European Stars And Stripes (Newspaper) - February 9, 1986, Darmstadt, Hesse                                Page 6 the stars and stripes sunday february 9,19b6 Winter Rescue in icy Waters Abo,., so it ice fishermen struggle again the cur rent to pull Drifting ice mass near enough for fellow fishermen topped on the floating mass to make ii to he safely of abound j.jm.�. World today Britain s Midland Bank to sell . Subsidiary to Wells Fargo Ion Don a Britain s Midland Bank Pic tit 4, agr a to sell its troubled us. Subsidiary Crocket  corp., to Wells Fargo and co. Bank in a Deal valued j at $1.08 billion. In a statement announcing the signing of a definitive agreement with Wells Fargo on the Sale of its 100 percent interest in the Bank holding company Midland Chatrou sir Donald Barren said that although Crocker could oper a e profitably now the Deal would give the proposed merged group strength in the California banking Market both Crocker and Wells Fargo Are based in san in Midland one of Britain s four biggest commercial Bank 1first bought a stake in Crocker California s third larger 1  -3s libyans reportedly worst Drivers among Bonn diplomatic corps Bonn up1 libyans Are the biggest traffic Offen ers and americans among the most careful driven in tto Bonn diplomatic corps this City has reported. " the Boan traffic department a d that in 1985. The w libyan autos with diplomatic plates received 387 Wand Alfor traffic violations an average of 22.76 warnings Perca Syria which took first place m i984ontheoffenderbst, second place last year. The syrian embassy s 38 amobilesreceivcd762wanungs,anaverageof20.05each. I in third place on the offenders list was Venezuela witiji133 warning tickets for eight cars an average of 16,93par the . Embassy s 506 automobiles were guilty Only 184 offences an average of 0.66 per car. J Singapore led the careful Drivers with one warning fir11 cars an average of 0.27 per car. P dutch labor party proposes Lav to allow cancellation of treaties the Hague Netherlands a the dutch 1party, which opposes an impending  a cruise missile deployment Here is seeking a cons Titu change that would allow cancellation of such treat Neil in two years. Ithe party s proposal is meant to prevent a Goven Ramm from trying to tie the hands of future governments on Ludi treaty matters according to Klaas de Vries detente Mph Calist for the labor party which has vowed to by v rescind the treaty if it gains a Seal in the next Gaven Unaa. V Premier Ruud Lubbers Center right government while faces May elections has proposed barring any unt Tater cancellation of the missile treaty for at least five Yea it overturn the treaty  peso deteriorates sharply in re analysts blame lower world Oil prices Mexico City a Mexico s peso has plunged tits lowest level since november and private analysts blame investors fears Over the effect lower world Oil Price swill have on this country s troubled Economy. Private Exchange houses in Mexico City Early Friday offered 500 pesos for each us Dollar on the free Market and demanded 515 pesos from those wanting to buy. Afew hours later they lowered the rates to 485 and 500 pesos  the  Border is. Banks were Quot ing rates of 470 pesos for each Dollar bought and 491 for each  free Market rate for the peso is used in tourism second Only to Oil in the earnings it produces in Mexico and for most Border and private transactions. The government regulated rate used for 80 percent fall commercial transactions stood at 411 on Friday. Measures some of which could adversely affect the under privileged classes. This could mean analysts have said the Economy willbe even weaker than expected and the rate of inflation will Rise. Consumer prices Rose 63.7 percent in 1985, ahead of the Pace a year earlier. A weakening of a nation s currency usually reflects alack of Confidence in the economic Outlook. Investors often want to Trade in their weaker currency for a stronger one like the Dollar to protect their assets. On tuesday mexican finance officials met in Newyork with International Bankers and said they might need $9 billion in new Money this year to help with their Finan Cial problems. If so it would be nearly double the $4.8 billion they had expected to seek from Bankers and International financial organizations. The peso had held fairly steady in recent weeks despite Unhul thursday when it began slipping the peso had the Shar fall in International Oil prices that have put in not reflected the economic turbulence. In Early november doubt Mexico s plans for bolstering the Economy already a Nate Exchange houses offered More than 500 pesos for reeling from a $96.4 billion foreign debt second largest in reeling fro $96. Billi othe third world to Brazil. I m shocked we Haven t seen it the peso s fall be fore said Don Shuffstall vice president at Bank of Elpaso Texas. I think we re going to see this jumping Upland Down in the Days  a currency trader in Mexico City who spoke on Condi Tion of anonymity said tumbling Oil prices were the most important Factor influencing the deterioration of the peso. Mexico s sales of crude to foreign buyers bring in 70percent of in foreign Exchange badly needed to make payments on its foreign debt and to buy such imports a spare parts. With lower Oil prices Mexico will have less Money May its debts and May have to impose More austerity Dollar the first time the currency had Slid past the 500 Mark in Mexico City. Many analysts had speculated that the government through the Central Bank or its Large companies was Trad ing in the Market to maintain the peso s strength. The fresh decline in the peso s strength May indicate that the government has pulled out of tie currency markets to conserve its limited Supply of reserves said the mexican currency trader. The Central Bank of Mexico does not announce when i intervenes in the markets. But a spokesman has maintained that it is not doing so. Governments intervene in the markets by buying or Selling currencies in an Effort to Force up or Down their own currency s value. R number of people seeking Asylum in West Berlin jumped Berlin a More than 3,000 people sought of Asylum in West Berlin in january More than twice the m Ber in december according to municipal  Interior sen Heinrich Lummer commenting 1 the figures called for a Sharp cutback in the number foreigners allowed into West Berlin. Many of those seeking Asylum Here Are from Deve countries and arrive in West Berlin via East Berlin of a West Berlin authorities have Long charged that Many those who request Asylum have fled their Homeland p economic rather than political  january 3,325 foreigners applied for Asylum if Wei Berlin compared with 1,313 in december according ithe government  january figure represented the second monthly level since july 1981. In july 1984,3,907 Asylum seekers were registered. International conference issues Appeal to save world s Trees Paris a the first International conference 0the tree and the Forest has ended with an Appel r protect and promote the world s Trees and Forest Faff Ture generations and with the approval of a series m f lotions for  three Day conference attended by officials of countries and Many International organizations Flag termed a Complete Success one surpassing by far an a Hopes by Rene Souchon the French minister for a who chaired the meeting. The conference focused on two main areas the j of disappearing Trees in the arid portions of Africa 4 f sick and dying forests of Europe. Two separate Jwj were set up to study each question