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Publication: European Stars and Stripes Thursday, March 17, 1988

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   European Stars And Stripes (Newspaper) - March 17, 1988, Darmstadt, Hesse                                Paga Zub the stars and stripes thursday March 17,19b8 . Foreign Trade deficit hit record in 87 the deficit in the broadest mc3nha�fcl.rorcign Trade surged to a record s160twiitu 1987, with the additional red Ink Pusl ing inc country further into inc Hole As he world largest debtor nation the government reported tuesday. The Commerce department said the current recount deficit last year was 13.7 percent higher than the previous record of $141.4 billion set in 1986, despite the fact that inc deficit for the final three months of the year narrowed slightly. The current account covers not Pilj the flow of merchandise across the Border but also the flow of pc i. Pri Marily investment Eaph tags Between countries. Who kit to tatted states has run Defi Cit in merchandise Trade for 16 of the pail 17 Yean the current account a i surplus As recently As 1981 As americans i on Oversea investments were i  merchandise deficits. But since that time handed Over billions of dollars Eigners in Exchange for imported with Alt of thai wealth now to hands the perennial Adval metre unwed Stales inn Liilo of Fli i him no has shifted built Mitrica has become the flav largest debtor country. Being a net debtor Means that foreign ers now own More in . Investments than americans hold in foreign invest ments. America was last a net debtor in 1914. Ii regained that status in 1985, with a foreign debt of ii11.9 billion. That debt grew to 1263.6 billion at the end of 19867 economists said that with tuesday s new figures the total debt has probably surpassed $400 billion although the government s official accounting made until june bowed thai the bulk Trade deficit came from dance in merchandise Trade a  reported last month. Adding to thl ment of $13,5 billion another government  As social Security paid to Recti living overseas. That figure was reduced slightly by a surplus of $12 billion to the services category. While foreigners now own More in . Investments the payment still showed a slight positive because Many of the older us. Investments Are earning a higher Rale of ret urn. However the services surplus was Down from is 8.6 billion in 19s6 and has idling steadily. A Nils expect Ine service surplus to be wiped out in future Yean As More and More dollars Are paid to foreigners in interest on the . Debt. For the fourth Quarter the current account deficit was s39 billion Down from s43.4 billion in the third Quarter. This improvement reflected a slightly  Trade deficit and a a sump Towb surpluses in the services  the third Quarter the United states had run a deficit with the rest of the world in investment earnings for the first time in 29 years. Race from Page 1 precincts showed Bush with 345,328 votes or s3 per cent to Dole s 246,567 or 3fi percent. Former television evangelist Robertson Hud 44,020 for 7 percent slightly More than the 5 percent he has said he needed to justify remaining in the race. Democratic returns showed Simon with 491,652 or 42 percent 10 Jackson s 390,038 or 33 percent. Duka Kis had 196,040 or 17 percent Gore 61.065 or 5 per cent cup hard 27,989 or 2 percent. If the Illinois results moved Bush one step closer Louis seemingly inevitable nomination next summer it served chiefly to Muddy the democratic race. Dukakis failed to Force Simon from the Field and the Prospect thus increased for a splintered vote in Michigan and other Industrial Stales ahead. The Republican race was easier to figure. This is a National Victory for a National Campaign said Bush. Illinois has spoken loud and Clear. What Ever the opposition the vice president said he woul Campaign in every primary right Down to the  Robertson sounded like a Man who knew inc game was up. I am laying the foundation now and definitely talking to people about 1992," he said. The democratic Winner hailed a new beginning for the Paul Simon Campaign adding now we have let people know we have a real  Jackson countered that by the time the primaries end in june i will have the most votes of any person running and perhaps the most  he added in reality Illinois i treated both of its favorite sons very Well.1 Dukakis claimed q respectable  despite the declaration of satisfaction from Jackson and Dukakis the outcome was a disappointment to both. Jackson had hoped for a big stale Victory that would be a breakthrough for his Campaign. Dukakis campaigned hard in Hopes of draining away enough Simon voters to hand Jackson a Victory and Force Simon to withdraw. It was a setback for Gore As Well who spent More than $200,000 in television advertising but failed to convert a Strong super tuesday showing into an Illi Nois following. He said he was ready to compete wit Dukakis and Jackson in every primary until the last round on june 7, but said he was still trying to deter mine where to concentrate his efforts. Gephardt never made an Effort in Illinois pulling his Hopes in Michigan. Simon had appealed for support by saying that he anticipates the democratic National convention will be a brokered affair this summer and he wants to be among the broken. He said he d quit the race if he did t win in Illinois. Jackson was piling up about 90 percent of the Blac vote As he has in other slates and less than 10 percent of uie White vote edit polls showed. In the Delegate Competition Simon was ahead for 136 to 37 for Jackson but the margin was expected to narrow As More of the Black vote was counted. Bush was winning 64 delegates on the Republican Side to 18 for Dole. That was less than the 40 percent Dole said he hoped to win. Going into Illinois Dukakis had 465 of the 2,082 delegates needed to win the nomination. Jackson had 424, Gore 355, Gephardt 14 and Simon 35. The Dukakis Campaign believes Dukakis will claim an additional 100 delegates in caucuses that have Bee held but Are net yet reflected in inc totals. These in clude delegates from Texas and Minnesota As Well at Washington. Bush began the Day the prohibitive Lender in the Delegate Competition on the Republican Side with 705 of the 1,139 needed to Clinch the nomination. Do Ehod 16 5, while Robertson had 17. Simon skipped last week s 20 super tuesday Prima Ries was Short on funds and despite his Victory had no firm Campaign schedule for beyond Illinois. Sandinista bombing rebels in major offensive Washington a nicaraguan forces using Aerial bombardment and heavy artillery launched a major Offen Sive tuesday against Contra rebels in in Northern part of the country and sent troops into neighbouring Honduras . And Contra officials said. They have overrun certain of our positions Sai j Ernesto Palazio director of inc Contra Washington office. Palazio estimated that about 3.500 front line san Dinsla forces aided by4,000 backup in oops were involved. The operation occurred less than week before the rescheduled resumption of cease fire talks and some Democrat in Congress pictured it As a sandinista attempt to go into inc negotiations from a stronger position. One state department official speak ing on condition he not be identified said initial reports suggested the Sandi nistas hoped to deliver a knockout blow against the contras. The military engagements came shortly after a 1 a hour White House meeting Al which president Reagan pleaded with congressional leaders Tor a renewal of american Aid to the contras but met an icy reception from democrats. Congressional sources declining to be identified said Reagan pounded the table and said there Are some people around this table who Don t seem to know who the bad Guys Are Down  Contra spokesman Bosco Matamoros said the sandinista soviet made Anlo nov planes dropped 500 to 1,000-Pound bombs on Contra troop concentrations. He said Contra air resupply capability is extremely limited. The rebels Are Low on food and Lack the ability to evacuate their wounded he said. In Miami Marta Sacasa another spokesman for the resistance said the sandinista struck at Contra positions with heavy artillery including multiple rocket launchers. The situation is critical she said the state department said earlier that preparations by government forces appeared to foreshadow the largest offensive we have seen the sandinista undertake.11 but House democratic aides also speaking on condition of anonymity said the offensive by sandinista troops was merely business As usual and an attempt to soften up the Contra be fore the cease fire negotiations resume. House majority Leader Thomas Foley d-wash., acknowledged that there is same military activity in the country but declined to elaborate. Another democratic Congo Vional source said it was dear that the contras Are having Supply problems in part because fan administration decision to spend the last Aid Money on Long term truck and air delivery contracts  that a House drafted humanitarian Aid package would be approved. Instead the package was voted Down on March 3, hotel from Page 1 includes James Mccrindle a by will be temporary executive director of arc. That Job became vacant in december with the resignation of Anto first civilian director of the organization. Mccrindle 48. Has experience in both military and civilian hotel and club management. He will keep his Job As the Deputy chief of the european Region of the family and support Center in Redelheim West gear Many. It s nol an indication that  Turner said. It s just pan of a Ceat valuation of Man the Hale Kefin Hawaii has been run Al the army level for several years he said and the guidance from inc committee slated thai arc also should be oper ated in thai  have enjoyed some Success and some benefits with centralized management Turner said. No arc facilities will be closed and there will be no Impact on contract employees and vendors or on prices and services offered by the hotels restaurants and recreation programs Mccrindle said. Customers will Sec no obvious cd come to arc Mccrindle Pajito i in llinl�nntil1i nil flu in Lii ill nol Koft Mahto a on the decision to move manage of ii Rospo a Ulith for arc to the army. The plan was under Conejo Smijon on several occasions unlit it was directed by die  panel Turner said Lealh has Mabul Etcar thai be thinks the operation in Europe has Beer Treit Flici enl than the operation in Hawaii. That in t to say thai the Way  aged arc is bad but Congress has seen a Wated it belter and they be old us to do it Turner sail Naf activities Nave 10 maximize , because those profits gel turned Back into the mar pot to help pay for other activities. This move is designed wit that in  centralizing management of arcs siring of bavarian hotels and recreation facilities is to be completed in two phases. During the first phase the Iran sit Ion learn Jav jul assume operational control and Tor the new hotel and conference Center in Gorki san site of arcs Headquarters. Inthe second phase an army level Agency will be chosen to oper tue the hotels. Phase one is to be finished by june. Congress has Given the army until Jon 1 to develop command Structure to manage arc Hale Koa and dragon Hilt  Spurlock assistant Secretary of the army for manpower told the stars and stripes recently that he envisions a hotel command Thyl would be a distinct element under the army Deputy chief of staff for personnel. He said it probably would not be placed under the control of the service s Community and family support Center but rather would be a sister Agency " in by aligned with the Csc  
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