Yugoslav bankruptcy law may cut a quarter of the workforce
The new Yugoslav bankruptcy law could force about a quarter of the industrial labor force out of work. It seeks to close loss making state firms as part of a February initiated program to curb inflation and reduce a mounting debt of over 19 billion dollars. Officials warn of social strain while economists peg unemployment around 16 million workers and living standards dropping to 1967 levels amid ethnic tension and wage disputes.
MENTIONED IN THIS ARTICLE
Helghrade
Yugoslavia
Apetl
Kosovo
Dragoje Zarkovic
Belgrade
Dusan Catowie
Chinese reforms outlined for fall under Deng leadership
A 1980 Deng Xiaoping speech printed on several papers, including People’s Daily, signals major political reforms this fall to separate party and government powers, decentralize authority, and boost democracy and the legal system, as part of modernization efforts and to avoid Cultural Revolution excesses. The move follows years of debate and shifts in enforcement among reformers and conservatives.
MENTIONED IN THIS ARTICLE
Deng Xiaoping
Communist Partys
People's Daily
Deng
Communist Party
Hu Yaobang
Fahng
Mao Tse-tung
Japanese pledge of 683 million loan to Poland project
Polish leader Wojciech Jaruzelski received a pledge for a 683 million loan from a Japanese consortium for an auto manufacturing project. The group led by Daihatsu included Mitsu, Catoh and Sumitomo, competing with Fiat for a joint venture with FSO estimated at 704 million. The government had previously avoided lending due to Poland’s huge foreign debt. Jaruzelski attended a luncheon with Emperor Hirohito and planned to tour western Japan before departing Osaka.
MENTIONED IN THIS ARTICLE
Poland
Tokyo
Wojciech Jaruzelski
Mitsun
Toshikuni Yahiro
Javugelsky
Daihatsu Motor Co
Daihatsu
FSO
Mitsu, Catoh and Co
Sumitomo Corp
Fiat
Italy
Jaruzelski
Hirohito
Japan
Osaka
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Marne
MasterCard
VISA
Hertz
Marine
Marinextra
Mannextra Larid
Maine
New York
Hareson
Enter Marine
P Marine Midland Bank
Weer
The
Associated Press
Seneca Mall
Liverpool
Syracuse
Minish
Ome
Nottingham Re
Iquors
Cerner
Slyf
Cribari Chablis
Sebastiani
Riunite Chapz
Pascherris
Ey Am “Tao
Wiamer
Crackin Lake
Niagara Barres
Jaymes
Alo
Brest
France
Grace
Penmare’h
Srittany
Finistere
Spain
Onda Pesquera
Royal Engineers
Bermondsey
London
NEW York Times
Gat Lerday
Gary S
Business Days
Wanen Kowalsky
John Weitz Blazer
Warren
Gary's Clothes
Penn Can Mall
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