European Stars And Stripes (Newspaper) - July 25, 1987, Darmstadt, Hesse                                Saturday july 25, 1987 the stars and stripes Page 3 . Economy jumped 2,6% in 2nd Quarter Washington Ufa the american Economy shot up at a 2.6 pen in Annu ran Cron april i Fotij june More than twite As High As cd pack a. The com Merce department said Friday. The surprising jump in real Gnu the sum Loial of goods and services adjusted for inflation follows a 4, percent growth Rale in the first Quarter. The government previously had estimated that growth at 4,8 percent. The pfciimman1 estimate of 2.6 percent growth for the Quarter was shocking because most economic analysis expected the government to report far less of in increase As Little As 1 percent. The report matters because Gnu is the Best single measure of the nation s economic health. It War. Certain to bolster Confidence worldwide in the . Economy. Particularly considering the government also reported Friday that the Economy grew More Between 1984 and 1986 than it had thought. The 2,6 percent increase is an annual Rale meaning it shows what a year s Worth of growth would be like if every Quarter performed like the second Al its current Pace the Commerce department said the nation will generate $4.449 trillion won of goods and services his year. Thai figure does t take the effects of inflation into account so the government Cavers for thai by figuring current Gnu in 1982-value dollars. For the second Quarter thai real Gnu rate was $3.796 trillion. The Commerce department said real Gnu went up $24.2 billion from the first Quanor because personal consumption Trade and government purchases Allim proved. Only residential investments and business inventories declined personal expenditures after adjusting for inflation Rose 112.8 billion in the second Quarter. People bought More aulos and less food and clothing in the second Quarter than they did in the first the government said. Real net exports of goods and services increased s7.4 billion As growth in exports outpaced increases in imports for a third straight Quarter a feat that had t been accomplished since 1980. Government purchases on the Federal level dropped 31 billion from the previous Quarter but stale and local government purchases were $3.6 billion ahead of the previous Quarter s rate. Real non residential fixed investment Rose sb.2 Bil lion entirely because of equipment purchases the Only drags on the Economy were in inventories and business investment. Business inventories grew by $41.2 billion in the second Quarter but still ended up As a negative in inc Economy because icy had risen $47.6 billion in the first. As a result the category subtracted $6,4 billion from the second Quarter change in Gnu. Residential fixed investment was $200 million lower in the second Quarter than the first. Personal savings fell to 3.2 percent of after tax in come one of the lowest Rales since world War ii. And so goodnight �4s photo by Tim of Jim As night moves in la embrace the Island of Crete he Sunset at Xhania lives up to its reputation us Une at the most Beautiful in the world. The sleepy Sun s Tore like beams play on the water of Khanla Harbor signalling the Lighthouse la Lake Over Sentinel duties for a few hours. S. Korean constitutional panel to be appointed Seoul South Korea a the governing and opposition parties Friday agreed to appoint an eight member bipartisan Emir Liliee nest week to draft a new Constitution that will guarantee full democracy in South Korea. The agreement was reached at a meet ing of four lop officials the floor Lead ers and Secretary generals of the democratic Justice party and the opposition reunification democratic party. An agric men released after the meet ing said the eight member committee consisting of four vice chairman level officials from each party will Convene its first session next week to draft South Korea s new Constitution. In addition to drafting a new Constitution the committee also will try to review other Laws thelit May require re vision before an election is called later this year to pick the country s next president. The bipartisan constitutional draft will then go to a special parliamentary committee for consent by other splinter opposition and Independent groups according to the agreement. The two parties also will try to Rico Lilac the release of More political prison ers in addition to 600 prisoners of con science who were freed Early this month the agreement said. South Korea is in a political transition after president Chun Doo Hwan agreed Early this month to choose his successor by a direct popular vote instead of the government dominated electoral College system. Chun acted after weeks of violent pub Lic protests Chun s agreement eliminated most key problems that strained South korean politics. Ferry inquiry blames owners Captain 2 others London a the official inquiry into the ferry disaster in belgian Waters last March thai killed at least 188 people on Friday blamed owners turns end Thoresen the Captain and first officer and the assistant boat Wain Whu failed to shut the to hours the Herald of free Enterprise Capsid because she went to sea Wilh her inner and outer How doors open the inquiry report said water entered Uinn inc vehicle deck in Large quantities and destroyed her stability. The government Bier announced a package of ferr safely measures including mandatory Indus or lights and closed circuit Ivlo Monitor the Doon and making the departure of a ferry with the Bow Titan open a criminal offence. Transport Sev Relar 1 aul f Hannion also announced thai $1.6 million Wolf be made available fur research into the stability of Roll on Roll Oil passenger ferries like the Herald of free Enterprise and the pro Mon of bulkheads on vehicle decks. The report concluded that the 7,451-ton ferry Cap sied As a it sult of Faulis by Apt. Id . First officer Leslie in bal. Assistant Boatswain Mark Stu Navy and by ton tend far terries Ltd. At All Levels from the Board of dial Olufs to Leif Man Igei i la lilt iiuiitk1 department Down to the Junior  from lop to Bottom the body corporate was affected by the disease of sloppiness it said. Lord Justice Barry Sheen and four assessors who spent 29 Days listening to evidence at a Public hearing ordered the suspension of Lewry b Captain s certificate for one Jear and Ibel officer s certificate fur two Sears. Sabels i urn. Belinda Bucknell. Said Lacr there is machinery fur an Appeal which we will mrs incr the report spelled out Lial step slut Ulm the Iki ii in the future for the safety of passenger in the Mienl i similar taps map. Ray innit ii ii Iii a  Haj Inifi Switi a and Vej   i a