Inflation to Persist as Growth Slows Next Year
A senior government economist says the US may escape a recession next year but will face high inflation longer. Sidney L. Jones warns Nixon plans to curb growth could raise unemployment and cautions on policy risks. The report also covers pipeline deals, Watergate money probes, energy conservation talks, Tropical Storm Gilda, and AFL-CIO stance on the Equal Rights Amendment.
MENTIONED IN THIS ARTICLE
Washington
Sidney L. Jones
Commerce
Nixon
Miami Beach
Afl-Cio
Guadalajara Kidnapping Case Sparks Nationwide Manhunt
A nationwide manhunt targets Luis Andalon Valle who led the gang that kidnapped the British honorary consul in Guadalajara and millionaire Fernando Aranguren. Aranguren was found shot dead in a car after the victim’s families paid a ransom. authorities refused to release prisoners.
MENTIONED IN THIS ARTICLE
Guadalajara
Mexico
Luis Andalon Valle
Fernando Aranguren
Aranguren
Saudi Arabia Cuts Oil Shipments Amid Israel War Pressure
Saudi Arabia says it will cut oil production by 10 percent in October and November and may halt US oil shipments unless Washington shifts its stance toward the Arab-Israeli war. A 5 percent monthly cut may follow after November as oil experts warn of global shortages and allied pressure.
MENTIONED IN THIS ARTICLE
Beirut
Saudi Arabia
United States
U.S
Israel
Middle East
Faisal
Ameria
State Department
Robert J.mccloskey
Washington
Europe
Japan
Ington
Britain
The
Organization of Arab Petroleum Exporting Countries
Beirut Bank Raid Ends With Hostage Deaths
In Beirut security forces forcefully entered a besieged Bank of America held by Lebanese gunmen. An American hostage was killed during the raid while another Lebanese hostage also perished, with authorities reporting a deadly confrontation and ongoing investigations.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Bank of America
Bulding
John Crawford Maxwell
Winnipeg
Canada
Douglas Aircraft Corp
Long Beach
Calif
Bahir Takieddin
Maxwell
Aly Shatb
Lebanese Socialist Revolutionary Movement
Bank
Scabies outbreak feared as Midwest cattle affected
AP reporting from Washington cites Agriculture Department officials warning of new scabies outbreaks in cattle in Iowa Nebraska and Indiana with earlier cases in the Southwest. Federal quarantines linger in New Mexico and Texas Panhandle counties as authorities monitor spread and shipments.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Iowa
Nebraska
Indiana
Department
Animal and Health Inspection Service
Southwest
J. M. Hejl
The
Inspection Service
West
New Mexico
Texas Panhandle
Hesl
New Hong Kong flu strain expected to hit this winter
An AP report from Atlanta quotes Dr. Robert Rubin of the CDC saying a new Type B Hong Kong influenza virus, B-Hong Kong 572, has been isolated. He notes Type B influenza is spreading in Japan, Australia, and England and is likely to become prevalent in the United States this winter.
MENTIONED IN THIS ARTICLE
Hong Kong
Atlanta, Ga
Center For Disease Control Laws
Robert Rubin
F Oidegie
Japan
Australia
England
Rubin
United States
London
CDC
Tax evaders face fines and probation in 1973
The Justice Department prosecuted 1,342 people for income tax evasion in fiscal 1973. Of those, 821 pled guilty, 330 pled no contest, 123 were convicted after pleading innocent, and 68 were acquitted. A majority of guilty pleas received fines plus probation or suspended sentences, with 496 in this category.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
Spiro T. Agnew
Agnew
Beef supplies remain below normal despite rising summer encounters
Washington reports beef stocks will not reach normal levels until spring 1974 as cattle herds rebuild after high feed costs and price controls. An Oct 1 inventory shows 12.1 million cattle fattened, with fewer than 6.7 million head expected to be sold this fall, and experts foresee a 12 to 15 percent rise by next June.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
USDA
U.S
Iron Administration
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