Trade
State Department
Dresser
State
Costa to form Portugal's ninth post revolution government
President Antonio Eanes named Alfredo Nobre da Costa to form Portugal's ninth government since the 1974 revolution. Soares angrily questioned the move, saying the president did not consult his Socialist party, which could block a majority with Communist opposition. Nobre da Costa, a 53 year old technocrat, has strong industrial ties and was previously minister of industry.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Antonio Amalaho Eanes
Alfredo Nobre da Costa
Mario Soares
Nobre da Costa
Soares
Eanes
Communist Party
Alvaro Cunhal
Social Democratic Center Party
Canes
Antonio Champalimaud
Champalimaud
Efaces
Brazil
Antonio Salazar
Marcello Caetano
Peugeot to buy Chrysler Europe operations in major deal
In Detroit and Washington AP reports Peugeot will acquire Chrysler Europe including France United Kingdom and Spain for 290 million in cash and 1.8 million Peugeot shares. Chrysler gains 15 percent equity in Peugeot and will stay in management until late 1980 as the deal shifts focus to North America.
MENTIONED IN THIS ARTICLE
Detroit
Peugeot
Chrysler Corp
Europe
Chrysler
PSA Peugeot Citroen
France
United Kingdom
Chrysler Espana
Spain
Chrysler Financial Corp
U.S
American Motors Corp
Renault
New York newspapers shut down by strike
New York Citys three major dailies the Daily News the Times and the Post halted publication as pressmen walked out after failed talks on staff cuts and an attrition program. Publishers warned of continued nonpublication without a settlement as unions rallied and police guarded key sites.
MENTIONED IN THIS ARTICLE
New York
Daily News
the Times
Afternoon Post
Printing Pressmen’s Union No. 2
Kenneth Moffett
Federal Mediation and Conciliation Service
News and Times
Post
New York City
W.H. James
The
News
Martin Fischbein
Rupert Murdoch
Times and News
Soree
Lance apologizes for remarks on press ownership
Bert Lance former federal budget director apologized on WXIA TV for remarks about the great Jewish ownership of the press. He said he did not mean to offend anyone and clarified the remarks published in the Adista Journal-Constitution magazine.
MENTIONED IN THIS ARTICLE
Atlanta
Bert Lance
Federal
Lance
Wxia-Tv
Adista Journal-Constitution
Magazime
Dollar Firm, Gold Prices Dip From Record Highs
The dollar edged up vs European currencies and softened against the yen as gold retreated from its peak. In Tokyo the dollar closed at 187.25 yen, with modest trade around $417 million. London’s five major traders set midmorning gold at $205.85, down from the prior record.
MENTIONED IN THIS ARTICLE
London
Tokyo
World Council backs Rhodesian guerrillas with grant
The World Council of Churches awarded a 2.06 grant to the Patriotic Front of Zimbabwe led by Mugabe and Nkomo to aid humanitarian needs amid Rhodesia's interim settlement. The funds, tied to anti racism programs, face scrutiny as violence increases and the settlement restricts real change.
MENTIONED IN THIS ARTICLE
New York
Rhodesia
World Council of Churches
WCC
Patriotic Front of
Zimbabwe
Robert Mugabe
Joshua Nkomo
Abel Muzorewa
Patriotic Front
U S and Vietnam eye normal relations despite timing
U S officials say talks on establishing diplomatic ties with Vietnam may start in New York after foreign aid bills clear Congress by late September. Hanoi signals willingness, but Washington weighs risks to China and the embargo, with formal notice awaited on reparations.
MENTIONED IN THIS ARTICLE
Washington
Vietnam
State Department
Carter
Congress
New York
Cyrus R. Vance
United Nations General Assembly
Hanoi
China
Peking
United States
U.N
Aris
Also Mentioned on This Page
Zbigniew Brzezinski
Sheharagsky
Ginsburg
Aress
Strike At the Times
New York Times
Costa
Adams
America
Ghakh Phateoa
Lance Solt
National Bank of Georgia
Parsons
Health
Buster Brown
Chatterbox
Viet
Plymouth
Tate Chrysler-Plymouth Frederick, Inc
N. Market St Frederick
MEC
Sam Wre
P.S
P.B
Grysia Wren
RAY WE
Oyl
Avte
Dakeme Intertar