Ambassadors Brace for Strains as US India Ties Deteriorate
In New Delhi Ambassador Saxbe warns of drifting US India relations amid anti American rhetoric. Moscow signals firmer stance as Cold War pressures rise. Tehran backs Egypt in Arab Israeli issues. London moves to take over British Leyland to avert job losses and widen state aid as unemployment climbs to 939,767.
MENTIONED IN THIS ARTICLE
New Delhi
William B. Saxbe
United States
India
United States Congress
Ford Administration
Saxbe
Egypt
Teheran
Iran
Mohammed Riza Phalevi
Anwar el- Sadat
Mehrabad
Sadat
London
Leyland Motor Corporation
Harold Wilson
Britain
Timber Industry Shows Slow Signs of Uplift in Northwest
The Northwest timber sector, hit by a 14 year downturn, shows a cautious upturn with a 11.9 percent rise in half inch plywood and 14.8 percent rise in random length 2 by 4s. Industry officials warn against optimism while mortgage and housing loan constraints weigh on demand. Oregon unemployment in the sector eases from 26.2 percent to 22 percent as mills cut back and layoffs persist.
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Portland, Ore
Northwest Timber Industry
Crow
Portland
Robert Smith
Federal Reserve Board
Fed
Federal Reserve
Oregon
Million New Jobs Senate Bill Aims to Create One Million
The Senate is set to pass a $6.1 billion appropriations bill to fund public service employment and public works with a goal of one million jobs this year. It exceeds the House by $140 million and faces a likely presidential veto, as officials say Ford would accept only about $2 billion of the authority.
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Washington
Senate
House
Ford
Administration
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