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Americans in Italy fear lower pension payments after dollar drop
In a note from MONTLUCON FRANCE and Rome, 50 000 American pensioners in Italy worry about reduced monthly checks as the dollar falls from gold. The embassy reports 63 million dollars in checks monthly from five agencies and unions may add up to a million more. Officials urge patience while a new rate is set. In a separate report, giant hailstones hit southwest France, killing one and forcing 300 evacuees from a campground near Bugeat.
MENTIONED IN THIS ARTICLE
Mome Wm
U.S
America
Nixon
Federal Agency
Italy
Social Security
Veterans’ Administration
Anthony Gentile
Montlucon
France
Bugeat
Kyodo
Tokyo
Bank of Tokyo
Fuji, Sanwa
Simitomo
Hong Kong
Asia
Japan
Europe