What happened on September 29, 1980?

Headlines from September 29, 1980

• 🔬 Hepatitis B Vaccine Success – Tests show nearly complete protection rate for Hepatitis B vaccine, with similar studies underway to confirm effectiveness.
• 🌍 Developing Nations Demand Aid – Developing nations seek more credit and influence at I.M.F. and World Bank meetings, pushing for better loan terms.
• 📉 U.S. Poverty Declines – U.S. poverty rates decline nationwide except in major inner cities, indicating a shifting pattern of economic challenges.
• 📈 Steel Exports Surge – U.S. steel exports increase by 47.1% through July, while imports see a notable decline of 22.5%.
• 🏦 Credit Markets Improve – Year-end forecasts predict a decline in federal funds rates, with improvements expected in prices.
• 🏛️ Columbia President Installed – Sovern inaugurated as the 17th president of Columbia University, marking a week of celebrations on campus.
• 🌐 Pacific Isles Strengthen Ties – Pacific islands express renewed interest in Western aid, moving closer to non-communist countries in Asia.
• ⚖️ Rail Bill Ratification Likely – Congress appears poised to ratify a rail decontrol bill, allowing more flexibility on rates.
• ⚓ Navy Readiness Concerns – Only 6 of the Navy's 13 carriers are rated ready for combat, highlighting significant readiness issues.
• 📚 Academic Rules Tightened – New academic requirements for state-funded students in New Jersey are set to be implemented by January.