Contagious economies and the US budgeted burden
A survey notes inflation spreading from the United States to its major partners Britain and Japan, with Western Europe tightening credit, Switzerland and Japan pursuing policy shifts, and oil price moves aggravating Europe. Bonn talks are fading as plans shift to restraint, risking renewed dollar pressure and US deficits. Gesundheit mentions a Boston 1900 ordinance on parks and a ventriloquism etymology.
MENTIONED IN THIS ARTICLE
United States
Europe
Japan
Wall Street Journal
Britain
Iray
France
West Germany
Switzerland
U.S
Bonn
Public split on energy crisis and Carter policy
An AP NBC poll shows Americans view energy shortages as a hoax and oppose lifting domestic crude oil price controls, while favoring a windfall profits tax on oil firms. Realists back lifting controls. Those who see shortages as real lean toward supporting the change.
MENTIONED IN THIS ARTICLE
Evans Witt
Associated Press
NEW York
Carter
NBC News
Congress
This Day In History May 7 Highlights Through Time
On May 7 various events marked history from 1945 Europe’s WWII end with German surrender at Rheims to 1954 Dien Bien Phu fall in Indochina. Other notes include 1789 inaugural ball for Washington, 1915 Lusitania sinking, 1943 Tunis and Bizerte liberation, 1973 release of Terrance Leonhardy, NYU closure clashes, 1989 moves in West Germany, and 197? Italy raids on Red Brigades amid Aldo Moro.
MENTIONED IN THIS ARTICLE
Associated Press
Europe
Dwight Eisenhower
Rheims
France
New York
George Washington
Ireland
North Africa
Tunis
Bizerte
Indochina
Dien Bien Phu
U.S
Guadalajara
Mexico
Terrance Leonhardy
City College of New York
West Germany
Social Democratic Party
Helmut Schmidt
Willy Brandt
Brandt
Italy
Red Brigades
Aldo Moro
Exxon fights World Bank plan to fund LA petroleum ventures
The Exxon Corp seeks to block World Bank support for developing nations to harness their petroleum resources. It proposes privatizing exploration and production in lesser developed countries to major oil firms. Countries eyed include Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, Turkey, India, Malaysia, and Pakistan.
MENTIONED IN THIS ARTICLE
Washington
NEA
Standard Oil Trust
Exxon Corp
World Bank
Exxon
Argentina
Bolivia
Brazil
Chile
Colombia
Mexico
Turkey
India
Malaysia
Pakistan
Exxon profits and World Bank clash over oil financing
Exxon chair C C Garvin Jr warns that World Bank loans for developing oil resources risk dry holes and burden poor nations, urging private industry control. Secretary Blumenthal defends the program as boosting private capital and bidding. The piece contrasts Exxon’s profits with its stance on energy independence.
MENTIONED IN THIS ARTICLE
Exxon
Africa
Latin America
World Bank
Ldcs
C.C. Garvin Jr
Garvin
Blumenthal
Carter offends Saudis with Iran shift, risks oil flow
Washington journalist Jack Anderson argues Carter’s handling of the shah, Iran, and Saudi relations risks alienating Riyadh. He cites three blunders including pressuring the shah, delaying carrier forces, and pursuing a unilateral Israeli Egyptian pact. The piece notes Saudis’ loss of confidence and warnings from Iranians seeking compensation.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Saudi Arabia
America
Jimmy Carter
United States
U.S
U.S. Army Engineers
Iran
Middle East
Shah
Carter
Nixon
Persian Gulf
South Yemen
North Yemen
Iraq
Syria
Moscow
Yemen
Arabian
Ashington
Egypt
Anwar Sadat
Israel
Sadat
Menachem Begin
Chip
Zbigniew Brzezinski
Tehran
Council On Wage and Price Stability
Council
Barry Bosworth
Also Mentioned on This Page
Boston
Etta Fort Worth
By Gill Fox
NEA. Inc
Tive
Martha Angle and
Robert Walters
Merry
Hell
Buster
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