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Publication: European Stars and Stripes Tuesday, September 2, 1986

You are currently viewing page 9 of: European Stars and Stripes Tuesday, September 2, 1986

   European Stars And Stripes (Newspaper) - September 2, 1986, Darmstadt, Hesse                                Tuesday september 2,19b6 the stars and stripes Page 9 Trade deficit called unsustainable Venice Italy a la is simply unsustainable for the United slates to have a record Trade deficit White Germany and Japan Post surpluses . Federal Reserve chairman Paul a. Volcker said Sun Jay. Speaking at a meeting of top Central Bankers businessmen and politicians Volcker warned that world growth prospects will fall into jeopardy unless rising protectionist sentiment is stemmed and collective action is undertaken on International economic policy. When destructive protectionist measures arc pro posed by responsible people then we should know we re in trouble Volcker told a meeting of the Aspen Institute an american think tank which is holding a seminar on the United states Europe and the world Economy last week the United states merchandise Trade Defi aircraft debut at Farnborough Farnborough. England up two rival fighter aircraft for the late 1990s made Public debuts sunday at the opening Day of the 27th Farnborough air show. British aerospace s experimental aircraft program fighter had an undercarriage problem and missed its scheduled performance time a show spokesman Saij but technicians solved the problem and the eap Jet appeared last on the display program. Trie rafale experimental prototype built by France s assault briquet also flew in is first pub Lic demonstration. The show will continue eight Days and is the year s Premier aerospace event. There were no american fighters in he first Day s air  sources said the americans had Little new to show and wanted to avoid unnecessary expense. There was no of is Eagle f-16 fighting Falcon of a Isa Hornet or f-201 Ige shark represented. But Boeing flew is e-3 sentry airborne warning and control system plane which is in the running for a big British government defense contract. The while Wotli Bluc trim rafale had spectators craning their necks to watch its High loops and twirling Maneu vers in the acrobatic display. The British eap fighter is a precursor of the euro Pean fighter aircraft that will be built by a european consortium made up of the major British West Ger Man italian and Spanish aerospace companies. The european fighter aircraft and rafale Are expected to fight it out for Export markets in the 1990s and into the 21st  rafale a prototype is a twin engined Delta Wing single Seal fighter that began tests july 4, the Proto Type is to serve As a basis for production rafale a versions a Multi role fighter which assault Briguet plans to build for Export As Well As for the French Navy and air  company said the potential Market is at least 1,000  Hopes to sell the plane to european nations thai currently use the .-built f-16. Experts said both the eap and the rafale used the same technologies As both were developed to do much the same Job. The two different planes Are being built because the five nations involved were unable to agree on a single design and France went its own Way. The eap demonstrator first flew last month. The . Government has funded half the Cost of the pro Gram with the balance being provided by British Aero space a italia and numerous . And european Aero space companies. The fighter has integrated a number of new technologies including an advanced electronic cockpit and an advanced Airframe Structure using car Bon fiber composites. Cil widened to a monthly record of Sefl billion in july. Americans continue to buy a record amount of foreign products despite a decline in the value of the Dollar that makes imports More expensive. Volcker had warned in congressional testimony last month that the United states could slip into recession if there were no improvement in the Trade deficit. The . Administration has been under increasing pressure from american manufacturers organized labor and Congress to act on the mounting Trade Defi Cit which has been blamed for Job losses and Plant closings in the United states. Referring to the . Record deficit and Japan and Germany s Trade surplus Volcker said. The situation is simply unsustainable. Certainly in the United slates it is not politically us the . Centra banker cited the tiny . Savings ratio compared to High German and japanese savings rates As a soft knot in the . Economy. He also said however that signs of economic growth in Japan were ambiguous at Best and he cited questions about Germany s economic growth As Well Volcker made no explicit reference to unwillingness of Germany and Japan to lower their discount rates As the United states did last week but he said Exchange rates atone cannot be the adjustment  the we Klong meeting whose participants include Fiat Auto chairman Gianni Agnelli and sen. Gary Hart d-colo., will spend its time examining ways to find new suggestions to Reform the world economic system. Reform of the system cannot be soon enough to resolve the current impasse Volcker said. Infant buried 7 Days by quake doing Well As 1 St birthday nears Mexico City a Lucia is As Active As any baby approach ing her first birthday. She plays i in the chickens in the Patio of her Home and says papa and Abulila the Spanish word for grandmother. A few Small scars arc the Only sign that Lucia spent seven of her first eight Days of life entombed Appio her aunt Marcelina Rojas de Castillo holds Loci Rajas Mendoni. Who was rescued last year from Mexico cily  debris. In the wreckage of a Hospital that collapsed in the sept. 19, 198s, earthquake. The government says 6.000 people were killed in the quake which measured 8.1 on the Richter scale. Unofficial estimates say at least 9,500 died. Lucia Rojas Mendoza and other babies rescued from the ruins of the government s Juarez and general hospitals were found suffering from dehydration and infected wounds. Some had metabolism problems. Now doctors watching the development of 19 new oms who were buried alive for up to nine Days say most have developed normally. They say the critical period is Over and problems Are unlikely to appear in the Fantu re. Among the children being monitored by doctors at children s Hospital of Mexico Are three who were trapped from four to nine Days two for about 34 hours and nine for less than eight hours in addition to the 19 being monitored about 30 other babies also survived burial after the quake while three were rescued but died later two of quake related injuries. Doctors said they previously had Little experience of the effect of prolonged fasting on newborns. What we have Learned with them is that they have a capability to survive several Days without eating. That to me is a Miracle said or. Rolando Cuevas who gives monthly checkups to Lucia bom the Day before the quake and rescued sept. 26. And two other earthquake babies. A boy who was trapped seven Days is about 30 percent behind in motor development but or. Gil Dardo Valencia Salazar of the National paediatrics Institute said this May be due to a congenital breathing problem. The capacity for survival that kept the babies alive through Days without food water or attention Likely will be needed throughout their childhood. These children come from families that often have to struggle just to cat. Many like Lucia lost their mothers in the temblor. Lucia s father Moises Rojas Machorro said he makes $4 a Day Selling tomatoes on the Street barely enough sometimes for us to  Lucia has six Sisters the oldest 10-year-old twins. Rojas Machorro reels two rooms from his sister who has seven children of her own and cares for Lucia the baby sleeps in a Gunn sack Hammock in her aunt s room. Since there Are children Here there s always one to hug her Rojas Machorro said. The other earthquake babies come from families of Market vendors factory workers peasants and transportation dispatchers. Australian defends Island Independence Call Canberra Australia a prime minister Bob Halce on sunday defended his government s position toward the French territory of new Caledonia despite recent harsh criticism from French in my minister Jacques Chirac. Chirac said in Noumea new Caledonia on Friday that a would Welcome a change of government in Australia. He also said Hawke was very stupid in  Altitude toward new Caledonia and showed a com plete misunderstanding of the Issue of Independence for the native melanesian people known As Kana is. On sunday Hawke told reporters he did not in tend to respond in a similar fashion to Chirac s com ments. Hawke has expressed sympathy with the Calls of Independence by new Caledonia s kayaks. Hawke said he wrote Chirac on Friday conveying Australia s position. Hawke said successive australian governments had made it dear they wanted to help resolve the question of Independence in the interests of All inhabitants of new Caledonia s multiracial  new Caledonia comprised of kayaks europeans asians and polynesians is to hold a referendum on self determination next summer France has governed new Caledonia a former French penal Colony since 1853. Australian governments have also made unequivocally dear their opposition to continued nuclear testing by France in the South Pacific a View shared by All other South Pacific countries Hawke said. Despite recent events the government s Strong de sire is to continue constructive dialogue with France on matters of Mutual interest he said  
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