Week of March 1, 1986

Prime Minister Olf Palme of Sweden is

assassinated in Stockholm. He was shot

twice at close range by a gunman

minutes after he and his wife left a movie

theater.

President Pieter Botha announces that

the 195-day-old state of emergency

imposed to fight anti-apartheid turmoil in

South Africa probably will be lifted.

President Aquino of the Philippines frees four top Communist lead Communist

leaders - the last of 500 political prisoners held by the administration of deposed

President Ferdinand Marcos.

Police kill seven blacks in a shoot-out in a black township near Cape Town S.

Africa and said the men were guerrillas of the African National Congress who

had been planning an attack.

Sales of new homes, boosted by falling mortgage interest rates, rose 4.4% in

January - the highest level in two years.

Harry Belafonte, citing commitments to the black struggle in South Africa and the

fight against world hunger, announces he will not seek the Democratic

nomination for U.S. Senate.

Weekly radio address - President Reagan blames much of the waste in defense

spending on Congress, saying delays in weapons systems have cost taxpayers

billions of dollars while lawmakers review ‘every paper clip, bolt and bullet” in the

Pentagon budget.

Music news - The record industry may be having second thoughts about the

key importance of music videos in their star making machine. CBS Records

President Al Teller says - “I think we’re just making far too many videos. In fact,

we’ve gotten to the point where the making of a video is almost a Siamese twin

of making a record. It’s frightening in a way because it’s so far beyond the initial

role anyone foresaw for video.” Others also believe that videos and their

repetition may be ending the mystique of many pop artists.

On Saturday Night’s Main Even IV on NBC-TV - WWF pro wrestling: Mr. T. vs.

Cowboy Bob Orton (boxing match). Hulk-Hogan vs. Magnificent Muraco;