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...will be how to control inflation," Friedman was quoted as telling Italian newspaper Corriere della Sera." And Manpower Inc. released a quarterly employment survey finding U.S. employers likely to keep hiring in the deep freeze through the fourth quarter (Oct.-Dec.). Which should at least help keep inflation at bay...
DIED. MAUREEN REAGAN, 60, strong-willed, outspoken daughter of Ronald Reagan and actress Jane Wyman; of melanoma; in Granite Bay, Calif. Maureen avowed that she "was a Republican before the President was," though her views often--and publicly--clashed with his. Just like Dad, Maureen tried her hand early on at TV and film (bit parts on The Partridge Family and in the Elvis Presley film Kissin' Cousins), then at politics (unsuccessful bids for Senate and House seats in California in 1982 and 1992) and at writing (a memoir, First Father, First Daughter, published in 1989). In 1981, she married...
Moscow is upbeat: The operation to raise the Kursk proceeds according to plan. But a crucial stage in the salvage operation, cutting off the sunken submarine's bow torpedo bay, has been delayed at least a week, raising new questions about just how serious the Russian government is about ever finding out just what went wrong. The delay has been explained as a failure of the Dutch-made underwater saw-chain and as the fault of rumored poor training of the Russian contingent of the diving team. Unconfirmed information that the Chief Military Prosecutor's Office (CMPO) allegedly intervened...
...years ago this week that East German soldiers, equipped with shovels and concrete blocks and barbed wire, began to build the Berlin Wall. It was yet another dark development in the crisis-ridden first summer of John Kennedy's Presidency. There had been the Bay of Pigs in April, then the June summit in Vienna where Soviet boss Nikita Khruschev pounded the table in Kennedy's face and declared that partitioned Berlin was "a bone in my throat" he intended to be rid of soon...
Even so, the dreams of an H2O bonanza can be maddeningly elusive. During the past half-century, there have been at least nine proposals for large-scale water diversions from Canada and Alaska, including a $100 billion megaproject to pipe water from James Bay in northern Quebec to the Western U.S. and a bizarre scheme for tugboats to tow icebergs to Mexico. Just three months ago, a Greek company, Aquarius Water Transportation, was in Houston trying to interest clients in pumping North American water into rafts the size of football fields and towing them to parched locales around the world...