Word: bails
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...indefinitely, leaving the matter for its successor. But Washington officials were already raising questions about the security of Western loans to East bloc nations, which now total about $70 billion. The matter is also increasingly being seen as a test of Moscow's willingness to bail out its overextended satellites. "It is not just a question of loans and credits and money," says a senior member of the Belgium banking community, "but a supreme matter of state in East-West relations...
...Western eyes, the Soviet Union has contributed to the creditworthiness of the East bloc economies because no one believes that Moscow would allow one of its allies to go bankrupt. True, North Korea defaulted on a Western loan in 1975, but bankers attributed Moscow's failure to bail out Pyongyang to Sino-Soviet rivalry. The Kremlin has helped Poland in the past and could do so again, for example, and today it is flush with funds. Thanks to foreign sales of gold and oil, the Soviets have paid off $2.5 billion in private bank loans. Thus far, however, they...
Franklin, who was being held on $1 million bail, faces a hearing this week on whether he should be transferred to Salt Lake City, where he was indicted for violating the civil rights of two black men Theodore Fields, 20, and David Martin 18, who were shot to death in August while jogging with two teen-age white girls. Franklin had been arrested two months ago in Florence, Ky., but had soon escaped, leaving behind a Chevrolet camaro, two rifles and two handguns. Said he of the charges: "They are all trumped up because of my white racist views...
...farming estate outside Salisbury. Only minutes before, Gerald William Adams, 68, a white farm manager, had been gunned down in a daring afternoon raid, while calling for help on his emergency radio. After his arrest, Tekere was held in Chikurubi Prison for a fortnight and released on $75,000 bail. Maximum possible sentence if convicted at his trial: death by hanging...
...students and have provided Centers (Yale, Princeton, Wellesley, Dartmouth, etc.). Of course the university's response was the typical smoke screen--a committee. Perhaps alleged embezzlement/drug use does not merit committee investigation, nor even an investigation by legal authorities. Perhaps Dean Epps can find it in his "discretion" to bail out a student alleged to be involved in criminal activities and can't grant the demand of a group of diverse students for a centrally located, university-financed, student-run Third World Center in which to work to eliminate the alienating atmosphere that pervades the university, as well...