Saudi Arabia flexes oil muscle to flood market
Saudi Arabia warned it would flood the world oil market with an extra million barrels a day until OPEC partners accept new quotas. Prices fell worldwide as Iran and Iraq boosted production to fund postwar rebuilds. OPEC meetings loom, and US policy shifts under Reagan leave the country vulnerable to volatile prices as non-OPEC producers cooperate with the Saudis to stabilize markets. The United States should not count on protection from such moves.
MENTIONED IN THIS ARTICLE
Saudi Arabia
OPEC
Iran
Iraq
United States
Canada
Mexico
America
Reagan
KGB
Persian Gulf
Bailout pressure for insolvent thrifts rises sharply
Regulators now project bailout costs for Texas S&Ls exceed 15 billion, with experts warning totals could reach 60 billion. Ailing thrifts nationwide prompt calls for liquidation of laggards and broad reform of deposit insurance to curb incentives for risky lending and deposit crowding.
MENTIONED IN THIS ARTICLE
Texas
S&ls
Federal Savings and Loan Insurance Corp
Federal Home Loan Bank Board
Pioneer Savings Bank
Rocky
Westlake levy support letter and reader replies
A reader urges support for the Westlake School levy citing a 1987 Westlake High graduate now at Bowling Green State University. The letter touches on absentee ballots for college students and urges Westlake readers to back the levy amid other letters critiquing divorce and politics.
MENTIONED IN THIS ARTICLE
Westlake High School
Westlake
Bowling Green State University
Westlake High
Lizesabove
Frank Horvath for Lorain County prosecutor
E M Parker endorses Frank Horvath a long time Republican as a good man who will serve the people of Lorain County. The notice praises his honesty and dedication to families and all residents, urging Republicans and Democrats to vote for him for prosecutor.
MENTIONED IN THIS ARTICLE
Frank Horvath
Horvath
Lorain County
E. M. Parker Lorain
Letter to the Editor at Chronicle Telegram
A reader explains that the Chronicle Telegram welcomes letters to the editor and notes letters may be edited for brevity accuracy and clarity. It asks contributors to include signature full address and telephone number and mail to Editorial Page Editor Box 4010 Elyria 44036.
MENTIONED IN THIS ARTICLE
Chronicle-Telegram
Chronicle- Telegram
Elyria
KGB may have sabotaged U S Iran talks in 1985 86
Sealed Iran-contra records suggest a KGB role in sabotaging Reagan's overtures to Iran in 1985 86. A Kuwaiti backed nephew of Rafsanjani relayed suspicions of KGB penetration to White House aides. North and McFarlane pursued back channel talks, while Secord opened another line. The piece notes Iran's strategic Gulf role and ongoing back channel diplomacy despite tensions.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Iran
Rashemi Rafsanjani
Tehran
U.S
Robert McFarlane
Mousen Kangaria
Hashemi
White House
Kangarlo
McFarlane
Rafsanjani
Ayatollah Khomeini
Richard Secord
Air Force
Congo
Central Intelligence Agency
Laos
Abe Shah
Secord
Khomeini
North
CIA
Also Mentioned on This Page
Sprinaro
Sus
Carley
the Chronicle-Telegram
Ardie Elliott Wakeman
The
Howard Metzenbaum
Ohio
Howard
Carmen A. Janik Elyria
Karen Bican
Wellington
Dukakis
Karen
Virginia Childers Wakeman
Wright
Washington Times
Ethics Committee
Jim Wright
Julian Dixon
Calif
John Meyers
Ind
Congress
Dwight Brown Brunswick Brown
Gop Horvath
Anderson
Dale van Atta
Oliver North
MINT
Jack
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