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Publication: European Stars and Stripes Friday, November 13, 1987

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   European Stars And Stripes (Newspaper) - November 13, 1987, Darmstadt, Hesse                                Direct investment positions far he telex Ceu Lilet it year my 1 936 m . Inv pm its i i flu sign into silents no Nuvil l.-. I a y 5 Canada w. Gar. We. Batain Siu. Japan Oit my Sain us. In Winnin of comm Friday november 13, 19b7 the stars and stripes Page 3 . Trade deficit declined in september report says 1990 household buying Power areas expected to have highest disposable income  Lak county. In grand Forks and Washington do Chicago Tribune graphic Washington a last month s Trade deficit report helped trigger the Stock Market crash but the latest report notes that the deficit narrowed from j15.7 billion to 114.1 billion in september the government said thursday. Analysis suggested in Advance of the Commerce department report that a september deficit figure of si5 billion or less would be Well received in financial markets. Last month s report showed a Irac deficit that hid narrowed from the 116.5 billion shortfall of july but the improvement was not nearly at Large As Market had anticipated. Export Rose in september to $21 billion from j20.2 billion in August. Imports declined to $35.1 Bil lion from $35.9 billion. The september performance was the Best since a s14 billion shortfall in May. The slowdown in imports was paced by drops in purchases of both foreign merchandise and Oil. Imports of Petroleum products declined to $3.9 Bil lion from $4.7 billion in August. Imports of manufactured goods Tell to $26.6 billion Down from $26.9  of a manufactured goods meanwhile were up $ i billion to si4,8 billion. Despite the improvement the Trade deficit for the first nine months of 1987 was running at an annual rate of si66.9 billion larger than the record 1156.2 billion for All of 1986. The . Deficit with Japan decreased to $4.6 Bil lion Down from $4.9 billion. The Trade shortfall with Western Europe also fell to $1.7 billion from $2.s billion. But the Trade Gap with Canada this nation s largest single trading partner Rose in september to $1.3 Bil lion from a $939 million shortfall a month earlier. With imports Down and exports up the Trade bal Ance appeared to be finally showing an improvement under the pressure of a Long declining . Dollar. A weaker Dollar makes imports More expensive and . Goods More competitive abroad. The september report showed that americans were buying fewer automobiles from Asia a Market thai in the past had shown Little sign of a slowdown even in the lace of rising prices. In september Auto imports from Japan fell to $1.6 billion Down from $2 billion in August. And while Auto imports from Canada were up to $693.2 million from $375.8 million in August they fell from All other countries to $886.1 million from  billion in August. Reward in a me Case now $8.3 million Stockholm Sweden up the government thursday raised the Reward for information leading to the conviction of prime minister Olof palme s killer to 50 million Kroner $8,3 million. After a fruitless 20-month search for palme s Assas sin the social democratic government approved a request from the police investigative team to increase the Reward tenfold. By increasing the Reward from s million to 50 million Kroner 1830,000 to $8.3 million we Hope to receive the crucial lip thai can solve the murder of Oto palme said investigative spokesman Ingvar Eriksson. Although Eriksson said there has been no break through to the investigation he does not consider the inquiry to be  said he views the increased Reward As a shortcut to solving the murder by encouraging possible accomplices testify against the killer. We Hope to get a so called insider lip through the Reward Eriksson said. Al the same time we want to avoid that the palme murder becomes a Case of circumstantial  palme was gunned Down feb. 28, 1986, on a Down town Stockholm Street by an unknown assailant when Hirwas walking Home from a movie theater with his wife Lis Betpolice offered a Reward of 500,000 Kroner $83,000 immediately after the assassination and increased the Reward to 3 million Kronor a year later. The Muca critic ezied police investigation has received about 14,000 lips from Hie Public but no one has been charged with the crime. Stockholm police chief Hans Kolmer who was accused of bungling the investigation in its first i months resigned March 5 after prosecutors called his leadership  2 firms planning paper thin batteries Tokyo a two japanese companies have succeeded in producing electrolyte the chemical mix Ture inside batteries in paper form allowing the manufacture of batteries less than 0.1 millimetre 0.004 inches thick a company official said  electric Industrial co. Spokesman Akira Nagano said batteries made from the sheets of rechargeable dry electrolyte can be used to Power smart credit canis with built in computer chips smaller heart Pace makers and miniature portable radios and tape recorder. Because the solid electrolyte sheets can l leak have a temperature Range of -40 to 100 degrees c -76 to 112 f and Are unaffected by vacuum they also Are especially appropriate for use in satellites in space. Nagano said Matsushita which jointly developed the Sheet electrolyte with Japan synthetic rubber co., still is studying what kind of Metal electrodes will work bes with it he said. As a result batteries with the sheets will not be available commercially for at least one to two years he said prices also have not been determined but Are Likely to be somewhat higher than for conventional batteries Nagano  said the Sheet electrolyte is nude by mixing insulating polymer dissolved in an organic sol vent with powdered solid electrolyte. The mixture then is coated on a Sheet and  sheets can be made As thin As a few micrometers about 0.0001 Inch or As thick As several Millimetres about 0.1 i chit said. In Advance of the report it had been anticipated that a worsening of the Trade deficit in september could have sent financial markets into another Taii Ipin. However with the healthy $1.6 billion decrease in the deficit from August to september Market traders seemed Likely to View the latest statistical report from Washington Al Good a tvs. The report on the August Trade deficit has been widely blamed Tor beginning the Tumble in Stock prices that later became an Avalanche. It was the Liming said Lawrence Chimerine president of Whiton econometric forecasting associates. Markels were becoming increasingly aware thai the Trade deficit was t coming Down and that foreigners were becoming less willing to finance our budget deficit last month s report showed that from january through August the . Trade deficit was increasing at an annual rate of $171 billion much larger than last year s record $ 156.2 billion shortfall. Last month s disappointment was not just Over the figure bul that the backdrop was so negative Sai Dallen Sinai chief economist for Shearson Lehman Bros in new York. The figures were just a reminder that huge Trade deficits Are Here to stay. There is very Little Prospect that the huge Trade deficits Are going logo away soon. It s an open ques Tion a to whether another reminder of still High Trade deficit would be upsetting to the  actually Many economists Are predicting a significant narrowing of the Trade deficit next year Par Tlyas � consequence of the Stock Market crash. The mar Ket collapse increased expectations of a slowdown a consumer spending and led to further Sharp declines in the value of the Dollar against other major currencies. The monthly Trade deficit deals Only with Trade in merchandise and it does not include services or inter National investments. It is not adjusted for inflation or seasonal  Reagan administration and Many economists claim that the recent Trade figures Are unreliable an mask an actual improvement in Trade volumes Over the past year. They argue that Price differences Are to blame for the disappointing figures thai the prices paid for . Exports overseas have not men As rapidly As the prices . Consumers pay for imported goods. So Why Are the monthly figures so closely watched by traders in financial markets because everybody is trying to guess How everyone else is going to react to the numbers said  100 much importance is put on them. They Are unreliable. But they re the Only numbers we be  top videos by the associated pro the following Are the most popular vide Ocas Setles As they appear in next week s Issue or bin Board Magazine. Copyright 1987, billboard publications inc. 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