News stories from Sunday January 26, 1975
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The Organization of Petroleum Exporting Countries, after a three-day meeting of its Oil, Finance and Foreign Ministers in Algiers, adopted a political and economic strategy to counteract what the organization's 13-nation members regarded as a United States policy of confrontation and military threats against oil producers. A communique by the ministers also contained an offer to meet with representatives of oil-consuming countries in an international conference on energy, raw-material supplies and the development of the world economy. [New York Times]
- The nation's car makers cannot lower their prices because it would mean losing money, Leonard Woodcock, the president of the United Automobile Workers, said in a television interview. The auto companies' profit margins, he said, have been "paper thin" for more than a year, and "you can't cut prices if you're losing money on every car that is sold." [New York Times]
- Vice President Rockefeller said he believed that the presidential commission he heads would find that the Central Intelligence Agency had violated its charter by undertaking activities within the United States. Mr. Rockefeller, chairman of the eight-member commission, said in a television interview: Now the question is, to our commission, has there been violations or abuses of the statutes relating to the activities of the C.I.A. in the United States? "I think we are going to find the answer is yes," he said. [New York Times]
- The people of Thailand voted to choose a new government in an election unusually free from official constraint not only for Thailand, but for much of the rest of Asia. Early returns indicated that moderate, middle-of-the road Democrats were leading in Bangkok, the party's traditional stronghold. A total of 2,193 candidates from 42 different parties were contesting 269 seats in the new House of Representatives. A new premier will be chosen by the House. [New York Times]
- Portugal's moderate forces sought to stem the surging power of the far left following Saturday night's disruption of a political convention in Lisbon by rioters. The Socialist party, which had been on the point of resigning from the coalition cabinet, reportedly decided to remain as its only means of checking the Communists. The Popular Democratic party, the coalition's centrist member, was expected to do the same. [New York Times]