JANUARY 18, 1979

Full News Archive

• Headline: United Technologies' Major Debenture Offering. Impact: When United Technologies sold those debentures, it set off a financial domino effect. Little did they know, that $300 million would eventually lead to a global obsession with fintech apps, where everyone pretends they understand cryptocurrency.. Fact: Fun fact: Debentures are just fancy IOUs from companies. So, investing in them is like lending money to your friend who promises to pay you back with pizza but then disappears into a black hole of debt..
• Headline: Carter Wary on Mexican Gas. Impact: Carter's caution on Mexican gas led to an ongoing saga of energy negotiations, which paved the way for future generations to argue over gas prices during road trips. Thanks for the family fights, Jimmy!. Fact: Fun fact: The price of gas fluctuates so much that if you had a dollar for every time it changed, you could probably afford a small island. Or at least a few gallons of gas..
• Headline: Iran's Ambassador Prepares for Shah's Trip to U.S. Impact: The preparations for the Shah’s trip to the U.S. sparked a series of events that led to the Iranian Revolution, which is basically the political equivalent of someone accidentally knocking over a Jenga tower.. Fact: Did you know that Shah's trip was supposed to be a peace gesture? Instead, it turned into a dramatic plot twist that would make even the best soap operas jealous..
• Headline: Fighting in Cambodia Reported Intensifying. Impact: The intensifying fighting in Cambodia was a precursor to the Khmer Rouge's rise to power, which led to a tragic chapter in history. It’s a stark reminder that sometimes, escalating conflicts can lead to horrific consequences.. Fact: The fighting in Cambodia was so intense that it could be considered a historical warning about the dangers of civil war. Spoiler alert: it didn't end well..
• Headline: Design Notebook. Impact: The eclectic architecture of Mohonk Mountain House inspired future generations of architects to create buildings that look like they were designed by a committee of squirrels on caffeine.. Fact: Did you know that Mohonk Mountain House has been a retreat for over 150 years? It's like the original glamping before it was cool—because who wouldn't want to stay in a giant wooden lodge in the middle of nowhere?.
• Headline: Fraser's Charges Denied By Unification church. Impact: The Unification Church's denial of Fraser's charges might have seemed minor at the time, but it set the stage for decades of conspiracy theories regarding cults and their behind-the-scenes dealings with governments. Who doesn't love a good conspiracy?. Fact: Did you know that the Unification Church is often called a 'cult' by critics? But isn't every group with a strong following just a cult if you squint hard enough? Just a thought!.