Reagan seeks 14 million aid for Nicaraguan rebels
The Reagan administration seeks congressional approval for 14 million dollars in aid to rebel forces as Ortega departs for inauguration. Shultz plans dinner with Costa Rica, Guatemala, Honduras, and El Salvador leaders to discuss Ortega asking Cuba to withdraw 100 military advisers and a weapons freeze. Ortega’s Cuba withdrawal is described as token, while Nicaragua may have a large buildup of weaponry. Shultz notes 200 Cubans engaged in military activities, a number he says could signal a larger pullout. Shultz to visit Nicaragua's installations as a defensive move before returning to Washington.
MENTIONED IN THIS ARTICLE
Honduras
Reagan
Nicaragua
Ortega
Uruguay
Shultz
Costa Rica
Guatemala
el Salvador
Luis Alberto Monge
Cuba
Montevideo
Reagan Shifts on Trade Quotas With Japan Foreshadows Limits
White House officials say President Reagan acted in the national interest to favor U S consumers and a stronger auto sector while pursuing free trade with Japan. No assurances of broader acceptances were given and officials foresee only modest auto import growth next year under voluntary restraints.
MENTIONED IN THIS ARTICLE
White House
Marlin Fitzwater
Reagan
U.S
Fitzwater
United States
Auto Trade Deal Aims to Clamp Japanese Auto Imports
The agreement, to expire March 31, seeks to restrain Japanese auto imports, with Baldrige saying the move will pressure Tokyo to relax trade standards. Olivier will visit Japan to resume talks on telecommunications trade as the April 1 standards deadline looms. Brock predicts imports could rise to 2.6 million yearly, sparking more Detroit competition, while unemployment impact remains minimal.
MENTIONED IN THIS ARTICLE
Commerce
Malcolm Baldrige
Lionel Olivier
Japan
Baldrige
Reagan
William Brock
Detroit
U.S
Fitzwater
Odessa to vote April 6 on 12 city charter amendments
Odessa City Council set an April 6 date for voters to consider 12 amendments to the city charter including attendance requirements for the mayor and council members and a revised recall measure. A civil suit in U S District Court this week pitted the Federal Deposit Insurance Corp against.
MENTIONED IN THIS ARTICLE
Odessa
U.S. District Court
Federal Deposit Insurance Corp
Bank buyers contest interest on Midland promissory note
A group of businessmen who purchased the defunct First National Bank of Midland building after its collapse challenge a FDIC claim. FDIC says Eagle Properties Ltd owes 2.5 million dollars in interest from a 25 million promissory note backed by FNB at the December 1982 sale. The buyers contend no money changed hands so no interest is due.
MENTIONED IN THIS ARTICLE
First National Bank of Midland
FDIC
Eagle Properties Ltd
FNB
Uruguay Swears In New Civilian President Sanguinetti
Julio Sanguinetti takes a five year term as Uruguay’s president promising to bring the armed forces under constitutional control. He pledges military obedience to civilian rule amid a plaza crowded with demonstrators and international observers. Senior U.S. officials led by George Shultz attend the oath as Latin America shifts toward civilian governments.
MENTIONED IN THIS ARTICLE
Montevideo
Uruguay
Julio Sanguinetti
Sanguinetti
Hugo Medina
Latin America
Ecuador
Peru
Bolivia
Panama
el Salvador
Venezuela
Argentina
Brazil
Tancredo Neves
Independence Plaza
UAW chief denounces Reagan auto import stance
United Auto Workers President Owen Bieber calls Reagan's policy a severe blow to the U.S. vehicle industry and warns that middle-class living standards are at stake as jobs could shift overseas. General Motors supports imports from Japan while urging greater U.S. access to Japanese markets. Chrysler's Iacocca labels the day a sad one for America.
MENTIONED IN THIS ARTICLE
Japan
United Auto Workers Union
Owen Bieber
Reagan
U.S
Walter Reuther
Bieber
America
General Motors Corp
Iacocca
Chrysler
Detroit
Iacocca backs plan after Reagan quota decision
Iacocca says Chrysler will proceed with a tenfold plan to raise imports to 287,000 cars under the Chrysler Mitsubishis deal. Petersen at Ford says officials will assess options. Auto executives warn lifted quotas could trigger plant closings if demand weakens, though no specific plants are named.
MENTIONED IN THIS ARTICLE
Iacocca
Chrysler
Reagan
Mitsubishi Motors Corp
Petersen
Ford
Auto
Weather Outlook Permian Basin Warms To 84 Degrees
Partly cloudy and warmer across the Permian Basin with a record-tying high of 84 F and south winds 5 to 15 mph. Tonight's low around 50 F, then a partly cloudy Sunday with mid 70s highs. Frontal activity wanders offshore with mostly fair skies statewide and temps mainly in the 60s and 70s.
MENTIONED IN THIS ARTICLE
Permian Basin
National Weather Service
NWS
Red River Valley
Childress
Texarkana
Pecos
Brownsville
North Texas
Texas
The
Weather Service
West Texas
Concho Valley
Big Bend
South
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el Dia
el Pais
George P. Shultz
Langhorne Motley
inter-American Affairs
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