European Stars And Stripes (Newspaper) - July 2, 1986, Darmstadt, Hesse Page 8 the stars and stripes wednesday july 2,1986 Mexico s Economy inflation Rote 100% to 60 40 so in percent change Hull Forat Andew $125 100 75 50 25 in billions of dollars of $40 35 30 25 20 15 10 in dollars per Barreto Maya heavy crude i my 11ii Mill 1976 7778tg to Bias a was 1979 80 Etea 63 was w 1979-so 61 b2 83 84 is w estimates week ending Jan. 10 cheap Titan Crape skim by c Otto. Tatem a mini Una Fawn my . to engy Mexico has 30 Days to gain agreement with creditors Mexico City a the government was Lonay $600 million on its $91.6 billion foreign debt tuesday and has another 30 Days to reach a agreement with its creditors on managing the rest of the debt the mexican Treasury department said. A Treasury department statement issued late Mon Day said Mexico owed j60q million tuesday rather than the s1.6 billion it has been reported to owe. Spokesman Roberto Contreras said the 1600 Mil lion including interest payments to suppliers and International organizations will be paid from the coun try s reserves. The statement said the amount due did not include$950 million in principal that was deferred twice each Lime for six months after the sept. 19 earthquake. It now is due oct. I. At a breakfast with foreign correspondents last week. Treasury Secretary Gustavo Petriccioli said mex Ico owed about s to 5 billion by july i. Mexico has been paring Only the interest on its foreign debt. The Treasury department statement was issued alter Petriccioli reported to president Miguel de Lama did and the economic Cabinet on his meetings Las week in Washington with . And International Bank ing officials. It said no Bridge loan to help Mexico past tuesday s deadline had been discussed. The Treasury department statement was the firs information released by Mexico on talks Fet Ricioli had with Treasury Secretary James Baker Federal Reserve chairman Paul voided and Jacques de la Rosiere managing director of the International monetary fund Petriccioli also met with Thomas Clausen outgoing president of the world Bank and Antonio Ortiz Mena president of the inter american development Bank. The response of International and american authorities was basically one of interest and comprehension the statement said. Ii said Mexico emphasized the need to reach a agreement that would not simply include additional credit but also concessions that diminish the weight of the debt service on Hie Mexico wants a level of payments that will allow the Economy to grow at 3 percent to 4 percent in 1987 and 1988. It also insists that payments on its debt second highest in the developing world vary according to the Price of Oil the country s main source of foreign Exchange to pay the debt. ?2 e. German reservists killed for trying to escape paper says Ilion Hamburg Bild said Thede the attempt May 7, trying 10 get Luiis under the Berlin Wall into the Hamburg a twelve East German army reservists tried to blast their Way through a subway Tunnel Wall to West Berlin but communist guard skilled at least six and the others were executed a news paper said tuesday. The mass circulation i army reservists mad the into a Tunnel that runs divided City s Western sector. The East German foreign ministry tuesday denied West German newspaper reports on the slayings United press International said. The reports Are fabrications and lies a foreign ministry spokesman told Western reporter Western officials could not confirm the reports up said. There Are indications thai something happened but the reports will have to be checked carefully Rupert Scholz head of the West Berlin Justice depart ment said subway lines were led in service after the communist authorities built the Wall in August 1961 to Stop escapes but Easl germans Are prevented from Board ing trains that run to West Berlin. Bild said two of the men were sons of High Rankin officer in the East German ministry for state Security which oversees internal Security and foreign Intelli gence work. Those who survived the gun Battle with Security forces were sentenced to death by a military court and executed the report said. According to Bild the reservists wanted to blast their Way into the it did not specify the Type of explosives or the exact route they intended to follow. The newspaper did not cite sources for in report but it it known to have Good contacts in the Security and intelligence Community Western Security officials were alerted to the Inci Dent by a May 8 report in the East German communist party daily Neues c Uisch land that said eight sub Way cars had been destroyed in a Tunnel fire Bild said. The newspaper suggested that the reservists at tempted the escape when the subway cars bunt into flame but whether they set the Blaze As a diversion was not Clear. Frankfurt s All Gemeiner Zeitung one of Germany most authoritative newspapers reported earlier Mon Day that West Berlin officials were investigating the fire because of indications that it coincided with a bloody failed mass escape it said the Tunnel in which the fire apparently occurred intersect with a line that runs under the Wall to West for West Berlin police and the Allied military command of the United states Britain an France that is responsible for the City s Western sector said monday they had no information on the subway incident. Hans Birkenbeul spokesman for the West Berli Interior ministry said it is investigating but we re poking about in a fog because the incident occurred in East Berlin which does not provide information about escape attempts. World today. Zambia frees 2 germans held As spies since May Jan a two germans arrested India in May on suspicion or espionage have released a German foreign ministry Bon Zamb been spokesman said Hani Gnodtke said thai the two identified As Ruth Mueller and were released after consultations be tween the German government and Zambia president Kenneth Kaunda. He said the two germans employee or South Africa based company were arrested along with seven other foreigners while vacationing in the Southern african country. Hong Kong proposals would hit drug dealers Hong Kong up new legislation de signed to take the profit out of drug dealing would require convicted traffickers to pay the equivalent of 15.000 for every month they spend in jail. Commissioner of narcotics Gordon mor timer said tuesday. It is the Money we Are after,1 he said in a interview. We want to get the Money out of the drug Trade. There is nowhere else in the world1 where they go straight for the Money like proposed Laws described As the toughest of their kind anywhere provide additional sentences of up to 10 years if he convict fails to pay and make it an offence to handle Money earned by drug trafficking anywhere in the world. The proposals Are contained in a report on the activities of Hong Kong gangs known As triads which has been circulated for Public disc Uton. 4 philippine villages hammered by Tornado Manila Philippines up a Tornado ripped through four villages on the Rice growing Plains North of Manila destroying 37 houses and leaving at least 276 people homeless. Red Cross officials said tuesday. The officials said the twister pounded the Vil Lages of Conception Santa Cruz pan Gatlan and san Juan monday the officials said 37 houses were destroyed and nine were damaged. Foes of chilean president arrested at crowded mall Santiago Chile up opponents of the chilean government monday released Doz ens of plastic Beach balls painted with president Augusto Pinochet s face that said kick began chanting slogans against the military ruler As they kicked the coloured balls about on a crowded pedestrian mall. Police dispersed the crowd with tear Gas an jets of water and they arrested live women for organizing the than so balls of different sizes were re leased from an office buildings along with hundreds of leaflets announcing a 48-hour general strike this two Day mass protest against Chile s 12 year old military regime has been called for wednesday and thursday by in opposition professional guilds and labor unions. Relics buried during Wii recovered in Austria Vienna Austria up firemen from m Small hungarian Village Nave recovered trea sures buried during world War it in Austria and thought to be lost forever a hungarian newspaper said monday. The firemen from Nyiregyhazi a Village East of Budapest travelled to the austrian town of Berg to dig up relics buried in March ims to protect them against advancing russian Cottien the daily newspaper Magyar Hirlan hiding place remained secret until a Hun Garian fireman living in Canada decided to do Nate a map of the spot the newspaper uncovered include a Large Stiver Sculp Ture of Saint Florian and several old trophies and helmets town officials said. The items will be exhibited in Budapest be fore being returned to
