Shaky dollars unload Arab gold buying lifts price to high
Arab buying pushed gold to new highs in Europe and New York as the dollar rose versus the yen and fell against most European currencies. Central bank intervention eased losses. Gold climbed to 413.25 in London and 414.50 in Zurich, reaching 419 in New York before retreating to 415.50. It marked the first close above 400 on European markets.
MENTIONED IN THIS ARTICLE
Associated Press
Europe
New York
London
Zurich
Franc Schumach
Marcus & Co
Commodity Exchange
New York Mercantile Exchange
Tokyo
Bank of Japan
Japan
Bundesbank
U.S. Federal Reserve
U.S
Carter orders stepped up Caribbean presence to deter Soviet Cuban threat
President Carter ordered increased U S military presence in the Caribbean to reassure neighbors amid a Soviet Cuban brigade in Cuba. About 1 500 Marines to Guantanamo Bay and a new Key West headquarters unit were created to manage Caribbean operations, while diplomacy and aid efforts aimed to curb Communist influence.
MENTIONED IN THIS ARTICLE
Brooks Jackson
Associated Press
Washington
Carter
U.S
Caribbean
Soviet Union
Cuba
Latin America
Nicaragua
Thl Salvador
Guantanamo Bay
Key West
Fla
Army
Navy
Air Force
Marine Corps
Congress
Leonid Brezhnev
United States
Fidel Castro
Helium balloon down near Van Wert during storm
A helium balloon carrying four adventurers attempting a transcontinental flight went down in a thunderstorm near Spencerville, Ohio. All crew members reportedly were safe, though Allen County officials noted at least one injury with few details. Last contact came at 11:56 p.m. EDT via ham radio.
MENTIONED IN THIS ARTICLE
van Wert
Ohio
Tom Edmonds
Weather Service Corp
Bedford
Mass
Allen County Sheriff's Department
Sheriff's Department
Spencerville
Here
Slavery alleged on farms across southeast Brazil
Five plantation workers testified on television that other laborers are kept in bondage and whipped for attempting to escape. Police rescued 17 adults and nine children after a woman fled to the state capital to report mistreatment, with more than 30 believed to remain enslaved on additional farms. The report notes ongoing slave concerns in the region.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
Brazil
Mexican president rejects paying for Gulf spill damages
President Jose Lopez Portillo announced Mexico will pay nothing for damages in the Gulf of Mexico from the Ixtoco oil well spill, citing the U.S. refusal to compensate for saline damage in the Mexicali Valley. He spoke after meetings with Carter and at Washington and Mexico City rallies. About 110 million gallons spilled, with the flow reduced to 420,000 gallons daily. capping hoped by mid month.
MENTIONED IN THIS ARTICLE
Kevin M. Kelleghan
Associated Press
Mexico City
U.S
Mexico
Mexicali
Jose Lopez Portillo
Texas
Ixtoco
Gulf of Mexico
United States
Mexicali Valley
Lopez Portillo
Colorado
California
Arizona
Luis Scheverria
Washington
U.S. Congress
Panama
Carter
U.N. General Assembly
Panama Canal Zone
Foreign Ministry
Bay of Campeche
PEMEX
New York City Debt Rises to 11.3 Billion
New York City increased its net debt by 183 million to 11.3 billion for the year ending July 1 as a special state deputy comptroller Sidney Schwartz reported. City obligations total 6.2 billion plus 5.1 billion via the Municipal Assistance Corp. per resident debt hits 1,550, highest nationwide.
MENTIONED IN THIS ARTICLE
New York
New York City
Sidney Schwartz
Municipal Assistance Corp
Carter Salts Treaty Plea Met with Cautious Texas Response
President Carter urged Senate to advance SALT II despite Soviet troops in Cuba. Sen. Lloyd Bentsen of Texas voiced skepticism and said he would decide during debate. Sen. John Tower criticized Carter as self-serving while noting some military steps might be prudent.
MENTIONED IN THIS ARTICLE
Washington
Carter
Senate
Cuba
Texas
Lloyd Bentson
John Tower
Tower
Caribbean
Bentsen
Four killed as Amtrak train derails near Lawrence
An Amtrak passenger train left the tracks and struck a house in Lawrence Kansas injuring dozens. Four passengers were killed and 10 admitted to Lawrence Memorial Hospital with 10 to 15 more en route for treatment. Fire and police reported 18 cars left the tracks but no one in the house was harmed. Authorities awaited the derailment's cause.
MENTIONED IN THIS ARTICLE
Lawrence
Kan
Amtrak
Bob Campbell
Lawrence Memorial Hospital
Campbell
Medieval cooks redefine garbage into delicacy
In medieval kitchens the term garbage described not waste but a stew of chicken heads feet and innards crafted by inventive chefs as a delicacy.
Also Mentioned on This Page
Samuel Montagu
Louise Brown
England
World Trade Center
Arizona National Guard
American Atomics Corp
Bruce Babbitt
The
Paris
American Center For Students
Rockefeller Foundation
Bern
Switzerland
Czechoslovakia
Peter Jiricek
Vladimir Jurika
Justice Ministry
Eiricek
Jurika
Ludmila Belousova
Oleg Protopopov
Ford
Detroit
Ford Motor Co
Phillip Caldwell
Henry Ford II
William Clay Ford
Henry
Lake Buena Vista
Disney World
EPCOT
Bob Graham
Tallahassee
Jim Smith
Graham
John Speakelink
Elmer
George Vasquez
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