European Stars And Stripes (Newspaper) - February 28, 1986, Darmstadt, Hesse Page 2 the stars and stripes Friday february 28,1986 i year ago mighty Dollar was Riding High f w f. A Hall s Telephone Bill which by Bob hover staff writer a year ago the . Dollar Rode a Crest or popular support that bordered on a Stampede. Everybody loved the Dollar. It was a time of euphoria for Ameri cans living overseas. Many loaded up with foreign merchandise at bargain prices. Elegant european cars and furniture led a list of expensive purchases made possible by the Strong Dollar. Now the wheel of Fortune has turned. In just one year the Dollar lost 70 percent of the gains it racked up against the Ger Man Mark during the previous five years. In i980. The Dollar was at a Post War Low of 1.71 Marks similar losses were recorded against the British Pound the French and Swiss francs the italian lira and the japanese yen. The Dollar soared to a 12-year High of 3.47 Marks 3.45 Marks at military Banks feb. 26, 1985. Since then in some of the most hectic trading in for eign Exchange history it dropped 1.26 Marks or 36.5 percent to the current 2.19 Mark rate at the military Banks. The . Government has helped Cool off the Dollar arguing that a weaker Dol Lar will reduce America s lagging Trade balance. As the slide gathers momentum . Servic members across Europe anxiously watch the Dollar s shrinking value. Some express disappointment Over the decline. Others say they knew All along the Dollar would Tumble. I be seen the Good times and the bad times with the Dollar said spec. 4 James Davis 22nd chemical co Frank Furt. The lower Dollar is not so Good for those of us living Over Here but it s Good for America because it will help us sell More of our products overseas. I m just Happy the High Dollar lasted As Long As it sgt. John Ismay 232nd signal co bad Krecu Nach is not surprised by the Dollar s plunge. It was Nice while it lasted but it had of come Down. It was definitely inflated., Jasi did t cd pet it to Cove Down so ,3.� if in so Ismay said. A. Mall Telephone averages about 350 Marks a month Cost $107 at the 3 27 Exchange rate but rises to j160 far fast. In the Spring and summer of last year with the Dollar trading in excess of nine francs Ismay and his wife made monthly trips to Strasbourg France. The nine franc Dollar made really Good food and wine inexpensive Ismay said. But with the Dollar now exchanging for less than seven francs Mejia Van t been to France since september. If the Dollar stays at current Levels Ismay says he will vacation in Yugoslavia where prices still arc attractive. Staff sgt. Anthony Hall of he co div support come 3rd army div has watched the Cost of his 1,100 Mark apartment in bad Homburg increase with the fall of the Dollar. At 3.27 Marks the Exchange rate when he moved into the apartment it Cost $336 a month. At the current 2.19 Mark rate it costs $502 a month. If the Dollar continues to fall More and More people living on the Economy will be requesting government housing. Hall said. Invariably service members want to know How far the Dollar will fall. Few experts arc willing to Hazard a guess. But the trend of the Dollar has been steadily Down since the United states Japan Britain France and Ger Many announced a concerted plan last september to bring the Dollar s value into line with world economic conditions. A Frankfurt banker who has watched Exchange rates for More than 20 years expects the Market to Buffet the Dollar in volatile trading throughout the year. Judging the Dollar strictly on its buy. Ing Power compared to other currencies i think it should eventually Settle at be tween a 2 and a 2.20 Mark rate he said. Soviet satellite apparently Burns up in atmosphere Colorado Springs Colo. Up a soviet satellite that May have had 8 nuclear Power Plant aboard re entered the Earth s atmosphere and burned out Over North Central Australia Early thursday officials of the North american aerospace defense come said. The re entry was tracked on radar and there were no initial reports of anyone sighting debris Norad spokesman Del Kindschi said. Kindschi said the closest City to the re entry Point is Darwin Australia. Another spokesman said All indications were thai the soviet satellite which was launched dec. 28, burned out in the atmosphere. It was not known whether the satellite had a nuclear Plant aboard to Power possible radar and other spy in the sky detection equipment. Norad the military Agency that tracks Man made objects in space said earlier the Cosmos 1714 satellite began to fall from its orbit about feb. 1. This is a Large object and it s entirely possible pieces could survive re entry Norad spokeswoman Kay Cormier said. Traditionally pieces that have survived re entry Burn up before they touch the Earth s Norad s space surveillance Center uses a worldwide radar tracking system to col Lect data on All space objects and has a monitoring station in Australia. Cormier said 500 space objects re entered the Atmo sphere in 1985, and none reached Earth. Kindschi said Norad did not know the purpose of the satellite. The soviets like the United states have Many intelligence gathering satellites in space. Kindschi said there seemed to be More interest in the Cosmos 1714 satellite be cause of its size and questions about whether it was powered by a nuclear reactor. On Jan. 24, 1978. Cosmos 954, a soviet nuclear powered reconnaissance satellite fell from orbit and crashed in the icy wilderness of Northwestern Canada. Some a egyptian troops restore Calm in Cairo riot toll reaches 36 dead 352 injured Cairo Egypt up army troops restored Calm through a strict curfew thursday after a Mutiny by conscript policemen left 36 people dead and 352 wounded in Cairo s worst violence since the1952 Black saturday near the end of King Farouk s reign. We should be credited for acting swiftly and wisely presidential adviser Osama e Baz told a news conference. The egyptian front is very Safe and secure and solid. More than 2,000 policemen and several Hundred civilians had been arrested follow ing the rampage that caused damage wort More than s300 million officials said. The curfew was relaxed three hours a midday so people could shop and go to the Bank. But streets of the usually teeming City emptied almost abruptly at 2 . When the curfew was reimposed. Helmet Clad soldiers manned armoured personnel carriers and barricades and halted the few passers by in the streets. Universities and schools remained closed a second Day. Elbaz said no incidents had taken place since wednesday night except in Giza near the pyramids in southwestern Cairo where Soldier belonging to the Central Security forces was shot and wounded by troop surrounding the Central Security farces Barracks. Tanks were parked on every Street sur rounding the pyramids. Elbaz said that during the rampage that erupted near the pyramids tuesday night 32 policemen two soldiers and two civilians had been killed and 273 policemen 12 soldiers and 67 civil ians. Including four foreigners had been wounded. Elbaz denied the incident was a mass uprising. He said had it been they would have been joined by the masses in the streets 99 percent of the egyptian people were opposed to we Are investigating the reasons Elbaz said. A Western Diplomat told United press International he believed the police riot was distinct from other internal problems facing president Hosni Mubarak. The violence broke out among the conscript policemen who guard embassies museums and other Public buildings. They Are go Dies after having breathing problems Goeppinger Germany a 36-year-old private first class died late wednesday at the Cook Barracks dispensary after developing breathing problems in Bis room about two hours Soldier s name was withheld thurs Day pending notification of relatives. Hews assigned to the 1st det 101st military intelligence brigade 1st inf div fwd according to Goeppinger Community spokes Man George w. Soldier apparently died of natural causes although the investigation into his death is not Complete Huettig said. Huettig said the Soldier was taken to the dispensary after his breathing problems began and his condition deteriorated while he was being prepared for transport to a German Hospital. A dispensary doctor was unable to revive him and pronounced him dead about 7 ., Huettig said. Overworked and underpaid often receiving no More than $10 a month. The resulting rampage burned three Lux Ury hotels two of them Worth s2so million and several nightclubs and in some place the rioters broke bottles of liquor and poured the contents on the ground. Asked if moslem fundamentalists were involved Elbaz replied so far we have no in a statement. Attorney general Abdel Aziz Al Gindi said More than 2,000 police men were arrested along with several Hundred Al Gindi said he ordered them held i custody indefinitely pending trial on charges ranging from damaging Public an private property to rebellion and theft of government owned weapons. The acts of violence and tie incidents that accompanied them have been contained Al Baz said. The situation is under he said the Only incident of violence thursday was when army troops opened fire on a group of policemen who attempted to leave their Barracks at Giza South of Cairo and injured one of them. Answering a question on demands by the opposition for the resignation of the cab inet or the Interior minister Elbaz said there is no state of emergency that requires a major or drastic change of Are not under pressure to do during Black saturday Jan. 26, 1952,policemen and demonstrators burned Down several buildings in Cairo in protest again Stan attack by British forces on the police Garrison at Ismail a along the Suez was deposed six months later. Dio Active fragments were recovered but there were no reports of casualties or dam age in the sparsely inhabited area where the fragments landed. This is the second known satellite Inci Dent involving Australia. On july 11, 1979, the United states 77-ton unmanned space station skylab broke up while re entering the atmosphere an came Down in a Shower of pieces Over the Indian Ocean and Western Australia. There were no reports of injuries or property dam age but then president Carter sent apol Ogies to australian prime Minster Malcolm Fraser. Go is crushed by Hawk missile Darmstadt Germany a 32ndarmy air defense come Soldier was killed in an Accident tuesday night when he was crushed by a Hawk missile maj. Joe pad la 32nd Aad com Public affairs office said thursday. Pfc. Ralph m. Craft 25, was operating Hawk missile loader transporter at the Bat Tery tactical site when one of the three Hawk missiles being transported broke Loose from the loader transporter. The mis Sile weighing about 1,400 pounds landed on top of Craft s Chest. Medical personnel were summoned and Craft was pronounced dead at the scene Fay a German physician. Craft was assigned to Btry a 2nd ,62nd air defense arty near Hont Bete Germany which is about 30 Miles Northeast of Trier. He is survived by his parents Thomas d. And Harriet e. Craft of Kama City to. Retired officer who served with Macarthur Dies Colorado Springs Colo
