Waldheim calls for anti-terrorism treaty
United Nations Secretary General Kurt Waldheim urged an international anti-terrorism agreement after condemning Aldo Moro's killing. He said governments may be ready to approve a treaty and noted prior UN efforts and German support. He left Moro’s fate to the Italian government.
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Senate urged to cut oil subsidy plan
Washington AP reports the Senate Energy Committee, by 17 to 1, urged the Carter administration to drop a plan to boost subsidies for East Coast imported oil. The plan would be offset by refineries elsewhere and critics warned it would lower East Coast prices at the expense of the nation.
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Senate
Carter
Senate Energy Committee
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Fed Raises Discount Rate Half Percent to Seven
The Federal Reserve Board raised its discount rate by one half percent to 7 percent, the highest in over three years, as part of efforts to curb inflation amid rising interest rates. The move comes under new chairman G. William Miller and follows general rate hikes affecting banks and the housing market.
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Federal Reserve Board
G. William Miller
Carter
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House to act on export of torture devices
Rep. Donald Fraser D Minn sponsors a measure to cut exports of shackles leg irons and similar crime control gear to nations with human rights violations The bill adds these items to the Munitions Control Act and requires State Department license review It would bar police equipment sales to gross violators and force disclosure of sales over 100000 to Congress
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Washington
Donald Fraser
D-Minn
House International
State Department
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Sadat hints new roles for West Bank and Gaza
Egyptian President Anwar Sadat proposed that the West Bank might be managed by Jordan and Gaza by Egypt as interim steps toward peace. He said Palestinians must be included and could determine their future after five years, while warning against hard lines and continued Israeli sovereignty over settlements.
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New York Times
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SIU Edwardsville gets $641000 appropriation amid budget trims
The Senate Appropriations Committee II approved $641,000 for SIU Edwardsville to fund a physical education building, while trimming about $2.5 million from Illinois and $1.1 million from SIU requests to align with Gov. Thompson’s budget. The panel sent the measure to the floor on a 6-2 vote with a mostly party-line split and amended it to use capital bond money rather than general revenue funds. Final action on the bills for the four university systems could come next week.
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Lindsay-Schaub
Springfield
Southern Illinois University
Edwardsville
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Dedwardsville
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The
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Bomb kills two in Raleigh suburb shopping center
A bomb exploded in a Cary shopping center injuring several and killing two people. Police said a man armed with plastic explosives took a hostage before the blast, which blew out a wall of the center.
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Cary
N.C
Raleigh
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