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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Apr 08, 2003
Page
2
The Odessa Huntsman plant’s 2002 OSHA recordable frequency rate was 2.5 reflecting accidents per 200000 hours worked, and the plant has operated since Dec 9 with no OSHA recordable injuries. Friday’s Odessa American report on Huntsman safety was unclear. the newspaper apologizes for the error.
SHOEBOX From 1A Red Cross has shipped all addressed packages to personnel. Hancock said they spent 800 in postage today and still have many boxes to mail. They await a DoD security code to pass customs, with 11 000 estimated to ship all boxes and 5868 raised so far. Volunteers are needed to sort and itemize remaining boxes as space runs out.
The Watergate materials will go to the University of Texas under a confidential arrangement with a trustee to protect sources including Deep Throat. Woodward and Bernstein will own the copyright, share $5 million, and donate $500,000 to UT for an endowment on journalism ethics and Watergate study. The collection spans about 75 file boxes of notes, drafts, memos, tapes, photos, and memorabilia.
Families await word as a memorial service is planned for 3 p.m. Friday at Fort Bliss near Paso for seven soldiers from the same unit as Jessica Lynch. The group, including Pvt. Ruben Estrella-Soto and Pvt. Brandon U Sloan, were captured with Lynch during an Iraqi raid and later found dead. The Mata family awaits word on the return of Johnny Villareal Mata, the first Pecos soldier killed in Operation Iraqi Freedom.
Thousands cheered the Rolling Stones at Bombay’s Brabourne Stadium in a sellout, as fans waved posters and sang along to Brown Sugar. The band canceled China shows due to SARS. next stop is Bangkok. Meanwhile in Beverly Hills, Winona Ryder completes 480 hours of community service for a shoplifting case and is allowed to film outside the U.S. with limitations.
Federal funds rate stands at 1.25 percent the lowest in decades after the latest easing move. The prime rate is 4.25 percent, the lowest since 1959, aligning with funds rate shifts. Discount rate set 1 point above funds rate at 2.25 percent though can drop to funds level during distress to spur lending. Long-term rates depend on markets, though Fed can influence via asset purchases.
The Fed considers direct lending to banks and a pledge to keep rates at 1.25 percent if needed to restore investor confidence. Analysts note past policy missteps, while officials weigh emergency measures before the May 6 meeting to curb deflation risk and stabilize markets.
The Odessa American lists contact numbers for staff offices and outlines subscription prices for daily and Sunday editions. Rates include daily and weekend options, with monthly and annual plans and holiday editions. The page also notes copyright protection and reproduction restrictions.
Hollywood brief notes politics and sports mix with satire. Masters at Augusta National Golf Club in Georgia sparks anticipation. Other items include Robert Blake bail terms in Los Angeles, Vicente Fox urging U.S. withdrawal from Iraq, Colin Powell messaging Arabs, Bush diet and Baghdad leaflet drops. Also mentions a Lincoln statue in Richmond, drought-era jokes, and a tragedy in Mombasa where three men died in a latrine pit while chasing a phone.
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