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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Jul 13, 1982
Page
1
Vatican City AP reports the Holy See named three outside financial experts to examine the Vatican bank's dealings with Banco Ambrosiano. The move aims to address a government demand for a detailed account amid a major Italian financial scandal.
Gerard Tuite, once named the most dangerous IRA figure in Britain, was found guilty of storing explosives at his London home in 1978 79. A three judge panel ordered a future sentencing. A separate report from Indianapolis notes a Greyhound bus collision with a stopped semi on I 65 injuring 41.
West German bankers and Soviet officials in Leningrad finalize a $160 million credit package to build a Siberia to Western Europe gas pipeline. They criticized Reagan's stance on the project as the agreement was praised for advancing energy ties between East and West. However the meeting occurred amid US objections.
A 3-foot tegu lizard named Spot escaped a backyard tank after pushing aside weights. Owner Richard Renda fears a hungry carnivore may bite someone as neighbors search the area. the black and yellow spotted reptile weighs about 74 pounds and has not been found after days of searching.
Israeli forces push to new positions around Beirut with 35,000 to 40,000 troops, 300 tanks, and 500 APCs. A 6th cease-fire by U S envoy Habib pauses heavy artillery duels. West Beirut eases blockade but faces fuel shortages. Arafat rejects broader negotiations while Habash dismisses leaving Lebanon.
Los Angeles AP report says elderly couple Ann Yarbrough and James Yarbrough posted $1000 bail each after arraignment on charges of defrauding Ronald Reagan and others by posing as wealthy buyers. Prosecutors say they drained nearby estates and arranged sham loans to cover a $1 million escrow. Nancy Reagan may testify. seven victims totaled $123,000. The couple, longtime LA residents, deny wrongdoing and claim bail risk illness and family ties.
President Reagan outlined a slimmer version of New Federalism to county officials in Baltimore, reducing targeted programs from about 50 to 35 and promising 100 percent pass-through of federal funds. He dropped a state takeover of the food stamp program and offered few specifics on details or economic revival.
The National League of Cities reports that American cities face rising costs and lagging revenues, with outlays up 13.3 percent while income grows 11.1 percent. The survey covers 43 communities from Green River Wyoming to New York City and notes difficulty replacing lost federal aid from local funds.
Thunderstorms packing 60 mph winds caused damage in Texas Iowa and New Jersey with estimated losses around 1 million dollars. A flash flood warning followed Cedar Creek in Monroe County Iowa while the Ocean County New Jersey shore flooded and the Skydiver ride toppled at Casino Pier.
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