Word: withdrawn
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President Carter hailed the Somali decision and urged the Soviet-Cuban expedition to do exactly the same thing: leave Ethiopia. Said Carter: "As soon as Somali forces have withdrawn completely, and as soon as Ethiopian forces have reestablished control over their territory, withdrawal of the Soviet and Cuban combat presence should begin." By week's end there were reports out of Washington that Moscow has told the Administration it expects a "very substantial reduction" in the number of Cubans in Ethiopia, currently about...
Members of TIME'S Board of Economists predict that the Federal Reserve soon will ease its Regulation Q and allow commercial banks to pay higher interest on passbook savings, which can be withdrawn at any time. Regulation Q now sets a ceiling of 5% on them. If that is raised, the Federal Home Loan Bank Board also would have to permit savings and loans to pay more than their present 5½% maximum. Otherwise, savers would be tempted to pull out their money and invest it in Treasury bills and other paper that yield...
...message. Scanning the note that had been handed to him, the King turned to his interviewer, TIME Cairo Bureau Chief Wilton Wynn. "I suppose," said Hussein with a grim smile, "we should be speaking in the past tense." The King read the dispatch aloud: President Anwar Sadat had withdrawn his delegation from Jerusalem and summoned the Egyptian parliament into special session...
...concentration camps even before Hitler, the manifesto charged that the "barbaric" Soviet system had since 1945 claimed "more victims in Eastern Europe than Hitler's Nazism and World War II." The manifesto called for the restoration of basic freedoms and the reunification of Germany, after the East has withdrawn from the Warsaw Pact and the West from NATO...
...phrase such as "a solution of the Palestinian problem in all its aspects." Cairo is also prepared to accept a lengthy transition period (probably five years) for the West Bank, hoping that the region would gradually develop permanent links with Jordan. During that period, Israeli forces would be withdrawn and replaced by U.N. and Jordanian forces. An agreement on the complex question of Jerusalem must also be reached; at the Vatican last week, Israeli Foreign Minister Moshe Dayan discussed the matter with Pope Paul VI, who advocates a "special statute" assuring free access to Jerusalem's holy places...