Investment In US Still Strong
US investment appeal remains robust across sectors. Conference Board notes the first quarter saw nearly half of global manufacturing investments in the United States, with larger project values offsetting fewer total counts. Salomon Brothers reports foreign U.S. Treasury holdings rising to 88.3 billion in Q1 1978, signaling strong foreign demand amid a record 107.8 billion December 1977 total. Foreign buyers, official institutions especially, now dominate the government securities market. An Italian firm executive argues the United States is the only safe investment in today’s climate, while the National Association of Realtors notes foreign ownership of US farm land stood at over 1 million acres by 1974. A weaker dollar helps US goods and services appear cheaper, but smarter investors weigh security and yield as the core factors driving foreign interest.
MENTIONED IN THIS ARTICLE
United States
Salomon Brothers
U.S. Treasury
New York Federal Reserve Bank
U.S
Federal Reserve
National Association of Realtors
Commerce and Treasury Departments
Diseases Fight Off Antibiotics Signals Rising Threat
Federal scientists warn bacteria causing pneumonia meningitis tuberculosis and gonorrhea are gaining resistance to antibiotics. Experts cite underuse and misuse as drivers and caution that control gains may erode, risking a return to pre antibiotic era conditions. The report includes a Texas church collapse tied to heavy rainfall and a separate South African outbreak noted for its global lessons on resistance.
MENTIONED IN THIS ARTICLE
Atlanta
Joel Ward
National
Center For Disease Control
Ward
United States
Gromyko Heads to UN for Neutron Bomb Push
Foreign Minister Andrei Gromyko travels to New York for a special U.N. General Assembly session to press the Soviet campaign against the neutron bomb and to hold talks with Cyrus Vance on a strategic arms limit pact. Brezhnev outlined a mass destruction ban blueprint to back the debate.
MENTIONED IN THIS ARTICLE
Moscow
Andrei A. Gromyko
U.N. General Assembly
Kremlin
Gromyko
Cyrus R. Vance
U.N
Leonid I. Brezhnev
New York
Europe
Also Mentioned on This Page
Garland, Texas
Walnut Village Church of Christ
Mike Cain
Shannon Smith
Gene Griffin
Cain
Bill Allen
Allen
Fire Department
Dallas
Litwin
Haggar—Levi
Ann Page
Vy Cannon Craft Company
Ba Schmanke
Russ Anderson
King
Cottawa, Kansas
Suzuki
Nurman’s Lumber
GAC
Saeed ——E
Dolly Madison
Kansas
Low Miles
Scmv
Derece Ae
Transpakt
Jsouthwich Auto Parts
S. Main
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