Leading Economic Indicators Dip Signaling Slowdown In 1979
Washington AP reports the index of leading economic indicators fell 1.2 percent in January the steepest drop in four years with declines in building permits and the average work week signaling slower growth. Five of ten indicators rose, including stock prices and factory orders, while inflation and a widening trade deficit press the economy. Beef prices and farm costs rose, boosting food inflation with forecasts of 6 to 10 percent 1979 food price increases.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Turkey
Department
Howard Hjort
Agriculture Department
William Cox
Cormeree Department
Khomeini Returns to Holy City Qom
Ayatollah Ruhollah Khomeini arrived in Qom after 14 years in exile to a massive, hopeful welcome. Tens of thousands of Shiite Muslims lined streets as his motorcade traveled from Tehran to the shrine, signaling he will stay active in guiding the revolution and maintain leadership.
MENTIONED IN THIS ARTICLE
Qom
Iran
Ruhollah Khomeini
Shah Mohammad Reza Pahlavi
Ayatollah
Shariat Madari
Tehran
Hazrat Maasoumeh
Khomeini
Carter Begin Peace Talks Open With Doubtful Outlook
President Carter opens talks with Israeli Prime Minister Begin amid friction over Egyptian demands on Palestinian autonomy a timetable and regional defense links. Sources say Washington backs Sadat's stance on delaying ambassador exchange until Sinai is fully returned. Nearby, Nyerere offered terms to Amin to end the war and peaceful conditions for East Africa. The Como Zoo wombat incident adds local color as Woscar the wombat surprises officials.
MENTIONED IN THIS ARTICLE
Washington
Carter
Mideast
Menachem Begin
Begin
United States
Israel
Tion
Anwar Sadat
Egypt
Sadat
U.S
Cyrus R. Vance
Camp David
United Nations
Cairo
Jerusalem
Sinai Peninsula
Carter Adopts Modest Reorganization Plans
President Carter approves two cautious reorganizations to consolidate domestic economic programs. Interior becomes a Natural Resources Department by absorbing the Forest Service and NOAA while Commerce gains control of EDA and a new development role. Congress will review amid opposition from top aides and lobbying groups.
MENTIONED IN THIS ARTICLE
Washington
Carter
Commerce Department
Interior Department
Department of Natural Resources
White House
Congress
Commierce
Housing and Urban Development
Interior
Agriculture Department
Forest Service and Commerce
National Oceanic and Atmospheric Administration
House
Patricia R. Harris
Commercee
Juanita M. Kreps
Maeet
Commerce
Unleaded Gas Could Hit $1 in Another Year
Energy Secretary James R. Schlesinger told the Senate Energy Committee that unleaded gas could reach $1 a gallon in a year due to rising oil prices. He blamed Iran's supply curtailments and warned shortages could force Sunday gas station closures and lower public thermostat settings.
MENTIONED IN THIS ARTICLE
Washington
James R. Schlesinger
Senate Energy Committee
Schlesinger
Iran
Cer
Vietnam-China clash widens as Lang Son battles rage
Vietnamese troops repulsed Chinese forces near Lang Son with claims of heavy Chinese losses and 27 000 Vietnamese dead or wounded in 12 days. China urged mutual withdrawal while denying defeat and insisting Vietnam leave Cambodia.
MENTIONED IN THIS ARTICLE
Bangkok
Thailand
Lang Son
Vietnam
Hanoi
Japan
Kyodo
Li Hsien-nien
Peking
Loc Binh
China
Cambodia
Southeast Asia
Hsinhua
Phnom Penh
Grafton School growth spotlight in Clarke Compass feature
Clarke Compass features a look at Grafton School as it prepares for growth amid local politics coverage on Page 13. Democrats promise a robust campaign this November in the Area News section.
MENTIONED IN THIS ARTICLE
Clarke Compass
Grafton School
Se Politics
Area News
Also Mentioned on This Page
Holy City
Associated Press
Jupiter
Potomac Edison
Garth Williams
Joe Moskal
Carter & Begin
Amin
Nairobi
Kenya
Julius K. Nyerere
Idi Amin
Nyerere
Uganda
Organization of African States
OAS
Tanzania
Como Zoo
St. Paul
Woscar the
Wombat
Victor Tedesco
Woscar
Dan See
EDA
Inside Today
James Wood High School
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