Oil prices rise as war fears lift crude above 40
Energy experts in the Permian Basin warn crude oil prices approach 40 a barrel as Persian Gulf tensions and threats from Saddam Hussein push benchmark futures higher. Trading on the NYMEX neared 38.25 for November delivery, marking another high amid signals of possible international oil embargo and IMF rescue plans.
MENTIONED IN THIS ARTICLE
Permian
Persian Gulf
New York Mercantile Exchange
World condemnations rise as Iraq girds for long fight
At the U N General Assembly leaders condemn Iraq as a warlike state for its invasion of Kuwait and vow stronger sanctions as oil prices surge to a record 38 dollars per barrel. Iraq rejects linkage of hostages to any other issue while Saddam vows to fight for a thousand years.
MENTIONED IN THIS ARTICLE
U.N. General Assembly
Iraq
Kuwait
Saddam Hussein
New York Mercantile Exchange
International Monetary Fund
Francois Mitterrand
Eduard Shevardnadze
Bush
Tariq Aziz
New York
Iraqi Airways
United States
State Department
Baghdad
Nicosia
Cyprus
Aziz
Texans Press To Save State Drug Task Forces Funds
Texas lawmakers urged preserving 1990 crime bill funds that back more than 200 rural and border drug task forces across the state. A House Rules Committee debate on amendments could shift $27 million away from Texas to cities or larger states, risking rural and border enforcement partners like Del Rio and Laredo.
MENTIONED IN THIS ARTICLE
Washington
Texas
House Rules Committee
Albert Bustamante
San Antonio
Lamar Smith
R-San Antonio
Charles Wilson
D-Lufkin
Ike Skelton
D-Mo
Texas Task Forces
U.S. Conference On Mayors
Smith
Bustamante
del Rio
Laredo
Mazzoli
Harris
Dallas
Bexar
Tarrant
Travis
el Paso
Texas Criminal Justice Division
Bush backs de Klerk amid anti apartheid push
President Bush praised F W de Klerk as South Africa moves toward ending white supremacist rule and said US sanctions will lift only under clear, unaltered conditions. He urged peaceful transition with all groups, including Mandela, noting protests outside the White House during the visit.
MENTIONED IN THIS ARTICLE
Washington
Bush
South Africa
F.W. de Klerk
United States
Reagan
African National Congress
Nelson Mandela
White House
Gorbachev Granted Broad Powers for Market Shift in USSR
The Supreme Soviet voted to move toward a Western style market economy and gave President Mikhail Gorbachev new powers to issue decrees on property wages prices budget finance and law and order. Critics warned of monarchy risks while protesters gathered outside the Kremlin demanding accountability.
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Moscow
Supreme Soviet
Mikhail S. Gorbachev
Gorbachev
Stanislav Shatalin
Nikolai Ryzhkov
Kremlin
Pushkin Square
Spassky Gate
Communist Party
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Otis McKelvey
Odessa
A.G. Edwards & Sons
West Texas
N.Y
Mercantile Exchange
U.N
Hussein
Gulf
Charles Colley
Joe Johnson
Odessa Electric Service
The
Jake Schoellkopt
Everybody's Supermarket
South Grant Avenue
Inside
Bhutto
Down
Dear Abby
Neil Bush
de Klerk
the United Way