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j, I - J. , 1 t p ' Kir
TJ 5J РЧ jw ШЏк {5J ЕП
Unemployment is noyv widespread in the
United States and declining real incomes
have driven living standards to new low
levels. The US economy is undergoing
profound structural changes and is, at
present, clearly out of joint.
With double-dig- it unemployment, major
west Europen economies are also experien-cing
severe economic contractions. In West
Germany 2,500,000 people are without job
on the eve of the March 6 federal elections.
Thjs represents 10.5 percent the total labor
force. Reversing earlier expectations of
modest growth, the ensuing abatement of
commercial activity in domestic and off-shore
markets will result in a 1 per cent
decline in the gross national product.
West-German- y has traditionally maintai-ned
a favourable international balance of
payments with its trading partners. Export
earnings are now declining, reducing the
countrys foreign exchange reserves. AS
their own export revenues decline due to the
world oil glut, the Organization of Petroleum
Exporting Countries (OPEC) have reduced
their imports of West-Germa- n and US
consumer and capital goods.
In the United States over 1 2 million people
are now out of work. This represents more
than 1 1 per cent of the labour force and does
not include hundreds of thousands of men
and women who, in despair, have given up
hope of ever finding a job_._ . _
In December, 1982, the US economy was
operating at 67.3 per cent of its total
capacity. This is the lowest capacity
utilization rate in the past thirty years. In
some individual sectors of the economy the
utilization of existing capacity is much
lower, especially in the steel producing
industry.
Idle industrial capacity accounts for the
drastic decline in incomes and living
standards of American workers. US real
gross national product (value of goods and
services produced) declined 2.5 per cent
during the last quarter of 1982. It dropped
1 .8 per cent during the whole year. Issued by
the Department of Commerce, these statis-tics
represent the worst performance of the
American economy in 36 years.
Concerned about the depth and duration
of the crisis, some of the more optimistic
analysts claim that the economy has
bottomed out and that it will soon return to
higher levels of operation. Others declare
that the reversal of the decline has not yet
occured. Diverging opinions confirm the
deepening enxiety and confusion concer-ning
future trends and the economy's
performance in 1983.
Conventional signposts appear, at times,
to points to a slow recovery, albeit with high
levels of unemployment. Leading economic
indicators, at times, appear positive. Despi-te
the signposts, the leading indicators and
the predictions of economists the US
economy is in a severe slump — in a crisis
of major proportions. There is no evidence
that the decline is over, that the crisis will
not deepen, resulting in additional layoffs of
American workers. __, - -
Despite the cranking in open market
operations by the Federal Reserve, the US
economic engine refuses to kick over.
Annual money-growt- h goals have been
exceeded; interest rates have dropped from
their historically high levels — and still
there is no ignition to recovery. Something
within the complex social and economic
engine is indeed out of joint, requiring
tuning and adjustment, perhaps a major
overhaul.
Is the depth and duration of the crisis
beyond the range of conventional economic
indicators, rendering them incapable of
gaging new and rapidly changing conditi-ons'?
Is the US economy on the threshold of
zero growth, perhaps negative "growth"9
The validity of these questions is especial-ly
confirmed by the deplorable conditions
in the US steel industry With its special
domestic problems and complexities rooted
in international trade, this industry is
severely depressed This sector of the
By WANDA KOJICH
economy is operating at 29.8 per cent of
total capacity and 60 per cent of its labour
force is unemployed. rf
Cash-flo- w problems which threatened to
wipe out Canada's Dome Petroleum in 1982
are pushing at least one major US steel
producer to the brink of disaster. Among the
weakest, least viable producers are the
Republic Steel Corporation and the National
Steel Corporation. The possibility of additi-onal
shutdowns and the resulting loss of
jobs appears to be among suppliers of
flat-rolle- d steel for the automobile and home
appliance industries.
The depressed conditions in the steel
industry are culminating in the growing
demand for steel import restrictions. Even-tually
a steel import quota agreement will be
reached with Japan but steel imports will
continue to flow from off-sho- re sources of
supply: South Korea, Spain, Roumania and
Brazil. The agreement will not solve the
problems of America's steel industry nor
will it recall to work large numbers of
unemployed workers.
The present economic crisis is a crisis of
everproduction. Immense inventories of
goods have accumulated while millions of
Americans, lacking adequate purchasing
power, are deprived of basic needs —
adequate housing, food and clothing.
Existing inventories could be depleted and a
sustainable recovery could be achieved by
increasing the purchasing power of industri-al
workers and farm labourers and the
millions of America's senior citizens. Not by
gifting employers with concessions in the
form of wage-cut- s but by wage increases; by
reallocating state and federal funds to
provide adequate pensions, improved social
services and better hea.h care; by launching
gigantic public works and urban renewal
programs to alleviate the agony of America's
unemployed and te breathe new life and
hope into her cities.
Concerned about the possibility of a
world-wid- e financial collapse that could be
triggered by loan defaults and by an
avalanche of bankruptcies at home, the
Federal Reserve loosened its highly restric-tive
monetary policy to bring interest rates
down from their recent high levels. The most
monitored monetary aggregate, M1 (curren-cy
and checking accounts), has grown by 16
percent since August, 1982, well in excess
of the upper money-growt- h limit of 5 per
cent. The discount rate (the rate the Federal
Reserve charges its bank borrowers) was
reduced seven times in the last six months,
from 12 per cent to 8.5 per cent. Despite
these desperate measures consumer loan
demand is weak and capital spending is still
in a steep slide. By historical standards the
real interest rates, adjusted for inflation, are
still too high, constituting one of the major
impediments to a sustainable economic
recovery.
The way to fight inflation is not by
increasing unemployment and reducing
capacity utilization, thereby shifting the
crushing burden of the economic crisis on
America's working people. Inflation could
be controled by imposing controls where
controls are necessary — not on wages but
on commodity prices, especially in industri-al
markets in which large oligopolistic firms
initiate price increases as soon as the
economy is at or near capacity operation.
WASHINGTON, Tanjug — Americko mi-nistars- tvo
obrane nagovijestilo je da ce u
skoroj buducnosti obezbijediti nova pokret-n- a
komandna mjesta iz kojih ce vojni stabovi
moci efikasno da djeluju i za slucaj da se
eventualm nuklearni rat nastavi "duze od
po6etne faze"
Prema dosadasnjim planovima Pentago-na- ,
predsjednik SAD i vrhovna komanda
amencke vojske presli bi u sluCaju eventual-no- g
nuklearnog napada u specijalne avione
bi kruzili na veliktm vismama iznad
tentonja i iz njih izdavali naredenja za
1V 'j.
ЗУ iArt v-- ',;ч.:ч
February 23,1983,, NASE NOVINE --3
II H 1
1 f "I'll m T i iiiiinmii ir in mil in riminir 1
1
I mi 1 1 iii 1
1
1 nil i ii in i hi i mnpHii
RgpU5E Tut
Cruise
--4 ~v.
Ona ima samo cetiri godine, ali je sudjelova-l- a
u antiratnoj demonstraciji u Torontu i
nosila tablu s napisom da se odbije
isprobavanje krstaredih raketa. Njezino ime
je Christy Arnold.
NEMA OPORAVKA AMERlCKE
AUTOMOBILSKE INDUSTRIJE
DETROIT — Proizvodnja automo-bile
u Sjed. Drzavama pro§le godine
bilaje za 19 posto manja nego 1981.
godine i najniza za posljednje 24
godine. Proizvedeno je oko pet
milijuna vozila.
ProSIa godina je bila treda zare-do- m
u kojoj je izostao ocekivani
oporavak automobilske industrije u
SAD. Umjesto oporavka, zabiljezen
je dalji pad prodaja zbog visokih
kamatnih stopa i recesije u ameri6-ko- j
privredi.
AMERIKANCI SE PRIPREMAJU ZA
NUKLEARNIRAT
koji
SAD
voine akciie. Ti avioni bi se snabdijevali
gorivom u zraku.
U novom planu, атепбкј vojni stratezi po
prvi put dozvoljavaju mogucnost da nuklear-ni
rat traje duze i zbog toga predvidaju da se
Sef amencke drzave i vojna komanda koriste
novim pokretnim komandmm mjestima
odakle bi, usprkos eventualnim nuklearmm
napadima mogh i dalje normalno da djeluju
O prirodi ovih komandmh mjesta za slucaj
"duzeg nuklearnog rata" Pentagon nije dao
blize podatke
REVANSlZAM
BONN — Prema izjavi bonskog
ministra unutraSnJih poslova Fried-rich- a
Zimmermanna i obrane W6rno-r- a
"Bon odbacuje prijedlog o slgur-nosn- oj
zoni u Evropi", a "njemacko
pitanje nece vise ogranidavati na SR
Njemacku i Njemadku DR, nego ce u
njega ukljuciti i njemacka podru6ja
istocno od Odre i Nise", koja su
nakon poraza Hitlera pripala Polj-sko- j.
Zanimljivo je da je Zimmermann to
izjavio upravo o 50-godisn- jici dolas-k- a
Hitlera na vlast.
Kako javlja Tanjug iz Berlina, list
"Neues deutshland" nazvao je istu-pan- je
Zimmermanna "cistim revan-sizmom- ",
energicno odbacujuci
tvrdnju o "jedinstvu svih Nijemaca u
okviru granica njemackog Reicha iz
1937. godine".
TERORIZAM U
SJED. DR2AVAMA
WASHINGTON (AP) — Prema podacima
americkog Federalnog istraznog biroa FBI
— u Sjed. Drzavama je proSle godine u
odnosu na 1981. znatno porastao broj
ubojstava i ranjavanja koja spadaju u
kategoriju teroristickih, a ne kriminalnih
delikata. Tako je prosle godine u teroristifi-ki- m
akcijama ubijemo sedam, a ranjeno 26
ljudi, dok je 1981. godine ubijena samo
jedna osoba, a ranjene 4 osobe. '
Od ukupno 51 registriranog teronstickog
incidenta, пајбебсе su bile eksplozije bombi
ili pokusaja bombaSkih napada. Tofinije, u
Sjed. Drzavama je proSle godine eksplodira-l- o
ukupno 28 podmetnutih bombi, a devet
eksplozija je sprijeieno.
JOS 4.000 RATNIH ZLOClNACA U
LATINSKOJ AMERICI
Javljaju iz Meksika:
Klaus Altman, koji se godinama u
Boliviji krio pod imenom Klaus
Barbie, izrufien je Francuskoj odlu-ko- m
predsednika Ernana Silesa
Sausa, ali u juznoameridkim zemlja-m- a
joS zivi, relativno bezbrizno i
sigurno, blizu 4.000 nacisti6kih
ratnih zlocinaca ve6eg i manjeg
kalibra i odgovornosti. Koristedi
mutna posleratna vremena, kao i
izbijanjehladnog rata i rivalstva, Sto
im je u delu zapadnog sveta dalo
novu Sansu, odnosno ротоб dela
katolicnog klera i gostoprimstvo
nekih juznoamerickih rezima, pre-tezn- o
vojnog kova, hiljade hitlerov-ski- h
ratnih zlofiinaca uspele su da se
iz Zapadne Evrope prebace u Juznu
Ameriku, gde ve6ina i sad zivi i
deluje. Posebno, ipak, u zemljama
sa vojnim rezimima, kao Sto su
Paragvaj, Cile i Argentina, gde se
osecaju najsigurnije.
OSUDA JU2NOAFRICKOG
APARTHAJDA
STRASBOURG (UPI) — Evropski
parlament je sa 130 glasova, protiv
96 i sedam uzdrzanih, usvojio
saopdenje o Juznoafri6koj Republi-c- i,
u kome se "bezrezervno osuduje
politika aparthajda i sve povrede
ljudskih prava u svim drzavama
Juzne Afrike".
U tekstu saop6enja takoder se
zahtijeva da "Evropska zajednica
potpuno poStuje embargo protiv
Juzne Afrike s obzirom na poSiljke
oruzja". No u saopdenju se uopce ne
spominju privredne sankcije protiv
rezima u Pretoriji, odnosno opskrba
naftom.
380MOLBIZA
JEDAN POSAO
Norcen Energy Resources Ltd. je
trazila jednu osobu za dostavu
(delivery person), a javilo ih se 380.
Medu moliocima bilo je bivSih
avionskih pilota, inzenjera, poslov-ni- h
ljudi, gradevinara.
Object Description
| Rating | |
| Title | Nase Novine, April 20, 1983 |
| Language | sr; hr |
| Subject | Yugoslavia -- Newspapers; Newspapers -- Yugoslavia; Yugoslavian Canadians Newspapers |
| Date | 1983-02-23 |
| Type | application/pdf |
| Format | text |
| Rights | Licenced under section 77(1) of the Copyright Act. For detailed information visit: http://www.connectingcanadians.org/en/content/copyright |
| Identifier | nanod2000191 |
Description
| Title | 000100 |
| OCR text | j, I - J. , 1 t p ' Kir TJ 5J РЧ jw ШЏк {5J ЕП Unemployment is noyv widespread in the United States and declining real incomes have driven living standards to new low levels. The US economy is undergoing profound structural changes and is, at present, clearly out of joint. With double-dig- it unemployment, major west Europen economies are also experien-cing severe economic contractions. In West Germany 2,500,000 people are without job on the eve of the March 6 federal elections. Thjs represents 10.5 percent the total labor force. Reversing earlier expectations of modest growth, the ensuing abatement of commercial activity in domestic and off-shore markets will result in a 1 per cent decline in the gross national product. West-German- y has traditionally maintai-ned a favourable international balance of payments with its trading partners. Export earnings are now declining, reducing the countrys foreign exchange reserves. AS their own export revenues decline due to the world oil glut, the Organization of Petroleum Exporting Countries (OPEC) have reduced their imports of West-Germa- n and US consumer and capital goods. In the United States over 1 2 million people are now out of work. This represents more than 1 1 per cent of the labour force and does not include hundreds of thousands of men and women who, in despair, have given up hope of ever finding a job_._ . _ In December, 1982, the US economy was operating at 67.3 per cent of its total capacity. This is the lowest capacity utilization rate in the past thirty years. In some individual sectors of the economy the utilization of existing capacity is much lower, especially in the steel producing industry. Idle industrial capacity accounts for the drastic decline in incomes and living standards of American workers. US real gross national product (value of goods and services produced) declined 2.5 per cent during the last quarter of 1982. It dropped 1 .8 per cent during the whole year. Issued by the Department of Commerce, these statis-tics represent the worst performance of the American economy in 36 years. Concerned about the depth and duration of the crisis, some of the more optimistic analysts claim that the economy has bottomed out and that it will soon return to higher levels of operation. Others declare that the reversal of the decline has not yet occured. Diverging opinions confirm the deepening enxiety and confusion concer-ning future trends and the economy's performance in 1983. Conventional signposts appear, at times, to points to a slow recovery, albeit with high levels of unemployment. Leading economic indicators, at times, appear positive. Despi-te the signposts, the leading indicators and the predictions of economists the US economy is in a severe slump — in a crisis of major proportions. There is no evidence that the decline is over, that the crisis will not deepen, resulting in additional layoffs of American workers. __, - - Despite the cranking in open market operations by the Federal Reserve, the US economic engine refuses to kick over. Annual money-growt- h goals have been exceeded; interest rates have dropped from their historically high levels — and still there is no ignition to recovery. Something within the complex social and economic engine is indeed out of joint, requiring tuning and adjustment, perhaps a major overhaul. Is the depth and duration of the crisis beyond the range of conventional economic indicators, rendering them incapable of gaging new and rapidly changing conditi-ons'? Is the US economy on the threshold of zero growth, perhaps negative "growth"9 The validity of these questions is especial-ly confirmed by the deplorable conditions in the US steel industry With its special domestic problems and complexities rooted in international trade, this industry is severely depressed This sector of the By WANDA KOJICH economy is operating at 29.8 per cent of total capacity and 60 per cent of its labour force is unemployed. rf Cash-flo- w problems which threatened to wipe out Canada's Dome Petroleum in 1982 are pushing at least one major US steel producer to the brink of disaster. Among the weakest, least viable producers are the Republic Steel Corporation and the National Steel Corporation. The possibility of additi-onal shutdowns and the resulting loss of jobs appears to be among suppliers of flat-rolle- d steel for the automobile and home appliance industries. The depressed conditions in the steel industry are culminating in the growing demand for steel import restrictions. Even-tually a steel import quota agreement will be reached with Japan but steel imports will continue to flow from off-sho- re sources of supply: South Korea, Spain, Roumania and Brazil. The agreement will not solve the problems of America's steel industry nor will it recall to work large numbers of unemployed workers. The present economic crisis is a crisis of everproduction. Immense inventories of goods have accumulated while millions of Americans, lacking adequate purchasing power, are deprived of basic needs — adequate housing, food and clothing. Existing inventories could be depleted and a sustainable recovery could be achieved by increasing the purchasing power of industri-al workers and farm labourers and the millions of America's senior citizens. Not by gifting employers with concessions in the form of wage-cut- s but by wage increases; by reallocating state and federal funds to provide adequate pensions, improved social services and better hea.h care; by launching gigantic public works and urban renewal programs to alleviate the agony of America's unemployed and te breathe new life and hope into her cities. Concerned about the possibility of a world-wid- e financial collapse that could be triggered by loan defaults and by an avalanche of bankruptcies at home, the Federal Reserve loosened its highly restric-tive monetary policy to bring interest rates down from their recent high levels. The most monitored monetary aggregate, M1 (curren-cy and checking accounts), has grown by 16 percent since August, 1982, well in excess of the upper money-growt- h limit of 5 per cent. The discount rate (the rate the Federal Reserve charges its bank borrowers) was reduced seven times in the last six months, from 12 per cent to 8.5 per cent. Despite these desperate measures consumer loan demand is weak and capital spending is still in a steep slide. By historical standards the real interest rates, adjusted for inflation, are still too high, constituting one of the major impediments to a sustainable economic recovery. The way to fight inflation is not by increasing unemployment and reducing capacity utilization, thereby shifting the crushing burden of the economic crisis on America's working people. Inflation could be controled by imposing controls where controls are necessary — not on wages but on commodity prices, especially in industri-al markets in which large oligopolistic firms initiate price increases as soon as the economy is at or near capacity operation. WASHINGTON, Tanjug — Americko mi-nistars- tvo obrane nagovijestilo je da ce u skoroj buducnosti obezbijediti nova pokret-n- a komandna mjesta iz kojih ce vojni stabovi moci efikasno da djeluju i za slucaj da se eventualm nuklearni rat nastavi "duze od po6etne faze" Prema dosadasnjim planovima Pentago-na- , predsjednik SAD i vrhovna komanda amencke vojske presli bi u sluCaju eventual-no- g nuklearnog napada u specijalne avione bi kruzili na veliktm vismama iznad tentonja i iz njih izdavali naredenja za 1V 'j. ЗУ iArt v-- ',;ч.:ч February 23,1983,, NASE NOVINE --3 II H 1 1 f "I'll m T i iiiiinmii ir in mil in riminir 1 1 I mi 1 1 iii 1 1 1 nil i ii in i hi i mnpHii RgpU5E Tut Cruise --4 ~v. Ona ima samo cetiri godine, ali je sudjelova-l- a u antiratnoj demonstraciji u Torontu i nosila tablu s napisom da se odbije isprobavanje krstaredih raketa. Njezino ime je Christy Arnold. NEMA OPORAVKA AMERlCKE AUTOMOBILSKE INDUSTRIJE DETROIT — Proizvodnja automo-bile u Sjed. Drzavama pro§le godine bilaje za 19 posto manja nego 1981. godine i najniza za posljednje 24 godine. Proizvedeno je oko pet milijuna vozila. ProSIa godina je bila treda zare-do- m u kojoj je izostao ocekivani oporavak automobilske industrije u SAD. Umjesto oporavka, zabiljezen je dalji pad prodaja zbog visokih kamatnih stopa i recesije u ameri6-ko- j privredi. AMERIKANCI SE PRIPREMAJU ZA NUKLEARNIRAT koji SAD voine akciie. Ti avioni bi se snabdijevali gorivom u zraku. U novom planu, атепбкј vojni stratezi po prvi put dozvoljavaju mogucnost da nuklear-ni rat traje duze i zbog toga predvidaju da se Sef amencke drzave i vojna komanda koriste novim pokretnim komandmm mjestima odakle bi, usprkos eventualnim nuklearmm napadima mogh i dalje normalno da djeluju O prirodi ovih komandmh mjesta za slucaj "duzeg nuklearnog rata" Pentagon nije dao blize podatke REVANSlZAM BONN — Prema izjavi bonskog ministra unutraSnJih poslova Fried-rich- a Zimmermanna i obrane W6rno-r- a "Bon odbacuje prijedlog o slgur-nosn- oj zoni u Evropi", a "njemacko pitanje nece vise ogranidavati na SR Njemacku i Njemadku DR, nego ce u njega ukljuciti i njemacka podru6ja istocno od Odre i Nise", koja su nakon poraza Hitlera pripala Polj-sko- j. Zanimljivo je da je Zimmermann to izjavio upravo o 50-godisn- jici dolas-k- a Hitlera na vlast. Kako javlja Tanjug iz Berlina, list "Neues deutshland" nazvao je istu-pan- je Zimmermanna "cistim revan-sizmom- ", energicno odbacujuci tvrdnju o "jedinstvu svih Nijemaca u okviru granica njemackog Reicha iz 1937. godine". TERORIZAM U SJED. DR2AVAMA WASHINGTON (AP) — Prema podacima americkog Federalnog istraznog biroa FBI — u Sjed. Drzavama je proSle godine u odnosu na 1981. znatno porastao broj ubojstava i ranjavanja koja spadaju u kategoriju teroristickih, a ne kriminalnih delikata. Tako je prosle godine u teroristifi-ki- m akcijama ubijemo sedam, a ranjeno 26 ljudi, dok je 1981. godine ubijena samo jedna osoba, a ranjene 4 osobe. ' Od ukupno 51 registriranog teronstickog incidenta, пајбебсе su bile eksplozije bombi ili pokusaja bombaSkih napada. Tofinije, u Sjed. Drzavama je proSle godine eksplodira-l- o ukupno 28 podmetnutih bombi, a devet eksplozija je sprijeieno. JOS 4.000 RATNIH ZLOClNACA U LATINSKOJ AMERICI Javljaju iz Meksika: Klaus Altman, koji se godinama u Boliviji krio pod imenom Klaus Barbie, izrufien je Francuskoj odlu-ko- m predsednika Ernana Silesa Sausa, ali u juznoameridkim zemlja-m- a joS zivi, relativno bezbrizno i sigurno, blizu 4.000 nacisti6kih ratnih zlocinaca ve6eg i manjeg kalibra i odgovornosti. Koristedi mutna posleratna vremena, kao i izbijanjehladnog rata i rivalstva, Sto im je u delu zapadnog sveta dalo novu Sansu, odnosno ротоб dela katolicnog klera i gostoprimstvo nekih juznoamerickih rezima, pre-tezn- o vojnog kova, hiljade hitlerov-ski- h ratnih zlofiinaca uspele su da se iz Zapadne Evrope prebace u Juznu Ameriku, gde ve6ina i sad zivi i deluje. Posebno, ipak, u zemljama sa vojnim rezimima, kao Sto su Paragvaj, Cile i Argentina, gde se osecaju najsigurnije. OSUDA JU2NOAFRICKOG APARTHAJDA STRASBOURG (UPI) — Evropski parlament je sa 130 glasova, protiv 96 i sedam uzdrzanih, usvojio saopdenje o Juznoafri6koj Republi-c- i, u kome se "bezrezervno osuduje politika aparthajda i sve povrede ljudskih prava u svim drzavama Juzne Afrike". U tekstu saop6enja takoder se zahtijeva da "Evropska zajednica potpuno poStuje embargo protiv Juzne Afrike s obzirom na poSiljke oruzja". No u saopdenju se uopce ne spominju privredne sankcije protiv rezima u Pretoriji, odnosno opskrba naftom. 380MOLBIZA JEDAN POSAO Norcen Energy Resources Ltd. je trazila jednu osobu za dostavu (delivery person), a javilo ih se 380. Medu moliocima bilo je bivSih avionskih pilota, inzenjera, poslov-ni- h ljudi, gradevinara. |
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