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Publication: European Stars and Stripes Wednesday, November 5, 1986

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   European Stars And Stripes (Newspaper) - November 5, 1986, Darmstadt, Hesse                                Wed Obday. November 5, 1986 the stars and stripes year s drop in Dollar reported at 21.45% counterparts from Japan West Ger Many Britain and France at the Plaza hotel in new York. They decided to work together buying and Selling on world Market when needed to drive Down the Price of the Dollar which " already begun to fall in . Imp Hal a saut Gya rec plumber in August but exports dropped too and the . Deficit in world Trade this year is expected to reach s172 billion from last year s record of 148.5  Overall drop for the Dollar of 21.45 percent Between sept. 20. 1985,and the end of september 1986 masks wide differences in world currency changes. Japan s currency Rose by 55.57 percent during the year from september to sep tember and the West German Mark by40.43 percent. But the British Pound Rose by Only 5.82 percent and the Ca Nadian Dollar dropped washing Thaap in the year after five major find Lariat Powers decided to push Down the a of he Dollar thess. Currency droppm21,45 percent in value against selected innies. The International monetary did reported monday. A a major purpose of the agreement was to bring . I belter balance by making  cheaper than the  Uon in the United slates and abroad. The if measured the Dollar s value against those of 18 nations mainly Thow of Western Europe Japan and Canada. However the measure somewhat exaggerates the Dollar s decline because it exclude such important trading Par Nersas South Korea and Taiwan whose currencies have not fallen against the  measures have shown the Dollar has fallen 10 percent or less. In september 1985, Treasury Secre tary James a. Baker lit met with his Mcdonald s stars on Mouth watering soviet television Moscow not soviet television monday showed a flattering portrait of a Mcdonald s restau rant and the commentator said maybe there i something we can learn from  soviet viewers were shown hamburgers sizzling on the Grill of a Mcdonald s on fifth Avenue near the Empire stale building in new York As the staff hustled behind the counter to. Fill orders for big macs Quarter Pounders and Chicken  was a serious message in All this for the soviet Union where Consumers Are made to spend an sex Tryr Dinay amount of time in sluggish stores and pub Lic eating places the soviet television reporter Vladimir Dunayev praised the food and the rapid service at Mcdonald  report shown on International Panorama a popular evening newsmagazine program was a startling change from the usual soviet portrayal of the Chain As a purveyor of tasteless food prepared mainly to enrich capitalist entrepreneurs. The sight of Mounds of food moving rapidly an efficiently from the Kitchen to customers and such devices As automatic deep fryers and soft drink dispensers contrasted with the slow often sullen service at soviet restaurants. Dunayev determined to drive Home i Point said crowds lock Here at lunchtime but there Are no Long  Many firms to make dec. 24, dec. 26 holidays study says floating . Dollar Trade weighted Index of the Dollar 140 135 130 125 120 115 110 105 100 Monty Mac 196042-100 summer in in Ora number 4w various ind dual Exchange Nam old " against is major ton fun cum Norm 1m2 cd Cap Tito in tax a surest mayan of arty that a franchising total sales of goods and services try by Monson dollars Sov efs peps co work no on Deal for too pizza huts new York a Pepsico inc., which introduced mat Market ton drink to the soviet Union 13 Yean ago tuesday said it is negotiating to open a Many As 100 pizza hut restaurants there. The Deal would make pizza hut the first foreign Ketuu rat company to operate in the soviet Union the Eonta nid. Pizza i popular in thai country and the sane mine pizza Parroit of Pineir own it  have wine Pizz part Ort f Ifie pizza hut is the largest . Pizza  company Hopes a final agreement win 6 worked out by Early next year and that the first Fez hut win be under construction later in 1987. Pep co said it expects to run the pizza Hull m joint venture with the soviet who Are interested in learning More about american fast food operation Sand in providing the soviet people with More opportunities to Dine Oul Pepsico officials visited Moscow and toured restau rants there a year ago at the invitation of soviet officials the company said. Soviet official then visited the United Stales i september to tour pizza hut and other res Taurat. Pepsico officials Are awaiting an invitation to mum to Moscow and Hope to Complete an agreement then it said. La 1973, Pepsico closed a Deal to make Pepsi co lathe first foreign consumer product widely available in the soviet Union. The company operates 16 bottling Planti there today. Washington a nearly Hal the companies responding to a private Survey Lithey a to Ive their in tbabomv40 percent of the 408 employ. Eri Rve Yed by the Bureau of National affairs said they also will observe Christmas eve. Dec. 24. As a paid holi Day Molher i4percenl Saul they will sovide a half Day off with pay on Christ mss  tit annual Survey of year end Holiday the Bureau monday reported that eel of the responding employers Anto observe dec. 26 As a paid holi a. Let year when Christmas fell on a wednesday Only off a eyed  the Day after the Survey will Grant paid holidays for dec. 24-26.with new Yew s Day also falling on a thursday 22 percent of the companies said they would observe Friday Jan. 2, As a full paid Holiday too. Last year Only 3 percent of employers surveyed treated the Day after new year s As paid Holiday. Forty two percent of companies surveyed about the same percentage As last year said they plan to give their employees Holiday gift or bonuses. Of those planning gift. 60 percent said the items will be food such As turkeys or Ham. The values of Lite planned gifts rangedfrrnj3,50toj80, eighteen percent of the companies said they plan to give then employees Holiday cub bonuses ranging in size from 110 to $3,000. About half of the surveyed companies said they will sponsor parties for their employee. Hancock to offer workers Early retirement plan Boston up the John Han cock Mutual life insurance on. Haap proved a plan under which More than1,400 workers could Volunteer for Early retirement with pfc Iolj benefits. The offer Hancock s second i three years is pan of an Overall Cost cutting plan approved but month spokesmen Taid monday. The plan dubbed special Opportunity arrangements program nor soap a it being offered to 1,464 Home office workers and Field office clerical workers aged 50 or older who have worked forthe company at least Loyear. Workers who take advantage of the plan May choose Between extra pension benefits or 15 months salary said Nancy Concannon Hancock senior be president for corporate personnel the program is being put int place because we Are trying to reduce expenses she said we need to re Duce the work Force and we wanted to do it in the most humane  said the company hat no specific Cost cutting target in  Abo has a new Severance policy for workers whose jobs Are eliminated for economic reason or reorganization. The policy gives undo t workers one week pay for each six months of  at Hancock a Boston based insurance and financial service Monolith with $26.5 billion in assets can sign up for the new plan betwee Jan. 12 and March 31. They would have to leave the company betwee april 1 and june 30 of next year  
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