May 9, 1978 - The death of former Italian Prime Minister Aldo Moro, kidnapped by members of the Red Brigade and found dead after 55 days. Italy in state of shock and outrage. FBI calls for stepped up domestic Anti-Terrorism measures. Dramatic rescue of passengers from downed National Airlines Flight 193 off Florida coast.
January 16, 1975 - this day in history. Recession getting worse. GNP drops 9.1%, worst since 1958. Inflation rose 13%, worst since 1947. Calls for Gas Rationing. Soviet Union says detente not dead, just wounded. CIA Hearings continue. Ford Auto to offer rebates on new cars. Israel/Lebanon border skirmishes. Middle East Peace feelers continue. News Analyst Eric Sevareid on world reaction to Economy.