19 Dec 1986
Page 1
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Dec 19, 1986
Page
1
The analysis argues the Reagan Doctrine underpins much of the Iran-Contra actions while suggesting motives beyond anti-communism. It notes secret arms shipments to Iran, funds diverted to Nicaraguan contras, and alleged Saudi backing influencing both Iran and Contra activities.
The Texas Employment Commission reports November unemployment fell to 15.9 percent in Odessa due to a shrinking labor force from 62,900 in June to 59,100 in November. Employment declined modestly while retail seasonal hiring influenced short term figures. analysts note many jobs are temporary.
Williams notes June job market shows many workers are students and not all losses reflect migration. Odessa's labor force dropped 600 from October to November while Midland fell 100, yet Midland added 200 jobs. The overall trend indicates slower growth and ongoing employment shifts.
In Geneva oil ministers from OPEC pressed toward a production cut of 7.2 percent to 15.8 million barrels daily for January through March with Iraq resisting the plan. Iran pressed for Iraq’s status review if it does not join cuts. Brent crude rose to 16.40 dollars as talks continued.
KMID officials say satellite dish owners can hear the show early and learn puzzle answers before the air, risking unfair wins in the Wheel Deal contest. Viewers as far as Hobbs, New Mexico have phoned in with solutions, KMID manager Judy Dillard stated.
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