Cleveland teeters on default over 15.5 million debt
Cleveland faces potential bankruptcy as six local banks await payment of 15.5 million due today. Mayor Kucinich pushes a plan including an income tax increase to win bank extensions, while Cleveland Trust presses for full note repayment and opposition to selling the Municipal Light system complicates rescue efforts.
MENTIONED IN THIS ARTICLE
Cleveland
Detroit
Cleveland Trust Co
Cleveland Trust
Dennis Kucinich
George Forbes
Kucinich
Oil cartel plans price increases
The world oil cartel organized by OPEC opens talks in Abu Dhabi with plans to raise its base crude price by about 5 to 10 percent. If enacted this could add roughly half to one cent per gallon to U S gasoline, as ministers weigh how much to lift prices to offset inflation and a weaker dollar. Analysts note stockpiling and Iran strikes helped tighten markets, with Libyan and Iraqi ministers advocating a sizeable rise beyond 5 or 10 percent.
MENTIONED IN THIS ARTICLE
Abu Dhabi
United Arab Emirates
World Oil Cartel
Organization of Petroleum Exporting
Persian Gulf
Emirate
OPEC
Treasuries
Saudi Arabia
Iran
Izzedin al-Mabruk
Tayeh Abdul Karim
Begin cabinet backs rejected Egypt peace terms clash
Israeli Prime Minister Menachem Begin seeks cabinet endorsement of rejecting Egypt's latest peace proposals amid U S pressure. Cyrus Vance failed to wrap up an accord by the Camp David deadline, as Begin and aides call the Egyptian demands largely unacceptable and threaten later negotiations. Israel plans new settlement building despite a three month halt underscoring ongoing tensions.
MENTIONED IN THIS ARTICLE
Jerusalem
Menachem Begin
Egypt
U.S
Begin
Cyrus R. Vance
Vance
Cairo
Washington
Camp David
Anwar Sadat
Israel
Jerusalem Post
Gaza Strip
West Bank
Jordan River
Carter
Abc-Tv
Sadat
Israel Radio
Ariel Sharon
Golan Heights
Syria
Mexican American warded boy dies in Guyana cult clash
Vincent Lopez, a Mexican American youth from Oakland, died in Jonestown Guyana, one of over 200 children linked to Peoples Temple. The Alameda County system placed him under foster care and guardianship with Walter Jones, who later defected from the cult. Authorities and family seek answers about how he arrived and died.
MENTIONED IN THIS ARTICLE
Associated Press
Oakland
Calif
Vincent Lopez
Vincent
Alamada Coty
Peoples Temple
Jonestown
Guyana
Alameda County Probation Office
Superior Court
South America
Walter Jones
San Francisco
Jim Jones
MIT
Mendocino
Dennis Denny
California
Peoples Temples Homes
Shaner
Alameda County
Eugene Brown
Jones
Joseph Mazor
Mazor
District Attorney
Alamada County
Iran unrest deepens as 22 more civilians killed
Reports from Isfahan Najaf Abad Sabzevar and other towns recount at least 22 civilians dead amid clashes with Shah Pahlavi forces. Officials warn against demonstrations as troops crack down while rumors of army mutiny surface and power outages hit Tehran amid political tension.
MENTIONED IN THIS ARTICLE
Philip Dopoulos
Associated Press
Tehran
Iran
Shah Mohammad Reza Pahlavi
Ayatullah Khomaini
Isfahan
Najaf Abad
Sabzevar
Niavaran
Imperial Guard
Jahrum
Ali Amini
Reza
Shah
Judge refuses bid to ban Christmas songs in Sioux Falls schools
A federal judge denies a temporary injunction to bar religious songs in Sioux Falls public school Christmas programs. Judge Andrew Bogue will decide after holidays on a permanent ban request. The ACLU argues the songs violate the constitutional separation of church and state.
MENTIONED IN THIS ARTICLE
Sioux Falls
S.D
Andrew Bogue
Bogue
The
American Civil Liberties Union
Also Mentioned on This Page
City of
Salisbury
Don
Jean Bergner
Pratt County
American Agriculture Movement
Bergner
Tabriz
Mashhad
Farnum Jewelry
Pecos
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