Global electricity cuts hit half of France amid strikes
France faced power outages in the southeast as labour unions warned rotating cuts would continue for a week. The disruptions followed a general strike by major unions and affected elevators, heating and industry. In other news, Israel weighs more F-15s after pilot tests and Saudi sale opposition. Japan Air Lines suffers 60 percent flight cuts. Rome riot police quell protests tied to unemployment and political tensions.
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Laos appeals for U.S. ties amid two-year anniversary
Laos leader Kaysone Pleads for improved relations with the United States and postwar aid as drought and hyperinflation strain the country. He also seeks closer ties with Thailand while defending a stance of normalization in a Vientiane address attended by reporters and diplomats.
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New York City Must Produce Long-Term Fiscal Plan
Treasury Secretary Blumenthal told the New York Board of Trade that the city must craft a long-term fiscal plan with a balanced budget to qualify for extensions of federal seasonal loans. He warned that without such a plan Congress may not extend lending and urged realism to the audience.
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W. Michael Blumenthal
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