Baldrige warns of record 1979 trade deficit looming
Commerce Secretary Malcolm Baldrige says the United States could post a record foreign trade deficit this year if trends persist, citing Japan trade-barrier tensions and urging U.S. firms to boost efficiency and exports. He warns of risks to the world trading system and national security if deficits continue.
MENTIONED IN THIS ARTICLE
Robert Farlow
Associated Press
Washington
United States
Commerce
Malcolm Baldrige
Japan
Congress
U.S
Baldrige
Foreign Policy Association
New York City
Lionel Olivier
Olivier
Hunt brothers silver hoard to be sold by Bank of Delaware
Bank of Delaware to oversee sale of the Hunts silver hoard held as trustee and escrow agent amid a restructuring of a 1.1 billion loan with a bank consortium. The Hunts Nelson Bunker Hunt W Herbert Hunt and Lamar Hunt saw silver holdings of 63 million ounces, valued around 484 million after a drop from peak prices above 50 per ounce. Shea declined to disclose sale timing or method.
MENTIONED IN THIS ARTICLE
Bank of Delaware
Wilmington
Del
Hunt Brothers of Texas
Jeremiah P. Shea
Hunts
Hunt Brothers
Nelson Bunker Hunt
W. Herbert Hunt
Lamar Hunt
Ex-Im Prepares Financing for VASP Boeing Purchase
The U S Export Import Bank has issued a preliminary commitment to help finance a possible VASP purchase of up to 11 Boeing aircraft. If the state controlled Brazilian airline orders Boeing jets, Ex Im would back credits for up to half the borrowing need. Boeing competes with Airbus for the contract, with a $400 million to $500 million potential sale value.
MENTIONED IN THIS ARTICLE
Airbus
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Wlions of Coud
Yee
Fmamjj
Asondjfma
Tribune
Shea
Rt.11
Brewerton Rd
Mattydale, NY
Atty
Andrew Mecca Varled
Cash & Carry
Richmark
E. Genesee St
Dewitt Sports
Lindon Corrers Frtetieville
Onondaga Bank
Loaw
Tax Shelter
U.S. Treasury
Onendaga Bank
Onondaga Savings Bank
Syracuse
S. Salina St
Warren Street
S. Warren St
University Hill
Irving Ave
Shop City
River Mall
Baldwinsville
North Syracuse
N. Main St
Fairmount Fair
Norther Lights
Shoppingtown
Green Hills
Fayetteville Mall
Seneca Mall
Cayuga Region
Genesee Mail
Auburn
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