The latest in the seemingly endless (going into year 7 without a letup) war between Iraq and Iran hit a new milestone on this day with Iran poised to capture the Iraqi town of Basra. The fortunes of war weren't going well for Iraq and the German press were circulating rumors the U.S. was standing by to jump in. The State Department vehemently denied the report, even though U.S. warships were cruising around the Persian Gulf.
In other news this rather haywire day in 1987; a suspect in the terrorist hijacking of TWA Flight 847 in 1985 which resulted in the shooting death of a Navy Seal was being held in a cell in Bonn West Germany. With threats of extradition to the U.S. also came the threat of reprisals from terrorists and the citizenry of Bonn were understandably nervous.
On the Domestic front - the Long Island Railroad strike was heading into its second day with commuters forced to take alternate transportation. And even though it was a holiday, snarls were bad enough in Manhattan to force a run on Valium for the next day. Meanwhile, talks lumbered on.
22,000 Steelworkers were urged by their union today to accept the new contract from USX.
The U.S. entry in the Americas Cup Race won this day's round against New Zealand. They got to face Australia shortly.
The dollar sank to a new post-War low against the Yen in Tokyo. At last count, 150 Yen to the dollar and Japan was worried exports would suddenly slow to a crawl.
And 37 states celebrated Martin Luther King's Birthday today for the first time.
All this and a lot more via the CBS World News roundup for (Monday), January 19, 1987.