Castro calls for new world order at UN
Fidel Castro addressing the U N General Assembly for the first time in 19 years condemned Western imperialism and exploitation and urged a new world order while avoiding direct attacks on the United States. He spoke as head of the non aligned nations movement and said he represented a Third World seeking to eradicate poverty hunger and disease.
MENTIONED IN THIS ARTICLE
United Nations
Fidel Castro
U.N. General Assembly
United States
Castro
Havana
Governor Faces Kansas Mortgage Rate Crunch
Governor John Carlin vowed swift action as Kansas homeowners could be shut out of the mortgage market due to state 11 percent rate ceilings. A staffer said talks with banking and savings groups would discuss options after the Federal Reserve raised rates, risking a dry loan market unless ceilings are raised or repealed.
MENTIONED IN THIS ARTICLE
Topeka
Kan
John Carlin
Kansas
Carlin
Savings and Loan
Federal Reserve Board
Pay raise talks slice through federal funding stalemate
Negotiators from the House and Senate reached a fragile accord to end a pay impasse affecting 1.3 million federal workers on half salary and potentially 2 million others. The plan would approve a $3,200 annual raise for Congress and modify federal abortion funding language, with a stopgap option if either chamber rejects the bill. If no deal by Saturday, 116,000 workers face partial pay. by Monday, 2 million military personnel could have no pay. by Tuesday, 198,000 VA employees may be affected as funds run dry.
MENTIONED IN THIS ARTICLE
Washington
House-Senate
Senate
House
Warren Magnuson
Departments of Agriculture and Housing and Urban Development
Pentagon
Veterans Administration
House Votes to End Gas Price Controls Across Nation
The House approved a 191-188 vote to remove all federal price lids from gasoline leaving pump pricing to oil companies if the Senate agrees. Proponents say decontrol boosts efficiency while opponents warn prices could soar to two dollars per gallon and threaten allocation mechanisms.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Carter
James A. Courter
R-N.j
Dollar Rises to Year High Against Yen on Rate Hikes
The U S dollar reached its highest level of the year versus the Japanese yen as rates climb. Wall Street opened higher after a volatile week, with the dollar at 226.85 yen and broader gains against major currencies. The Treasury sold long term bonds at over 10 percent yield amid Fed tightening, while the Dow briefly stabilized after a sharp weekly loss.
MENTIONED IN THIS ARTICLE
Associated Press
U.S
Wall Street
Tokyo
U.S. Treasury Department
Also Mentioned on This Page
Ashley Burns
Heather Burns
Clarence Burns
E. Wilson
Diane Yeamans
National Weather Service
Ottawa
John Dingell
D-Mich
House Energy and Power Subcommittee
New York Stock Exchange
Melvin Sumner
RFD
Sumner
Here
Jay Bemis
Auditorium
Braves
Ottawa Herald
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