Word: ottawa
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Defense Secretary Caspar Weinberger, visiting Ottawa, stayed in close touch with Washington through secure communications aboard his Grumman executive jet. Meanwhile the Saratoga, accompanied by the Aegis-class guided-missile cruiser Yorktown, was steaming in the Adriatic close to the Greek-Albanian border. All told, about 25 U.S. warships were stationed in the eastern Mediterranean, many of them with the sophisticated radar capability needed to pick the EgyptAir plane out of the heavy stream of regular Mediterranean air traffic...
Fearing yet another collapse, Canada's six largest banks, which together control 95% of the country's bank assets, have moved to save Mercantile. At the request of the Ottawa government, they have pumped more than $300 million into the ailing bank over the past three weeks...
...battle against inflation. So in addition to nominating Johnson, the Administration is considering monetarist economists for the other Federal Reserve vacancy. Monetarists have long advocated steady money growth as a way of guarding against inflation. A leading contender in this camp is Wayne Angell, an economics professor at Ottawa University in Kansas. Angell, whose nomination has been urged by Kansas Senator Robert Dole, has a firsthand understanding of the credit crunch in the farm belt. He is a part-time farmer, and, together with his brother, owns a small bank in Pleasanton, Kans., and a second in Hume...
BORN. To Mila Mulroney, 32, and Brian Mulroney, 46, Progressive Conservative Prime Minister of Canada since September 1984; their fourth child, third son; in Ottawa. Name: Daniel Nicolas Dimitri. Weight: 7 lbs. 14 oz. Said Mulroney of his newborn son: "He's loud enough to be a Tory...
Knowing that Mulroney could not go back to Ottawa without at least some concession on acid rain, Administration officials came up with a plan to appoint a joint U.S.-Canadian team to examine the issue. The President and the Prime Minister announced that former Transportation Secretary Drew Lewis and former Ontario Premier William Davis would be named special envoys to seek ways of combating the problem. Said Mulroney: "We have broken a three-year deadlock by agreeing to our common and shared responsibility to preserve our common environment." Added Reagan: "I couldn't be happier about getting this under...