Cable News Reported Briefly (Press, 10 May 1975)

On 10 May 1975, British actor Trevor Howard expressed concerns about his financial situation, revealing that he may be on the brink of bankruptcy and facing potential imprisonment. This situation arose after Howard lost a legal dispute with the Inland Revenue Department, although the specific financial details were not disclosed. He shared that he is uncertain whether he might have to sell his home in Britain due to the dire financial implications, stating that he had entrusted the matter to his accountant, who was currently unavailable. In other news, Egyptian President Anwar Sadat issued a decree to transform Port Said, the city that suffered economically after the Suez Canal was closed during the 1967 war, into a free-trade zone. The decree aims to attract foreign businesses and investments into the area by eliminating taxes and other barriers. In the United States, a Federal Judge has reduced the prison sentence of James McCord, convicted in the Watergate scandal, from one to five years down to just four months. This reduction could allow McCord to be released soon, considering good conduct and time already served. Meanwhile, in India, a parliamentary committee has proposed the immediate takeover of multinational drug companies following the presentation of a comprehensive report. The report suggested a ban on importing bulk drugs and reducing foreign ownership stakes in Indian subsidiaries. Czechoslovak and Soviet dissidents residing in the West requested an amnesty for four political prisoners in a letter addressed to President Svoboda of Czechoslovakia, marking the 30th anniversary of the country's liberation from Nazi occupation. In Argentina, the film "Bring Me the Head of Alfredo Garcia," directed by Sam Peckinpah, was banned, adding to the growing list of films prohibited by a censorship board under the Peronist government. This marked the 100th foreign film to be censored since the board was established. Additionally, the Shah of Iran announced in Caracas that oil prices should be raised in response to rising global inflation, citing that oil-producing countries had experienced significant income drops due to economic conditions. In Venice, over 2,000 protesters gathered in boats for a demonstration against the damage inflicted on the canals by motorboats, calling for the preservation of traditional oars and gondolas. In California, a bill legalising sodomy and oral sex between consenting adults, dubbed a "bill of rights for homosexuals," passed the State Assembly and is expected to be signed by Governor Edmund Brown. This legislation is noted for repealing outdated laws while introducing stricter penalties for rape. Lastly, veteran American actor John Wayne was undergoing tests for viral pneumonia in California, while George Baker, creator of the beloved "Sad Sack" cartoon character from World War II, passed away at age 59 from cancer.

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