Arab American Bank Set to Open in New York
A new jointly owned Arab American Bank in New York, led by Kevin Woelfler, will open next month as a conduit for Arab investment into the United States. It is backed by FH Arab banks, four U.S. bank holding companies, and three French financial groups, with 29 shareholders from Arab nations. The bank will be capitalized at 3 million dollars and has access to up to 100 million if needed.
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Poth
Doug
Seattle
New York
Tak
United States
Middle East
Bank Obaf Arab American Bank
Bankers
Just New York Corp
The
First Chicago Corp
Security, Pacific Corp
Texas Commerce Banksnares Inc
Canada
Loli
Trudeau
Han
Pollution control in court
Washington Supreme Court reviews federal power to compel state regulation of auto exhaust. Circuit rulings from San Francisco Richmond and Washington test if the Clean Air Act authorizes EPA to enforce state standards or require action against noncompliant vehicles. Case covers Arizona California Maryland Virginia and DC with nationwide implications.
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Washington
Justees
San Francisco
Richmond
Arizona
California
Maryland
Virginia
District of Columbia
San Francis
Ariza
Environmental Protection Agency
EPA
Washington Court
Washington Metropolitan Transit Authority
Watermelon Pushing Plan Marks Bicentennial Trip
In Statesboro Georgia Raymond Cane announces a July 2 journey to Philadelphia to mark the nation’s Bicentennial. He aims to push a watermelon 756 miles, though the fruit does not roll but tumbles between two holders along a lawn Mawer frame he will push.
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Statesboro
Raymond Cane
Philadelphia
Lane
Allachel
Pressure grows on Rep Hays to quit amid sex probe
Washington sources say new pressure targets Rep Wayne Hays as investigators probe allegations by Elizabeth Ray that several congressmen regional offices involved with House employees. Aimed at separating morality from legal violations, the probe widens with Rep Mendel Davis questioned and Miss Ray expected to testify before a federal grand jury.
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Rep
Hays
Jonathan Wolman
Washington
Elizabeth Ray
Wayne Hays
House
Miss Ray
Mendel Davis
Mavis
Ohio
Davis
Miss Hay
Memaker
Memorial Day Observances Highlight Parades and Mourning
Across the nation Memorial Day featured parades, speeches, and graveside ceremonies honoring war dead from the Revolution to Vietnam. President Ford urged renewed resolve for peace while areas faced rain dampened celebrations and somber reflections on casualties and wartime memory.
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Associated
Free America
Vietnam
Dncay
Ford
Placina
Seattle
Kong
Boy Scouls
Davie
Fla.c
Time bombs explode in Army center in West Germany
AP reports two time bombs exploded at the US Army Corps headquarters in Frankfurt causing minor injuries. An Army spokeswoman said the first blast occurred on the first floor at 1 20 PM and the second on the steps to a service area. She noted windows in the wing remained intact and she avoided moving near parked cars.
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Short, West Germany
US. Army Corps
Frankuct
Teday
AUS. Army
Sean Alec
World population doubling expected in next 30 years
United Nations Secretary-General Karl Waldheim warns at Habitat World Conference that the global population will double in 30 years, intensifying poverty, pollution and housing crises. He notes one third of urban residents in developing nations live in slums and urges governments to prioritize human settlements and solutions. Prime Minister Pierre Trudeau calls for greater social cooperation as delegates gather for the conference in Vancouver, continuing through June 11.
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Vancouver
Canada
United Nations
Karl Waldheim
Waldhaten
Habitat
U.N
Waldheim
Mexico City
Ofer
Pierre Eloi Trudeau
America grows older part 1 aging population and care needs
The piece projects a rising elderly population by 2000 and beyond, predicting more hospitals and trained staff, revised Social Security and pension systems, and new government retraining programs. It cites rising costs to workers, calls for broader government involvement, and urges keeping older people in the workforce while expanding elder care facilities. Local experts from Duke and diverse institutions weigh systemic changes to pensions and health care.
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Copke
Butler
Alder Pope
George Maddox
Duke University Center For the
Durham
N.C
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