Why the Soviet threat in Africa They played the game better
Jonathan Power argues the Soviet Union built credibility in Africa by opposing white supremacy in Southern Africa and aiding black nationalists. The piece weighs Angola and Horn of Africa events, U.S. muddling, and Zaire’s role, urging the West to back democratic states, drop Cuba fears, and resist pressure on Rhodesia and South Africa to gain Western influence across Africa within two years.
MENTIONED IN THIS ARTICLE
Africa
Jonathan Power
London
South Africa
Rhodesia
Portugal
Angola
CIA
Agostinho Neto
Popular Movement For the Liberation of Angola
U.S
United States
Somalia
Ethiopia
Zaire
France
Cuba
David Owen
Castro
Havana
Luanda
Soviet Union
Aden
Nigeria
Kenya
Tanzania
Chad
Mauritania
SWAPO
Namibia
Ian Smith
U S watch Bolivian precedent shapes Latin politics
Analysis by Max Holt evaluates U S reaction to Bolivia 1978 elections and coup. It contrasts past regimes with Pereda Alban's move in Santa Cruz, noting Carter era human rights aims, the misgivings over electoral fraud, and U S policy drift toward civilian rule while safeguarding economic interests.
MENTIONED IN THIS ARTICLE
Max Holt
Washington
el Gobierno de Turno
Air Force
Juan Pereda Alban
Hugo Banzer
Santa Cruz
United States
Carter
Bolivia
Latin America
United States Agency For International Development
la Paz
U.S
Alliance For Progress
Pereda
State Department
Banzer
Organization of American States
Interest rate futures gain traction among traders
Professional money managers gravitate to a newly developed market for debt instruments to shield against volatile rates. Futures on mortgage certificates, bonds, and commercial paper trade on the Chicago Board of Trade and Chicago Mercantile Exchange, attracting hedgers and speculators alike as volume grows.
MENTIONED IN THIS ARTICLE
William Robbins
New York Times
Chicago
Chicago’ Board of Trade
Chicago Mercantile Exchange
Treasury
Phillip Zachary
Ray Conman
Zachary
California
Conman
Chicago Board of Trade
American Stock Exchange
Commodity Futures Trading Commission
Board of Trade
Mercantile Exchange
Ginnie Mae
National Mortgage Association
Ginnie Maes
Speculators Move in Futures Markets Begin To Form
Banks slow to join the futures market as analysts outline hedging by security dealers and big corporations. Traders like Ray Conman use spreads between September and December to profit from price differentials, while Terrence Cullerton faces losses trading September Ginnie Mae contracts. Arbitrageurs such as Richard Sandor and Joseph Hickey illustrate large-scale, high-stakes operations in Treasury bonds and Ginnie Mae futures, where missteps could cost millions.
MENTIONED IN THIS ARTICLE
Phillip Zachary
California
Ray Conman
Conman
Terrence Cullerton
Ginnie Mae
Richard Sandor
Conti-Financial
Continental Grain Company
Treasury
Joseph Hickey
A.C.L.I. Government Securities Inc
Hickey
Also Mentioned on This Page
Horn of
Afica
Haile Selassie
America
Cergue
International Herald Tribune
Paris
Max Holland
Center For International Policy
Moscow
Ogaden
Ber
Organization of African Unity
South America
Venezuela
French Guiana
Eaea
the Economist
Carbondale
Herrin
Murphysboro
Marion
The
Treasury Bill
of Financial Instruments
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