European Stars And Stripes (Newspaper) - June 7, 1987, Darmstadt, Hesse Eco Summit vol. 46. No. 51 sunday june 7, 1987 the sars and stripes Luth Chilo unofficial Tuil cation Khz arms agreement near read Venice. Italy a a upper told euro peans Friday the Sta Wrand soviet Union Are close fans agreement thai is very much in on our terms to dismantle hundreds of nuclear lipped missiles in Europe and Asia. We re non who ours some hard question remain. Bui the pro sperm a Reagan said in a televised address beamed to Tunfu be United slates information Agency. The see arms on Page 28 managing world Economy the main Summit task Complin from staff and were reports the Heads of the so Van leading Indus trial nations meet in Venice beginning Tvorik on what i perhaps on mandates devising a Way to world Economy. Following up on the groundwork Laid Down by their economic ministers at less formal meetings in Paris London an new York the seven representing the United states Japan West Germany France Britain Canada and Italy will seek to Hammer out a framework holding the world s economics c such International eco pwn policy coordination Cenua a sin areas of it Trade budget bal ances Infin Feih. Interest Rales and cur cd Shange in effect is a system for limit ing currency Exchange rates a partial step Back to the system of fixed rates that went out of effect in the Early 1970s. The group of seven meeting in Paris in fcb Rumary for example set ranges for both snark and the japanese yen its have held. The Venice meeting thebe a Aid Down in la Luu rapt pc Poehl told graduating of the University of Maryland Germany last week. For americans serving in Europe thais Likely to mean the Dollar will remain close to current Levels. Following Are Brief sketches of in leaders and their priorities at the sum Mit president Reagan the biggest economic problem facing the economic Summit is the collapsing . Dollar. Is creating havoc . Trading partners particular and West German need info Terest rates. In past . Officials were Content fell hoping its depreciation Tohm Bagi none expensive and . abroad. However in the months the White House has with the other Industrial Powers that in Dollar has fallen enough and that a further decline could create severe eco nomic problems in the United states and abroad. Reagan probably will favor an and of Simnin communique stressing More growth in countries with a Trade surplus again Germany and Japan As a Way of helping to both prop a year other countries want More commitment fur a Cut in the . Budget deficit a major Factor in Trade imbalances. Reagan has had no problem agreeing touch promises although delivering is an other question. The administration also can be sex Jed to press for More Progress on a at last year s Tokyo Jim str coordination among the inhales. Reagan is As he did in Tokyo for More Inte in talks on the evils of government subsidies of agricultural products. An arms Deal with the soviets is also see Summit on Page 3 Wii Type leather flight jackets issued to air Force or tots Isle. Green Era Bureau Sembach a tammany Well dressed air Force pilots will soak be wearing their scar ves draped Over a new Fli jacket. Actually it san old night jacket. I think it s super that the rth Prce is Goingback to the leather Light cant. Mike Ryan an a-10 Pilot with the with tac fighter so at Sembach a. The Jack ii All the glory thai All the kids grew up world War ii of fighter aces Over the reborn jackets Wilt be issued to air c in combat ready operational units acc the air Force news service. The a Hopes issuing the jackets will enhance Esprit Decorps of air Crews and help curb Are recently experienced decline in project will Cost the Airoff acc Jujj than 15 million the news service us. It quoted it. Gen. Thomas a Hickey do my chief of staff for personnel As saying hurts initiative alone enables the air Force to brain several operational pilots who would hav otherwise left the service 11 would have paid Jar ii Selfin the tint air Foro yes it costs More than ii Mil lion to train �af-1s or Al 6 Ayu tors have worn leather jackets for 60 years Huhe air Force stopped issuing themis Mur portly after it switched Over from the army or corps and became its own of using the leather jackets to keep in the service was suggested by Field com ers the news service said. Cd j think anybody would be fooling themselves to think that the clothes you Wear makes people see jackets on Page 28 its to Noah on Dua capt. Mite Ryan bears dad s Wii Teit Secord vowed to help Iran witness says Washington up Albert Hakim testified Friday that a delegation led by it cot. Oliver North told iranian official last fall the United states would Send troops to Iran if the soviet Union Ever invaded and also would help depose Iraq s president. But Hakim the iranian born businessman who with retired air Forte maj. Gen. Richard Secord con trolled the private Enterprise at the heart of the Iran Contra scandal said the promises were made Only As a bargaining tactic in the attempt to open relations with Tehran s Radical islamic government. In an emotional conclusion to the Day s hearing Senate pane chairman Dame Inouye a Hawaii said Hakim s Story of secret Swiss accounts Clandestine arms deals non i guided White House Tours for Irani an and private foreign policy turned thursday and Friday into a very sad two Days for while Hakim s tale was by turns fascinating an Denosic Inouye said this was not funny name. This was very tragic to find that iranians who have been sneaked in inthe dark of the night been Given a special tour of the while House to say that it is stranger than fiction is a understatement Inouye said. Then we find an american general who should know better an Ameri can lieutenant colonel who everyone suggests is Sec Ond Only to the president of the United states Corn Milting this country in Power and majesty to defend Iran without even consultation with the Congress of the United states is just unbelievable. And then to have it come out that we will participate in deposing a chief of stale of a country and we re supposed to be Neutral in that area. Did these things see Iran on Page 28
