Week of April 23, 1983
President and Mrs. Reagan attend a tribute to sixteen Americans killed in last
week’s terrorist bombing of the U.S Embassy in Beirut. Standing by the long row
of coffins in Washington, the President called the bombing a “dastardly deed, an
act of unparalleled cowardice” and “an attack on all of us and the values that we
hold dear.”
President Regan says that U.S. credibility as well as the nation’s security is at
stake in El Salvador and declares that critics of his Central America policy are
offering only “a prescription for disaster.” Also, President Reagan nominates
former Democratic Sen. Richard Stone as special U.S. envoy to the region.
Austrian Chancellor
Bruno Kreisky
announces he
will resign after his Socialist party failed to win a
majority in elections. He was one of the world’s
longest-serving world leaders and would have
entered his fifth term.
Inflation hits its lowest rate since 1965 - .1% in
March.
A blue-ribbon panel says that the United States is
threatened by “a rising tide of mediocrity” in
education that can be stopped only by tougher
standards and a longer school day or school year.
Mayor
Diane Feinstein
of San Francisco defeats a recall attempt
winning mostly from absentee votes.
Coca Cola announces it will introduce caffeine-free version of its
Coke, Diet Coke and Tab soft drinks in three test markets.
Eastern Airlines reports it lost $60.7 million in the first quarter of
1983, compared with a $51.4 million loss for the same period last year.
Chrysler Corp. reports it earned $172.1 million in the first quarter the best three-
month profit in its history.
Medical -
A study finds that severe, hard-to-treat acne is often caused by an
overabundance of an obscure body chemical and many cases can be cleared up
with a common steroid drug.
