Nixon Shakes World Money System
President Nixon suspends dollar gold convertibility, floats the currency, and aims to reshape the Bretton Woods system. The move alarms markets, raises questions about global exchange rates, and includes a 10 percent import tax to shield U.S. industry while inflation and deficits loom.
MENTIONED IN THIS ARTICLE
Norman Kemster
Washington
UPD
Nixon
Bretton Woods
United States
International Monetary Fund
CMF
N.H
IMF
U.S
Market Opens In Europe After Divergent Monetary Talk
European Common Market finance ministers failed to agree on a unified policy and reopened foreign exchanges without joint dollar controls. Tokyo rebounded from losses as the dollar bought 358.85 yen, while the U S asked Japan to value the yen higher. Ministers warned that dollar suspension and a 10 percent import surcharge could reshape international commerce. Five killed in Idaho accidents raise toll to 184 for 1971 with Coupeville residents among the victims.
MENTIONED IN THIS ARTICLE
United States
Europe
Japan
Canada
U.S
Wall Street
Nixon
Zurich
Speulators
United Press International
Tokyo Stock Exchange
Tokyo
Common Market
Ferrari Aggradi
Italan
Ageradi
Idaho
Coupeville
Wash
Patricia Morris
Steven Morris
Terry Carr
Agnes Coombs
Homedale
Charles Smith
Weiser
Bride Of Soviet Pleas To Reds Bride Of Soviet Pleas To Reds
A Long Island bride living with her Soviet husband in a low-cost hotel says she must return home Sunday for lack of funds unless officials grant a residence permit. Deborah Brackman Kremnio va of Great Neck NY married Russian medical student Valeri Kremniova and seeks legal permanent residence as their visas expire.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Long Island
Deborah Brackman Kremniova
Great Neck
N.Y
Valeri Kremniova
Kremniova
Arthur Brackman
Kremnnov
Leningrad
Apollo 17 crew vows mission marks end of a beginning
Apollo 17 astronauts Eugene Cernan Ronald Evans and Jack Schmitt describe the December 1972 moon mission as the end of a beginning. Cernan calls it a reconnaissance survey of the moon while noting budget cuts moved Schmitt to the crew for scientific value.
MENTIONED IN THIS ARTICLE
Edmund Glen Johnson
UPI
Space Winter Space Center
Houston
U.S
Eugene A. Cernan
Ronald Ef, Evans
Harrison H
Jack’’ Schmitt
Cernan
Ron
Jack
Meriwether Lewis
William Clark
Louisiana Territory
Evans
Schmitt
Joseph Engle
Harvard
Space Agency
Prt
Supreme Court Justice Warns Justice May Deteriorate
Associate justice Byron R. White told the 10th Circuit Judicial Conference in Salt Lake City that rising caseloads may erode judicial quality. He urged conferences among judges and bar members to sharpen decisions as new areas of law stretch courts. Chief Justice Burger and Justice Blackmun attended. Governor Rampton warned Congress bypasses state governments, threatening local governance and city finances.
MENTIONED IN THIS ARTICLE
Salt Lake City
Byron R. White
U.S. Supreme Court
U.S. Circuit Judicial Conference
Warren FE. Burger
White
Utah Bar Association
Salt Lake
Also Mentioned on This Page
Apollo
Supreme Ct
Warren E. Burger
Harry A. Blackmun
Burger
Blackmun
Calvin L. Rampton
Rampton
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