European Stars And Stripes (Newspaper) - October 29, 1987, Darmstadt, Hesse                                Thursday october 29, 1987 the stars and stripes pm pa9e South Korea oks new Constitution Seoul South Korea no ii in the first popular pm of lln1 country s sweeping democratic changes South koreans tuesday endorsed a new i pm ii Sulioti that clears the Way for the first direct presidential elections Here in of Jei irs. Al inc same time. Kim Dae Jung hi1 opposition Lender announced what tic has been hinting i or weeks Hal he will run for president along with his Long time vat Kim Vanung atm. More than " .1 percent of inc Voles counted favored the new Constitution. In adoption mox the nation closer democracy capping a Lime of astonishing reversals in South korean politics. In june the government of president Chun Doo Hwan. Facing escalating Street protests Ca Piti Atco to opposition demands and agreed to hold direct presidential elections expected in mid do com her. Political change gained further momentum when in a rare example of Compromise both inc ruling and the opposition parties agreed on a draft of the new Corsuti tuition. Most of inc eight previous revisions had been written to Benefit i Host in Power. Jul the exhilaration Over these breakthroughs has been ruled by the determination of both kims t run in the presidential race. Ihus splitting the opposition Vole and reducing although not eliminating the chances that inc opposition will win the election. Kim Dae Jung. Perhaps the Best known opposition Leader narrowly lost inc race for the presidency in 1971. The last Lime South koreans voted directly for i hair president. In to when he was imprisoned on charges of sedition by the current government his civil rights were suspended and were restored Only in Early july allowing him 10 run for president. Despite considerable pressure on Kim Dae Jung not to run he remains convinced he has a mandate to do so and that he fan win. A spate of attacks on Ron tac woo inc ruling party candidate for president is souring the political Atmo sphere raising fears that the Campaign could be skewed because Roh might be forced to logo outdoor Campaign rallies. If the attacks in which study nos threw eggs tear Gas grenades and firebombs were to traders shout orders in heavy trading on the Slock Exchange in Sydney Australia. Iran expected to Cut Oil prices to counter . Trade embargo Washington a Iran will probably Cut Oil prices in an Effort to counter the . Trade embargo announced this week by president Reagan Energy Secretary John Harrington said tuesday adding that the effectiveness of the embargo is directly dependent on the cooperation we gel from our  herring on meeting with reporters declined to say if the Reagan administration had asked . Allies to cooperate in the embargo. A did t say we were asking them i said we were going to need their support mid Harrington. Who returned Lasi week from a two week swing through eight persian Gulf and african countries. I really Don t want logo into talks that arc undertaken or contemplated,1 he said he believes Japan will be hard pressed not to cooperate with a Boycott of iranian Oil iranian Price culling Over the summer accounted for a surge of . Oil imports from Iran he said. Iranian shipments of Oil to the United slates aver aged 90,000 barrels a Day in 1986 and 250.000 a Day Over the first seven months of this year. They averaged 620,000 barrels a Day in july. -168, xxx a Day in August and 345,000 a Day in september. Intensify some also fear they could provide an excuse fora military coup. On tuesday however such fears were m the Back ground As an estimated 20 million voters 7k.2 per cent of the electorate  their ballots. The turnout was More than the 50 percent required by Law to ratify a Constitution which must he approved by a simple majority. Most koreans ignored Calls by some student and opposition groups to either Boycott the referendum or to vote Down inc Constitution on the grounds that the people did not have any direct say in shaping the document on tuesday nig Ghoul 3,000 study nos and work ers denouncing the referendum clashed with riot police and barricaded themselves inside Myon Dong Cathe dral the Seal of South korean catholicism and inc place where the june Street protests Hal forced constitutional change actually began. The new Constitution which is to take effect feb. 25, the Day Chun Steps Down provides Tor a single five year presidential term. Tokyo stocks get boost from Wall St. By the associated press Slock prices pushed broadly higher wednesday for the second consecutive session on the Tokyo Stock Exchange following advances in new York and Lon Don. Ste is. Muck re porn Slock livings vane 27. The 225-Sharc nikkei Stock average which posted a 632.40-Potnl gain tuesday was up 367.73 Points in the first  23,202.69 Points a the Market is moving on n firm Noil in Early Trad ing said Kunio Ono of Nomura securities a major japanese brokerage House on tuesday Stock markets around the world responded wild mined Cnidus ism to a Strong rebound earlier in inc Day on attic Tokyo and Hong Kong exchanges. After posting a record shattering 33 percent plunge in prices on monday Hong Kong s prime gauge of Blue chips the hang seng Index closed at 2,395.72 a gain of 54.03 Points or nearly 7 percent. In Tokyo the nikkei average regained More than half its sleep loss from monday rising 632.40 Points or about 2,9 percent to close at 22,834.96. It was the Index s third largest single Day gain Ever. The Index had dropped 1,096.22 Points or 4.7 per cent of ill value on monday. The recovery on the Hong Kong and Tokyo markets helped push Slock prices sharply higher when trading opened later in Britain the financial times Slock exchanges Index of 100 companies closed 19.2 Points higher at 1,703.3. The Index had opened 46.6 Points higher but shanty after noon it fell 7 Points below monday s close before Start ing to Rise again. Share prices on the Milan Stock Exchange closed slightly lower despite a brisk late rally Hal erased some Early losses at the final Bell the Market Index had slipped about 0.5 percent to close at 767, a record Tow for inc year. In Madrid the Market showed Only slight signs of recovery despite government Picas o investors to maintain Confidence in Spain s economic growth. On the Madrid Exchange Only electrical utilities escaped a drop Hal lowered the general Index by 13.45 Points to 241,85, Iraq reports attack on Tanker in iranian Waters Kuwait al1 Iraq Laid its War planes attacked a Tanker m iranian Waters tuesday night in us Campaign against Oil Esporas Hiil finance Iran s War Furi  Page 6. A Brief military communique issued 111  said Thi Ali Ines attacked a Lar a nasal target Oil the iranian  the curl Omar reference to a Linker h did not identify Llie vessel Wiur give the extent of damage o it and shipping sources in the persian Culf could not immediately confirm lie claim. Earlier tuesday. Iraq said in air Forte made a Siu teb Toul and t Fri Csc Vij on the Agha Jari Oil Field in southwestern Iran. Iran said Une plane was shot Down in Kuwait an official said civilians Sill be trained la help defend the Sheik Dom against attacks b iranian trained saboteurs. Kuwait has a defense Force of Ink about i-,ix0 men and a Small National guard. Iran which has been a War with Iraq  september by Jill. . S Kuwait of supporting Iraq meanwhile the i3lh comfy Ifil Vinji ships und .-Regimeri d Kwam tankers was i pulled mining North w Ard in the Central Ull. Hut its precise position Wai Lungi in. Pc Flagon sources Saij the number of . Warships in or near the pull us increased in -10 with the arrival us fhe mine sweepers and the  of a Rou Linc a Thalin of t uru v f lie Souras and it of lie mine sweepers mused Inu the Gull  ind the other Lliott c it try i Folly i in a  or iwo