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Publication: European Stars and Stripes Tuesday, June 28, 1988

You are currently viewing page 31 of: European Stars and Stripes Tuesday, June 28, 1988

   European Stars And Stripes (Newspaper) - June 28, 1988, Darmstadt, Hesse                                European Leader meet Page 2 the san a tapes vol. 47, no. 72 author Iid unofficial Rulli Patiam c0� the . To Poi ii tuesday june 28, 19b8 0otf Veninat d 8693 a Greenback rises Sharp in Ilse vow i Schweiz  Lane i Ltd a Telephone at each ear trader gels the latest information. Hits 8-month High in despite Bank s a . Hom1nickifinancial writer Frankfurt the a  on International currency no Jarff onday posting six month his quip Nrec japanese Jujen be fore reaching Lauhn esl level since october against  Mark. Nurt the Buck closed above 1.82dp More than 2 pfennig Over Friday s in Cal Bra to slow the Dollar s Rise the Carman Bdl Bank sold $24 million at the fix traders tic Rhc sell off however had Little effect sales of German Era Fajo . Personnel for personal use will be at irn Tatjie 1.81 tuesday based on a Price fixing at raid mod allowance for Standard handling charges. Sec rates on Page 20. In London the Dollar closed at 1.pushed higher by word that the British deficit ballooned to $2.04 billion the worst in inc nation s  in Frankfurt and London said the Buck s climb would Likely continue at a cautious Pace amid worries that the Central Banks would begin a concerted sell off of the estimated $20 billion they have accumulated Over the last year of the Dollar s de Cline. So far there s been no hint of the massive intervention thai everyone s been fearing for the last two weeks one German trader said As Long As the Central Banks slay out the Dol Lar should continue to  a London trader said the Dollar could reach1.90 Marks and a Sterling Rale of  before triggering serious Central Bank interest. The United states seems not unhappy with slightly higher Dollar he said. I think it s not so much the Rise As the Speed of the Rise. As Long As i inches up think 1.90 for Dollar Marks would be quite acceptable. Remember the Central Banks arc looking for stability. Fits and starts arc what As Long As the Centra Banks stay out the Dollar should continue climb tend f3rc  while  still predict a weaker Dollar by  perhaps Back to the 1.50mark Range in  most traders remain bullish on them let s keep in mince no dec i Lions for weaker Dollar arc being Maddt of economists not inc currency dealers who a Onnet one Frankfurt banker said. " ing to our predictions for something aro1.85 Marks to the Dollar by the end of 88." is families can t sue tense firms in Depths injures High Couf Crules Washington Afler the supreme court monday Java of Cense con tractors important pro Lett against lawsuits by people who acc Stem of making defective equipment death or injury. The justices by a 5-4 vote refu5__reinstate a 5725,000 award to the Pricil of a Marine helicopter Copilot Jap died in a 1983 crash in the atlatl a Ocean near Virginia Beach a. The court said company Tmay not bested when they make military equip ment using a  by the Pentagon As Long Ajjie contractors did not conceal any potential hazards fro Mihe government the supreme court previously has ruled Thalji Fernberg of the armed serv ices May Fri sue the government directly Over a macs suffered in connection with the it Mary service monday s ruling marked the first Lime the Hajj Urt has extended similar pro  contractors. Rice Antonin Scatia writing for the,6rt, said state Laws authorizing person. Injury suits generally Are pre empt Edby inc Federal governments need to make unfettered military decisions. We Are of the View thai state Law Rich holds government contractors Lia Brit for design defects in military equip Terni does in some circumstances pre sent 3%knificant conflict with Federal policy Arf Busl be displaced he said. Scalia san Euils against contractors Are barred win he Pentagon approves reasonably erect specifications in equipment  specifications and the supplier was the govern ment about potential Calfers the equip ment poses. In a sharply worded Dis a Justice William j. Brennan said the Jurt see court on Back Page storms unleash havoc across much of . By the associated press scattered thunderstorms boomed from the West to the Southeast Mon Day after spawning tornadoes Windsand lightning that killed five people burned a Hole in a jetliner an knocked Over a race track tote Board. We be got Trees Down Fence Down you name it we be got a mess police sgt. Joe Ducich said i Greensboro n.c., following sunday s storms. In Utah a search was to be resumed monday for a 41-year-old Man who was swept away during a sudden storm sunday at Utah Lake in which a 10-year-old boy drowned. Scattered thunderstorms Range monday from Northeast Florida to North Carolina. Scattered Shower Sand thunderstorms lingered in Colo Rado new Mexico Texas. Oklahoma and Kansas. Sunday s fatalities included an 8-year-old Greensboro boy who was struck by two Trees As he Rode his bicycle through a storm police said. To the Southwest a 38-year-Oldman was fatally struck by lightning while boating on Lake Norman said Mecklenburg county police Cape. . Pendergraph. In North Branford conn., Light Ning killed a 17-year-old boy and injured his 19-Ycarold Girlfriend As they walked hand in hand through a Field said police dispatcher Phylli Dunphy. She was in fair condition monday with first degree Burns an possible internal injuries a Hospital spokeswoman said. Near Boulder colo., one climber was killed and another injured when they were Hii by lightning while try Anglo descend a 600-foot Wall in Eldora do state Park on saturday afternoon. We knew we needed to get on Down and we were doing just that Randall Jett 21, of Salem 111., said see storms on Back Page  
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