IMF supports rapid aid to nations hurt by gulf crisis
IMF Policy Committee backed an accelerated, expedited response to provide billions to poor nations harmed by the Persian Gulf crisis. The move aligns with Bush administration efforts, with World Bank on standby to increase lending as oil and export disruptions hurt front line states Egypt, Turkey, and Jordan.
MENTIONED IN THIS ARTICLE
IMF
Washington
International Monetary Fund
Bush Administration
International
World Bank
Barher Conable
Treasury
Nicholas Brady
James A. Baker II
U.S
Mideast
Egypt
Turkey
Jordan
Iraq
Michael Wilson
Wilson
Conable
TMF
Michel Camdessus
Bush
Survey shows Americans ignorant about daily purchases
A Consumer Federation of America report based on a 1,189 person test at seven shopping centers finds Americans especially the young and poor know little about buying a home banking nutritious food or life insurance. The 25 minute test with 249 questions averaged 54 correct.
MENTIONED IN THIS ARTICLE
Washington
Consumer Federation of America
Educational
Stephen Brobeck
CFA
Brobeck
Grain futures and U S talks on foreign aid financing
Grain futures on the Chicago Board of Trade show mixed prices as trading opens. Separately, Treasury aides meet with officials from Japan, West Germany, Britain, France, Canada, Italy, Saudi Arabia, UAE, South Korea and the EC to finalize aid figures. Discussions aim to determine exact dollar needs and mechanisms to funnel assistance to Egypt, Jordan, and Turkey, with broader oil price impacts and additional aid urged for other affected nations.
MENTIONED IN THIS ARTICLE
Treasury Department
Japan
West Germany
Britain
France
Canada
Italy
Saudi Arabia
United Arab Emirates
South Korea
Treasury
David Mulford
Horst Koehler
Finance Ministry
Egypt
Jordan
Turkey
U.S
Wheat First Securities Opens New Frederick Offices
An open house celebrated the remodeled Wheat First Securities offices in Frederick. Attendees included Philip Berkheimer, Carlton Collins, Senator John Derr, and Marshall B. Wishnack. Wishnack urged a long term market view and noted bargains as sales pick up.
MENTIONED IN THIS ARTICLE
Wheat First Securities
Frederick
Philip Berkheimer
Carlton Collins
John Derr
Marshall B. Wishnack
Wishnack
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