Editorials Narrowing the gap by Don Graff
The OECD foresees a U.S. payments deficit shrinking to 12 billion dollars next year as exports gain price competitiveness. It notes a slide in the dollar improving export profits for U.S. producers, while Japan and Germany face narrowing margins from currency appreciation. Yet no break-even timetable is offered, leaving the question as fantasy rather than near term.
MENTIONED IN THIS ARTICLE
Don Graff
U.S
Organization of Economic Cooperation and Development
OECD
Women’s smoking rise mirrors progress toward equality
The HEW annual smoking and health report shows women smoking more and earlier, with higher death rates from lung cancer in ages 45 to 64 and increases in heart disease and pregnancy problems. Pipes seen as least hazardous, but warning persists about risks. Silent tone notes Califano, a former smoker, champions anti smoking efforts.
MENTIONED IN THIS ARTICLE
Department of Health, Education and Welfare
HEW
Joseph Califano
Figures Not Reliable on Economic Conditions
AP analyst notes unemployment figures are estimates subject to revision and seasonal adjustments. Critics debate the definition of unemployment and the seasonal adjustment method, yet official rates influence economic thinking, policy and elections.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
George Meany
Bureau of Labor Statistics
Three Quiz Questions On Space History And Figures
The questions ask who first reached space, what shared trait links Will Rogers Alexander Graham Bell and Edward V. Rickenbacker, and which airport was busiest in 1976 with options O Hare Opa Locka or Phoenix. The passage notes the BLS and commissions evaluating usage of a number as a summary tool and cautions about data manipulation and image or number distortion.
MENTIONED IN THIS ARTICLE
Alan Z. Shepard, Jr
Virgil I. Grissom
Yuri A. Gagarin
Will Rogers
Alexander Graham Bell
Edward V. Rickenbacker
U.S
O’hare
Chicago
Opa Locka
Miami
Phoenix
Federal Commission
This Day in History August 9 1978 Highlights
On this date in 1974 President Richard Nixon resigned and Vice President Ford became president. Other events include the 1831 steam locomotive Albany to Schenectady run, 1842 Webster Ashburton Treaty, 1898 Spain signs peace terms ending the Spanish American War, 1902 Edward VII crowned, 1942 Gandhi arrested, 1945 Nagasaki atomic bombing, Munich airliner crash ten years ago, 17 Houston teen murders five years ago, and Cyrus Vance’s talks in Israel a year ago showing opposition to yielding land.
MENTIONED IN THIS ARTICLE
Associated Press
Richard Nixon
Gerald Ford
United States
New York
Albany
Schenectady
Munich
West Germany
Houston
U.S
Cyrus Vance
Israel
Jordan River
West Bank
Gaza Strip
Noisy Aircraft Revenue and Credit Act Proposal
Airlines push a federal tax plan to raise about 3.2 billion dollars for buying new passenger planes. The bill would tax airline customers and hand the funds to airlines for fleet modernization, a move critics label taxpayer subsidized plane replacement. Rep. Glenn M. Anderson supports the plan while aviation groups brief House members and opponents warn of bias and misused tax authority.
MENTIONED IN THIS ARTICLE
Washington
NEA
Congress
Glenn M. Anderson
D-Calif
House Public Works and Transportation Committee
Anderson
Air Transport Association
Congressional
House
Ralph Nader
Congress Watch
FAA deadline sparks airline call for federal ticket tax
Washington lawmakers and industry push debated 2 percent federal levy on all passenger tickets to fund quieter jet fleets. Airlines argue age and retrofit costs, with many planes needing replacement amid strong profits and record traffic. United Eastern Pan Am orders total nearly $2.9 billion.
MENTIONED IN THIS ARTICLE
Federal Aviation Administration
FAA
Business Week Magazine
TWA
United
Eastern
Pan American
Kremlin Tests Carter as Soviet Ties Deteriorate, Expos
The piece portrays enduring Soviet pressure on President Carter, detailing Brezhnev’s cautious messaging, delayed summits, and a sequence of moves in Africa. It notes Moscow’s arms shipments to Ethiopia, cutoffs with Ambassador Toon, and Shcharansky’s verdict, seen as an assertion of power and a test of Carter’s resolve.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Kremlin
Carter
National Security Council
Jimmy Carter
Leonid Brezhnev
White House
Brezhnev
Minsk
Ethiopia
Ogaden
China
Ural Mountains
Malcolm Toon
Moscow
Anatoly Dobrynin
Zbigniew Brzezinski
Africa
Dobrynin
Toon
African Horn
United States
Anatoly Shcharanskyi
Shcharansky
CIA
Stansfield Turner
Soviet Union
Also Mentioned on This Page
Pecos Enterprise
Ken Dulaney
Saar
BAR OF Texas
Ben Sargent
THE
Almanac
By Roger Bollen
NEA. Inc
Martha Angle and
Robert Walters
Hqouing
Merry
Garbo
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