Healthy economy gains 0.7 percent in February
The Commerce Department reports a 0.7 percent February rise in the Index of Leading Indicators following a 1.5 percent January gain, signaling moderate growth ahead. The index, a dozen forward-looking statistics, aims to predict activity six to nine months out amid post-recession recovery. Analysts differ on whether 1984's 6.8 percent GDP gain can repeat.
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Washington
Commerce Department
Department
Reagan
Senate eyes trade war with Japan over market access
Senate approves a 92 to 0 non-binding measure urging President Reagan to retaliate with tariffs and quotas if Japan does not open markets. Sen. Lloyd Bentsen says the U.S. is in a trade war and losing while Japan boosts auto exports, threatening jobs and a growing trade surplus. The House shows momentum for tougher action as Tokyo raises auto shipments and the five year restraints near expiry. The Commerce Dept reports an $11.4 billion U.S. trade deficit for the last month.
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Washington
Japan
Congress
Reagan
Tokyo
Lloyd Bentsen
D-Tex
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Bentsen
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Robert H. Michel
R-Iii
United States
World picks new Greek president Sartzetakis in Athens
Christos Sartzetakis a Supreme Court judge backed by the Socialist Party was elected president by the 300 member Parliament on the third ballot receiving 180 votes. He succeeds Constantine Caramanlis, a conservative statesman, as Greece avoids dissolution and a general election.
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Athens
Greece
Christos Sartzetakis
Supreme Court
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Sartzetakis
Constantine Caramanlis
SIOA Wire Services Report on Police Shootings and Fallout
A police officer testifies that firing was necessary to defend themselves after shootings last week. Unrest spreads in black townships, lifting the week’s death toll to 37. In West Germany, Maj. Arthur D. Nicholson Jr., 37, body flown to the United States from Frankfurt after a brief ceremony at Rhein Main Air Base.
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Johannesburg
South Africa
Black Townships
Jacobus Wouter Pentz
Frankfurt
West Germany
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East Germany
United States
Arthur D. Nicholson Jr
Army
Rhein Main
Security drive in El Salvador ahead of elections
Soldiers check identity cards of civilians near San Vicente as 10 000 troops mobilize for Sundays general elections. A congressional delegation led by Speaker Thomas P ONeill plans a Moscow visit next month with expected talks with Mikhail Gorbachev and includes Robert Michel among about a dozen members to travel April 7 12 says an ONeill aide.
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el Salvador
Washington
Thomas P. O’neill
D-Mass
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Mik
S. Gorbachev
O’neill
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House
Robert H. Michel
R-Ill
Leningrad
Christopher Matthews
Woman says teen turmoil led me to falsely accuse rape
A woman now 23 recounts that at 16 she lied about being raped to avoid consequences of promiscuity after a mid 1977 encounter. She identified Gary Dotson as the rapist, leading to his 1979 conviction. a judge agreed to reconsider the case with Dotson potentially freed by April 5.
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Gary Dotson
New Hampshire
Dotson
Homewood
Richard L. Samuels
Country Club Hills
Joliet Correction Center
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