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Publication: European Stars and Stripes Sunday, April 26, 1987

You are currently viewing page 45 of: European Stars and Stripes Sunday, April 26, 1987

   European Stars And Stripes (Newspaper) - April 26, 1987, Darmstadt, Hesse                                Inside stripes q source report arms profits traced to Contra rebels Page 2 q altered bacteria released in test Page 5 d indians end Yankees win Streak at 10 sports Page 21 the Esters gripes aim of Force vol.46,no.9 sunday april 20, 1987 08693 a 17 Hurt As bus Dodges bomb by Janet p Agosti Ostaff writer Athens Greece sixteen americans and a greek bus Driver were injured Al about 5 . Friday when the greek military bus in which they were Riding swerved to avoid a bomb blast on a Road near hellenic Kon a in Athens. The injured were taken to the . Air Force Hospi Tal at hell Nikon. One of the people was reported unserious condition from a head wound. The nature of the injuries and the conditions of the injured were not available said Cynthia cables a , embassy spokeswoman in Athens. Among the injured were two army stuff sergeants an army Captain two sergeants first class and two wives according to sol. Linda Fly Lac a spokeswoman for Hal Nikon a. There were about 30 people on the bus returning from work at Elc Sis about an hour from holler Ikon when the incident occurred Flythe said. The greek base Al eleusis is the administrative head quarters for a nato assigned . Artillery detachment that oversees other nato artillery units around the country cables said. A greek policeman told the associated press that a bomb was placed on Al Stone Wall along a dry River bed and was detonated by a thin 300-Ynromorig wire run Ning acres the River bed the bus Driver saw the explosion ahead of the bus and swerved to avoid it said cmdr Jerry Ryan a ,european come spokesman in Stuttgart. The Driver s see bomb on Page 28 sixteen americans were among the injured when this Creek bus braked sharply to avoid a bomb blast. Dollar sags on foreign markets Nunn says despite Central Banks support new York not the Dollar was battered on foreign Exchange markets on Friday As traders shrugged off efforts by Central Banks and the Reagan administration to Shore it up Sec re used Story pages most of the damage to the Dollar occurred in asian and european trading. The currency firmed slightly after Tate coming comments by Treasury Secre tary James a. Baker Iii but Market participants in new York pushed the do Larback close to the lows that had been reached earlier in the Day. By late in the Day the Dollar had plunged through two important psycho logical barriers 140 japanese yen and 1.80 West German Marks. The american currency was bid Al 139,30 yen up a bit from the record 139.05 Low reached during Tokyo Trad ing but Well Buinow thursday s new York closing of 140.723 yen. Near the end of trading the Dollar was bid fit 1.7830 Marks Down nearly 2 pfennings from thursday s close. Meanwhile Gold and Silver prices which have been rising in conjunction with the Dollar s fall in value once again pasted Strong advances. The Republic National Bank in new York quoted Gold at 1462.50 an ounce at 4 ., up $3from thursday s late bid. In the futures markets prices of Silver and other precious metals climbed. The near month Silver contract Rose 76 cents an ounce to $9.66. The credit markets reacted negatively to the Dollar s fall with dealers marking Down prices of All Treasury maturities. Unlike previous sessions when the Dollar was primarily weaker against the japanese yen Friday s decline was Broad based. The Dollar s fall against the Mark brought it Down to Levels not seen since Early february. It dropped to a new Post War Low against the Swiss franc falling nearly 2 centimes to 1.4560. And it lost additional ground against the British Pound which jumped to a bid of $ 1.6610, from 11.6445 on thursday. Reported intervention by a Host of Central Banks including the Federal re serve did Little to Stem the Dollar s de Cline. Some traders estimated that themed bought $600 million to 1800 million to buoy the currency against the Markand the yen. The fed typically docs not acknowledge whether it has intervened in the currency markets. While Central Bank intervention was see Dollar on Page 28 nato May need growth Washington Dpi nato leaders May have to persuade the euro Pean Public to Back Large increases in conventional forces if a nuclear arms agreement is reached that would eliminate or drastically reduce nuclear mis Siles in Europe. Sen. Sam Nunn d-ga., said Friday. The european allies have been so used to the Early use of nuclear weapons that they Don t even discuss that conventional forces with their Public said the congressional defense expert. Nunn old reporters that he has not yet made up his mind on whether he would Vole for an .-sovjct agreement eliminating medium and Shorter Range Missik in Europe. He said his decision would hinge on sea Nunn on Page 28 Dodds teachers pay hiked an average 5.6% teachers in the military s overseas Sce will receive an average salary hike of 5.6 percent retroactive to aug. I 1986. The department of offence dependents schools announced the pay raise thursday As a result of an annual Survey. The study by the system s wage fixing authority collected data on teachers salaries of 171 Urban areas of at least 100,000 Peconum _ teachers earn the average salary  in those 171 communities. Teachers with Lillyn  
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