European Stars And Stripes (Newspaper) - November 15, 1988, Darmstadt, Hesse Tor Hill suspended from title gamer Paige 25 unofficial Fob the . Romeo forces Good morning vol. 47. No. 211 tuesday november 15,1988 to Oft i surely d 8693 a Bush plans stable Dollar policy Gulf Stream flu. Api George Bush seeking to Calm world financial Market fears about i Forth coming presidency said monday thai he will continue the Reagan administration policy or coordinated intervention with . Allies in Exchange markets when major currencies Rise or fall Loo quiet 1.the president elect sought to minimize the weak ening of inc Dollar against the japanese yen and Ger Man Mark and the plunge of the Stock Market since his election last tuesday saying these gyrations Hap pen in an informal meeting with reporters on the Beach he said Exchange Market stability is the key. No body is going to Peg lie Dollar 10 any existing about the markets behaviour have dogged the vice president during his Post election Florida Beach vacation. The Dow Jones average of 30 industrials fell almost so Points last week including a 47-Poinl drop Friday that was partially triggered by fears Over erosion of the Dollar s value abroad asked if he would favor lowering the Dollar against foreign currencies As has been suggested by his some time economic adviser Martin Feldstein Bush said the policy in effect is the administration policy built around policy coordination and Exchange Market stability. Thai s the policy of the for the past three years the United Stales and its economic allies have had a Ulicy of coordinated intervention in Exchange markets when major currencies Rise or fall too rapidly. The Central Banks of the major Industrial countries buy or sell dollars depending on whether they arc trying to counter a Rise or a fall in ils value Between september 1985 and february 1987, the policy was to push the value of he Dollar Down. Since february the policy has been to maintain stability of Exchange rates through a managed final within is see Bush on Back Page Swanny River Roundup it s that time of the year again fur the Swan of Hamburg they re headed for warmer Winter Quarter. Annually when the autumn chill sets in the 100 or so swans thai decorate the Alster River and other Inland Wiltrio Fth West German port dry arc collected and Given a boat ride loan artificially healed Pool where they can swim around in Comfort until sprint. Above City employees arc lying up the Graceful Birds temporarily so they won l Flop about and miss the boats below waiting to shuttle hem to heir vacation Home l. Shamir asked to form government in Israel Jerusalem a president Chaim her of asked prime minister Yitzhak Shamir on monday to form is Rael s neat government and Shamir pledged to make a tremendous Effort to adv Altce peace with inc arabs. The president called on Israel s two major parties Shamir s right Wing liked and the left leaning labor o try to form a National Unity government. But it appeared most Likely Shamir would form a government with Small right Wing parties and three religions parties. Shamir speaking at the presidential mansion after being summoned by her zog agreed to explore a Unity govern ment but made ii Clear that he alone would cad the government and would not share Power with labor As he did after the 1984 stalemated elections. Shamir promised to include in his Cabinet All the parties that would agree to be part of a liked Lud however labor i atty Secretary Gen eral Uzi car am said labor would accept nothing less than an equal partnership with liked. After inc 1984 elections Shamir and labor Leader Shimon Peres agreed to Divide Cabinet posts equally and both served As prime minister for two years. This Lime however liked has the ability to form a government with Small religious and right Wing panics and in is unlikely to Grant labor s demand fur Equality. Rafi Edri. Who headed a labor delegation that met with Herzog earlier Mon Day conceded the party s defeat. This morning it s Clear that Shamir will form the next government. We did what we would and we did Noi succeed but we did not Compromise our principles he told reporters. Despite the conflict. Shamir invited see Shamir on Back Page army Epa remain split on car testing provision by Chuck Vinch Washington Bureau Washington the army and the environmental Proie Cimon Agency still Are at Odds Over n provision of the service s new emissions testing program and service members trying to ship cars Back to the United states May be caught in the middle.--. The army testing officially began in West Germany and the Netherlands on oct. I. In involves inc use of a Plumbis to a chemically treated strip of paper placed inside tailpipes to determine whether leaded fuel has been run through the catalytic converter. The de Lection of Lead would bar the vehicle from being brought into the United Stales under Epa regulations. The program allows car owners to keep their converters attached and take advantage of widely available unleaded fuel in Germany As Long As they have the cars tested once a year and again before shipment to the United states. In approving inc army program the Epa included an important restriction that cars must have been tested for every year that icy were driven overseas with a catalytic converter. This requirement was added because of car owners who have been driving vehicles overseas with converters attached before the army started testing. According to the Epa the results of the Plum Blosmo lest can be thrown off. By accumulated buildup of dirt if it is not done at least once a that Means anyone who has been driving overseas with convert ers on for More than one year before the first test would not is allowed to ship that car without gelling a Bond Ai the stateside port and haying a new catalytic converter installed. Such costs can run As much As $ 1.000. -. But inc army is ignoring the one year provision much to the displeasure of the Epa. Agency and service officials met oct. 31 to discuss the Issue but in re Mains unresolved. At thai meeting we made known our intent thai the testing program would Only apply to cars that had been overseas Sao Epa on Back Page
