OPEC signals possible production cut amid price drop
In Geneva OPEC leaders hint at cutting output without demanding non OPEC rivals join. Saudi Arabia backs enforcing ceilings while other nations weigh making 16 to 18 million barrels daily. Analysts expect prices to rebound if cuts hold, with WTI at 13.20 a barrel as talks continue.
MENTIONED IN THIS ARTICLE
Geneva
Switzerland
OPEC
Brita
Saudi Arabia
Britain
Ecuador
Javier Espinosa Teran
Oberlin Students Block CIA Interview Access
About 90 Oberlin College students gathered at Peters Hall to block a CIA recruiter from interviewing in the career office. Officials redirected the interview to an undisclosed location, with the protest remaining peaceful and outside by 10:15.
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Oberlin
Oberlin College
CIA
Intelligence Agency
Peters Hall
Michael Stone
Stone
Ellis Delphin
Peters
Chile
Indonesia
Guatemala
Brian Miller
Damascus blast kills dozens as car bombing shocks Syria
A Damascus refrigerator truck explosion killed many and wounded scores, with Syria blaming an Iraqi-backed Lebanese agent. In Beirut, UNRWA worker Zaki Hamadeh was kidnapped while en route to work, highlighting regional instability amid refugee aid operations.
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Beirut
Lebanon
Iraq
Voice of Lebanon
Amin Gemayel
Phalange Party
Syria
Damascus
Syrian Radio
Syriani TV
U.N. Relief and Works Agency
Vienna
Austria
Zaki Hamadeh
U.N. Agency
Weather Outlook Shrugs Off Showers Tonight and Wednesday
The forecast calls for showers and thunderstorms tonight with windy conditions and a low in the mid 40s. An 80 percent rain chance persists into Wednesday with cloudy skies and a 50 percent chance of more showers and thunderstorms. highs near 56. Details on page A-3.
Lorain Promoted Workers Lose Jobs After Civil Service Test
Six of seven newly hired Lorain city utilities workers will be dismissed at month end for not scoring high enough on the Civil Service test. Only one ranked top. veterans credit boosts others’ scores, LeSuer says. Rybarczyk notes provisional hiring and training costs.
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Lorain
City Utilities Department
Utilities
John Rybarczyk
Civil Service
Ted LeSuer
Rybarczyk
Commission
Lorain Civil Service
LeSuer
US Posts Record $117.7 Billion Current Account Deficit
The Commerce Department reports 1985 current account deficit of 117.7 billion dollars, up 9.6 percent from 1984’s 107.4 billion, marking the United States as a net debtor for the first time in 71 years. The current account covers goods services and investment flows.
MENTIONED IN THIS ARTICLE
Washington
United States
The
Commerce Department
City eyes funding for Carol Lane storm basin project
Elyria City Council Finance Committee weighs financing for a $260000 storm water retention basin on Carol Lane to curb neighborhood floods as only $43,194 of the street and traffic fund is uncommitted. Auditor says borrowing could cover the cost while budget rules limit new projects.
MENTIONED IN THIS ARTICLE
Elyria
Michael Keys
Council
Keys
Carol Lane
Beverly Renner
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New York Mercantile Exchange
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DLW Entertainment
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