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THE JOURNAL OF COMMERCE EXPORTERS' CLIP & SAVE SERVICE FOOD FOR PEACE PROGRAM - A NEW TWIST
JOC Staff |
WHAT IT IS: The Food for Peace Program, or Public Law 480, is the U.S. government's primary method o
Maritime
FTC THREATENS TO BAR SALE OF PENNWALT TO FRENCH FIRM
(Ap) |
Societe Nationale Elf Aquitaine, the French government-controlled energy and chemical giant, has ext
CABINET SPLIT ON SALES OF COMPUTERS TO E. BLOC
(Ap) |
Defense Secretary Dick Cheney sharply criticized an administration decision to allow the sale of per
Maritime
EC SNUBS PARTNERS' BIDS FOR TRADE CONCESSIONS
Bruce Barnard |
The European Community Thursday restated its determination to resist the strong pressure from its ma
ECONOMIC DATA ABROAD
From Wire Reports |
WHOLESALE PRICE INDEX GROWS 0.1 PERCENT IN PERIODThe Japanese wholesale price index for July
HOWARD SIMON - SIMON SAYS
Howard Simon |
A DARK SIDE to the aluminum market is hitting some dealers hard. After two years of steadily
PANEL OKS EX-IM BANK NOMINEE
Journal of Commerce Staff |
The Senate Banking, Housing and Urban Affairs Committee Thursday favorably reported the nomination o
CUSTOMS UPDATE
JOC Staff |
BUREAU OF ALCOHOL, TOBACCO AND FIREARMS CERTIFICATES OF ORIGIN FOR WINES AND DISTILLED SPIRITS. Cert
Maritime
GREENSPAN'S REMARKS PRESSURE THE DOLLAR
Knight-Ridder Financial |
The U.S. dollar declined broadly in moderately active trading Thursday, pressured early by comments
FINANCIAL BRIEFS
From Wire and Staff Reports |
CHINA SANCTIONS CURB DEBT PAYMENT ABILITYChina will have difficulty paying its foreign debts
BUDGET CHIEF RULES OUT TAX HIKE REQUEST
Stanford Erickson |
The top budget manager of the Bush administration said Thursday he did not expect there would be any
IMF TO ADMIT ANGOLA AS MEMBER DESPITE WASHINGTON'S OPPOSITION
From Wire Reports |
Member governments of the International Monetary Fund have overridden U.S. objections and voted over
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * Howard Simon - Simon Says 6A* Greg Johnson - Managing Traffic 2B
WORLD TODAY
Wire and Staff Reports |
VETERANS' GROUPS URGE ACTION ON FLAGVeterans organizations Thursday called on Congress to ne
ANGELL TAKES OPTIMISTIC VIEW OF CHINA TURMOIL, EC MARKET
Dave Higdon |
Federal Reserve Board governor D. Wayne Angell offered an optimistic view of two major international
COST OF CREDIT
JOC Staff |
Thur., July 20, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
AMERICAN CAR BUYERS LOYAL TO RED, WHITE AND GRAY
From Wire Reports |
Red, white and gray may sound a shade less than patriotic, but American car buyers were loyal to the
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MEXICO STACK TRAIN POTENTIAL CALLED BRIGHT
David F. White |
A Japanese steamship line's experiment running double-stack trains into Mexico might spawn so many i
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
FBI INVESTIGATES SEAMEN'S UNION DATA ON DUES SCRUTINIZED
Bruce Vail |
The Federal Bureau of Investigation is looking at the financial records of the largest seafaring uni
UK LINE WILL FLOAT BOND ISSUE IN JAPAN
A.E. Cullison |
The United Kingdom's largest container shipping company plans to float $150 million in convertible b
GREENSPAN SEES SLOW ECONOMIC GROWTH AHEAD
John Boyd |
The economy should continue to grow slowly, but a recession could develop, Federal Reserve Chairman
INSURER REJECTS CLAIMS COVERING AFRICAN LOANS
Gordon Platt |
American International Group is refusing to pay claims filed by Equator Bank Ltd., under a policy co
ENRON UNIT SEEKS OK TO EXPAND PIPELINE
Journal of Commerce Staff |
Northern Natural Gas Co., a division of Enron Corp., has asked the Federal Energy Regulatory Commiss
SMALL RAIL'S TRUSTEE SUES BIG CREDITORS OVER LOANS
Howard S. Abramson |
The trustee for the bankrupt Chicago, Missouri & Western Railway has sued the road's biggest credito
STUDY SAYS EC PLAN WILL AID US BUSINESS
Richard Lawrence |
The European Community's creation of a free internal market by 1992 should help American business mo
COAST GUARD OIL CLEANUP FUNDS NEARING BOTTOM OF THE BARREL
Michael S. Lelyveld |
Recent oil spills have nearly wiped out the Coast Guard's supply of cleanupfunds as long-del
PEOPLE - ENERGY
From Wire and Staff Reports |
SMITH BARNEY HARRIS UPHAM & CO. (New York) - John DiPlacido and Gary Katich joined the company to op
SPOT PRODUCT PRICES
JOC Staff |
July 20, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
LOWER FREIGHT RATES BLAMED FOR 61 PERCENT DROP IN APC EARNINGS
Mark Magnier |
American President Cos. reported a 61 percent decline in second-quarter earnings relative to a year
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
SANTA FE RAILWAY PLANS MANAGEMENT STAFF CUTSAtchison, Topeka & Santa Fe Railway is reducing
Rail News
ANALYSIS OF MOON ROCKS YIELDS INSIGHTS INTO PAST
David Ansley |
The moon hanging overhead looks so clean and serene. But don't be fooled. ''The moon really
GREG JOHNSON - MANAGING TRAFFIC
Greg Johnson |
A PENNSYLVANIA RAIL CARRIER hopes it has better luck with a federal judge than it did with the jury.
Rail News
EC APPROVES SHORT BROTHERS AID PACKAGE
Journal of Commerce Staff |
The European Commission Thursday approved 731 million ($1.2 billion) of U.K. aid to Short Brothers
Air Cargo
PRIVATE TAXI FIRM FORMED IN VIETNAM
From Wire Reports |
Communist Vietnam's first private taxi company has been set up in Ho Chi Minh City with a brand new
PEOPLE - AVIATION
From Wire and Staff Reports |
BA Cargo Official Joins Air Canada MONTREAL - Geoff Bridges, British Airways managing direct
Air Cargo
SMALLEST LASERS ARE DEVELOPED
(Ap) |
Scientists say they have created the world's smallest lasers and packed 2 million of them onto a chi
ALL NIPPON TO LAUNCH TOKYO-LONDON FLIGHTS
Journal of Commerce Staff |
All Nippon Airways, Japan' largest commercial air carrier, announced plans Wednesday to inaugurate r
Air Cargo
AIRBUS LOSSES ESTIMATED AT $1.3 BILLION IN '87, '88
Journal of Commerce Special |
British and German banks estimate that Airbus Industrie, the European aircraft manufacturer, lost $1
Air Cargo
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