Economic Recovery Worries From a Bright July Sky
AP analysis from John Cunniff surveys economists on the July growth surge, the Fed's tightening dilemmas, and mixed signals from Citibank, Wright Investors, Provident National Bank, Wharton Econometrics, and the National Association of Realtors. They flag possible inflation, higher rates, and a slower future, even as consumer confidence and housing rise.
MENTIONED IN THIS ARTICLE
NEW York
Citibank
Federal Reserve
John Wright
Wright Investors’ Service
Fed
Robert Christian
Provident National Bank of Philadelphia
Wharton Econometrics
Donald Straszheim
University of Michigan
Jack Carlson
National Association of Realtors
Key Diplomatic Post Looms For Reich
The Reagan administration plans to name Otto Reich as an ambassadorial level coordinator of public diplomacy for Central America. Reich, born in Cuba and AID Latin America chief since 1981, would report to Secretary of State George Shultz and aim to boost U S understanding of risks if leftist forces win in El Salvador. Ambassador Richard Stone, briefly in the post earlier this year, may resume regional duties.
MENTIONED IN THIS ARTICLE
Washington
Central America
Otto Reich
Latin
America
Agency For International Development
Richard Stone
Florida
U.S
Stone
Reich
Cuba
George Shultz
United States
el Salvador
Restoration Nears for Statue of Liberty Repair
The Statue of Liberty will undergo a two year 30 million restoration starting in September. The upper torch will be removed and the raised arm may be lowered as work closes interior areas briefly while keeping Liberty Island open. Donations cover most costs with 2 million already raised.
MENTIONED IN THIS ARTICLE
New York
National Park Service
Liberty Island
Ellis Island
Paris World Fair canceled over Paris opposition
President Mitterrand scrapped the 1989 Paris World’s Fair citing opposition from Paris officials led by Mayor Jacques Chirac and regional administrator Michel Giraud. Tourism magnate Gilbert Trigano’s report noted political resistance. officials argued the fair would be costly and a burden to Parisians.
MENTIONED IN THIS ARTICLE
Paris
Francois Mitterrand
Michel Vauzelle
Mitterrand
Gilbert Trigano
Jacques Chirac
Michel Giraud
Vauzelle
Also Mentioned on This Page
John Cunniff
Ee Ay Aa As
Ottawa
Jane Wenger
Park Service
David L. Moffitt
the Park Service
France
Paris Fair
Underwood 2
Aha
Wieners
Garden Center
Tied Garden Center
Bute Ongrtts Center
S. Main
Adakes
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