CORRECTION
A report in the Business People column on Feb. 27 misidentified the leading marketer of Eurobonds. It is Credit Suisse First Boston.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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A report in the Business People column on Feb. 27 misidentified the leading marketer of Eurobonds. It is Credit Suisse First Boston.
The Swiss Government said today that it was freezing ''until further notice'' all bank deposits in Switzerland belonging to the family of Ferdinand E. Marcos. A Government spokesman said the action had been taken after officials received indications that some assets of the former Philippine president were being removed from the country. He declined to provide further details. The spokesman said the action was ''a precautionary measure,'' adding it was the first time Switzerland had ever taken such a measure.
Six hearing officers from the Department of Energy are in town to gather opinion on the possibility of storing highly radioactive nuclear waste here, but if they had any question it was answered on the way in from the airport. Utility poles are covered with signs reading ''No!'' Similar sentiments have become common in several cities in the Eastern half of the country in recent weeks as the Energy Department, which for years has been studying sites in salt beds and volcanic formations in the West, has begun to focus on a dozen underground granite structures in the East. The reaction, from here to Minnesota, is that the selection process is flawed, that the Department of Energy's computer has made a mistake and that there may be a safe way to dispose of the waste, ''but not here.''
United States Army helicopters, piloted by American soldiers, are being readied to ferry Honduran troops Wednesday morning into the border area where Nicaraguan Army units are reported to have attacked Nicaraguan anti-Government guerrilla bases, according to diplomatic sources here. As many as 1,500 Nicaraguan troops entered Honduras three days ago to attack Nicaraguan rebel camps, diplomats said. They said that the Nicaraguans now appeared to be withdrawing back into Nicaragua and that fighting had died down this afternoon. The United States helicopters and pilots are being provided as part of $20 million in emergency military aid that President Reagan is sending to Honduras because of the reported Sandinista attack.
Consumer prices fell four-tenths of 1 percent in February as the effects of the collapsing oil market made their first full impact at the retail level, the Labor Department reported today. The decline in the Consumer Price Index was the first since December 1982 and the biggest in more than 32 years. Food prices also fell sharply, with the largest one-month decline in the prices of fresh vegetables since the price index was first calculated in its current form in 1947. In the New York-northeastern New Jersey area, prices fell by two-tenths of 1 percent, about half the national decline. A drop in prices for fuel, clothing, transportation and food was offset by higher costs for electricity and medical care. [ Page D5. ] Speculation on Money Policy The decline in the national index was somewhat greater than anticipated. This prompted new speculation that the Federal Reserve would take further action to ease monetary policy over the next several weeks, since the central bank seems to have considerable leeway to spur the economy without driving up inflation.
Music on My Birthday
The Top 50 albums for the chart week of March 26, 1986, covering March 26, 1986.
Whitney Houston
Sade
Heart
John Mellencamp
Mr. Mister
1986Maxime Biset, Belgian footballer[†]
Maxime Biset is a Belgian football coach and a former midfielder. He works as an assistant coach with Antwerp.
1986Rob Kearney, Irish rugby player[†]
Robert Kearney is an Irish former rugby union player. He spent 15 years playing for Leinster, before having a six-month stint in Australia where he played for Perth based side Western Force. Kearney also played over a decade for the Ireland national rugby union team with whom he earned 95 caps, and went on two British & Irish Lions tours in 2009 and 2013. As a youth Kearney also played rugby union for Clongowes Wood College and Gaelic football for Louth in the All-Ireland Minor Championship.
1986Emma Laine, Finnish tennis player[†]
Emma Johanna Laine is a former tennis player from Finland.
In 1986, the world population was approximately 4,958,072,838 people[†]