European Stars And Stripes (Newspaper) - May 25, 1988, Darmstadt, Hesse                                Wednesday May 25, 19b8 the stars and stripes Page 3 North Korea s ridiculous actions meant to mar games Admiral says Seoul South Kumra a the . C onid tuesday accused North Korea of trying in disrupt the i98h olympic Gaines h fabricating claims dial War n Kinming in the korean Penin Sula. . Rear adm. Vil Iam t. I in Day. In a letter Del Init Llo North korean officials said an investigation of a recent Spak of claimed tinier violations found they were completely  these ridiculous actions by your Side Thill Are obviously designed to Dis courage participation in the forthcoming Seoul olympics will convince no one and will be condemned by the world Community Pond Fly said in the idler which was released la the press. North Porcu has charged repeatedly in recent months that . And South korean forces Ore preparing to Start a War on the divided Peninsula to try la con Quer the communal North. In Tokyo president Joaquim Chis a no or Mozambique said tuesday Hal North korean Leader Kim 1 Sung told him the North will not Lake part in the olympics. Chiusano who arrived in Japan on monday after visits to North Korea and China told reporters thai Kim 11 Sung indicated the North korean position on the olympics just by saying that North Korea was not going to participate in the games because they did not want to condone the policy of   North Korea said in january in would Boycott the olympics after is demand to co Host the games was rejected by South Korea ind the International olympic committee. The committee said the games arc awarded to a cily and cannot be shared. South Korea and the committee have been urging the North id reconsider and take part in the games in scout but Chiss no s statement indicated there is Little Hope Pyongyang would agree. South Korea the United stale and other nations charged that North Korea was responsible fur inc nov. 29 bombing of a South korean Airliner that killed All 115 people on Board. A self confessed North korean not it said the plane was bombed to disrupt the olympics. T endly senior Delegate to the United nations come. Charged that North Korea is conspiring to disrupting the olympics by fomenting tension with false charges of Border incidents. The results of our investigations revealed that your charges arc completely false he said. Setting stage for economic Summit Canadian or Law minister Drin Multan cd and West Terroan Chancellor Helmut Kohl review in Honor Runard in Bonn lifter Mulroney arrived tuesday a make preparations Tor nest month eco nomic Summit in Toronto Mulroney was la meet wednesday with european economic Community leaders to discuss plans fur the six nation conference in Canada that is scheduled for Junr-19-21. Japanese assets overseas total $240.7 billion Tokyo Al t Japan already the world largest creditor nation had record m1 overseas assets of $240.7 billion last year a 33.5 percent increase Over l�86, the. Finance ministry said tuesday Japan s governmental and private assets abroad at the end of 1987 totalled $1,0716 trillion up 47.j per cent from a year earlier while liabilities surged 51.9 percent to $830.8 billion the ministry said in an an Nual report. The net increase made Japan the world s largest creditor nation for the third year in a Row finn pc minister Kiichi Miya Awu said Japan surpassed is Ilain and other industrialized nations in terms of net external disc is in 1985, with a toll of s129.s billion. Ministry officials said Britain which was the Sec Ond targe so creditor nation in 1986 Wilh net overseas assets of j 169,6 billion is expected to place Mccond again for 1937, figures in Japan s 1387 report were calculated under inc conversion rate of 151 yen id the Dollar the average for the whole year said ministry officials. Speaking on condition of anonymity. If converted under tuesday s Rale of i24.2s yen per Dollar Japan s net assets abroad would local $292.6 billion. Despite the Sharp appreciation of the yen since the fall of 1985, when ii Bough 242 yen japanese exports have been brisk raking in s76 billion in surplus Trade last year. The officials said the Sharp increase in assets abroad came from Active investment in High yielding . And Oiler foreign securities by japanese financial institutions and corporate and private investors. The external assets also include private and govern ment Loans Trade credits and the diversion of part of inc huge Trade surplus to foreign securities and real estate acquisitions they added. The ministry report did not give a breakdown of assets and i liabilities abroad by country. Military child Core study redundant lawmaker says by William j. Batman Washington Bureau Washington the availability and Quality of military child care will be under review in As Many As Ihrck government inquiries this summer and that is one inquiry too Many according to one lawmaker. In june rep. Beverly Byron did. Will hold hear Ings on military child care through the House armed services subcommittee on military personnel which she chairs. At the same Lime a Senate re queued report on the Issue is expected from inc general accounting office. Now rep. Vardiss Collins d-ii1-, has proposed an amendment to the defense authorization Bill Catling for inc defense department inspector general to conduct a Supply and a Mand study of child care. Although the House accepted Collins Amend men Byron called such a study premature and redundant. The 10 study also Musl be approved by the Senate where the redundancy Issue is expected to come up again. The review in Collins amendment mainly focuses on problems she has found with the availability of child Cire for civilians working for the military. The government operations  on govern ment activities which Collins chairs held a hearing on la military child