West German Mark Revalued to Curb Inflation
The West German government raised the international exchange rate to 3.66 marks per dollar to fight inflation and cool the economic boom. The move, a key policy by the Social Democrats, aims to lower Germany’s trade surplus and domestic price pressures while president economists warn some sectors will suffer.
MENTIONED IN THIS ARTICLE
Feter Rehak
Associated Press
Wrater
Bonn
West Germany
Holt
Volkswagen
Ernst Leitz
Karl Schiller
Social Democrats
Christian Democrats
Washington
U.S. Treasury Department
Schiller
West Germany revalues mark amid economic shift
The Associated Press notes a new mark revaluation lowering purchasing power as $1 equals 3.66 marks from Monday. The move aims to curb imports, attract foreign investment, and stabilize the economy after a long period of high exports and wartime damage.
MENTIONED IN THIS ARTICLE
West
West Germany
Germany
Biggest Battle In More Than A Month Kills 47
American forces killed 47 enemy soldiers in their largest fight in over a month, five hours northwest of Saigon. Ten Americans died and 12 were wounded as troops faced covert enemy ambushes and spider-hole attacks. The action follows shifts toward South Vietnamese control and hints at a northern winter campaign plan.
MENTIONED IN THIS ARTICLE
Jay Sharbutt
Associated Free Writer
Saigon
25Th Infantry Division
United States
U.S
Northern Ireland Eyes Tourism Boom Amid Troubles
Northern Ireland hopes a 1971 tourism push will bring visitors despite recent turmoil. Hotels report a 10 percent drop from 4 187 000 in the prior year, but the Ulster comeback plan features a United States Canada and Germany drive. Belfast builds a leisure center as Farm guest houses invite stays at about 3 a night with horse riding and fishing.
MENTIONED IN THIS ARTICLE
Helpast
Northern Ireland
Ulster
United States
Canada
Germany
Belfast
William Stephens
Northern Treland Tourist Board
Warren Point
Mourne
Irish Republic
Republic
Libya’s New Leaders Target Israel in Arab Campaign
New Libyan regime led by Col Muammar al-Kadafi adopts anti Israel stance and pledges liberation of Palestine. They plan a strong modern army while avoiding direct war, with initial aid to the PLO and a possible token Libyan force to join the Suez Canal conflict.
MENTIONED IN THIS ARTICLE
Thipol
Libya
Isad
Palestine
Suez Canal
Libyan Arab Republic
United States
Britain
Idris
Egypt
Russia
Bri
Hut Idris
Israel
Middle East
Dut iCol
Muamar Mohammed Kado
Tripoli
Karlaii
Palestine Liberation Organization
PLO
Pensions Boosted Again By Lawmakers Controversy Returns
The Associated Press reports a new liberalization of the federal employee retirement plan. A 1946 base salary of 12 500 and a pension of 10 000 were updated as Congress tied long service to higher benefits. The measure raises maximum pensions and expands eligibility while noting politics around salary increases.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Associated Press
Rea Lon v . i. Suave
Taro
Congress
Werk
Gall
Fey
Salk Sees Natural Inhibition Curbing Population Boom
Dr. Jonas Salk speaking at a Anaheim aviation meeting says a natural inhibition may curb the world population explosion. He notes an intuitive response to overpopulation in living organisms and cites cell cultures that stop growing after reaching a single cell layer.
MENTIONED IN THIS ARTICLE
Anaheim
Calif
Jobas Salk
Salle
American Institute of Aeronautics and Astronautics
Who Is Christ Declared In Word and Faith
A religious meditation asks who Christ is and urges a personal declaration of faith. It frames the inquiry as essential and unbypassable, prompting readers to answer who Jesus is and affirm their belief.
MENTIONED IN THIS ARTICLE
Christ
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