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Publication: European Stars and Stripes Tuesday, November 29, 1988

You are currently viewing page 28 of: European Stars and Stripes Tuesday, November 29, 1988

   European Stars And Stripes (Newspaper) - November 29, 1988, Darmstadt, Hesse                                Page 28 the stars and stripes tuesday. November 29,1988 Only i Days left  parcel Airlift dec. 2 news briefs Carlucci to visit Europe Middle East for talks Washington a defense Secretary Frank Carlucci is departing Washington on a 10 Day trip to Europe and the Middle East the Pentagon announced monday. The defense chief will travel first to Paris  French defense officials before attend ing the nato defense planning committee meet ing in Brussels Belgium from nov. 30 to dec 2, after the nato session Carlucci Wilt visit Oman Bahrain saudi Arabia and Kuwait be fore returning Home dec. 7, the Pentagon added. While in the Middle East Carlucci intends to meet with senior military and political Lead ers to discuss a wide variety of regional and bilateral issues the Pentagon said. Postal service offering Christmas card postmarks Washington a Bethlehem North pole and Santa Claus Are among the postmarks available to mailers of Christmas cards the postal service has noted. To gel the special postmarks simply address the cards As usual and apply first class postage to each then put them All into a Large envelope and mail itto the postmaster at the Post office in question along with a note requesting that the cards be Post marked in that Community and mailed. To obtain the special postmarks customers should Send their requests to one of these addresses. Bethlehem Conn 06751. Bethlehem pa., 18016. Christmas fta., 32709. North pole Alaska 99705. Santa Claus. Ind., 47579. Noel mo., 64845. I the $28.5 billion deficit compares with the $30,2 billion revised deficit for the second Quarter. In is on a balance of payments basis which excludes , Mili tary Trade and reflects other technical adjustments to the monthly Trade figures x a a. The monthly Trade deficit fell 14,7 percent from september to october to 110.5 billion the Commerce. Department said earlier this month an improvement thai did not Calm nervous Slock and currency markets which had hoped for a More significant improvement. The largest decreases in the Trade Gap were with Canada America s largest trading partner Western Europe and Lalin America. Open approves Sharp slash in output Vienna Austria a open Oil ministers  Day approved a new production Accord that will sharply Cut their output and raise crude Oil prices. Saudi Arabia s Oil minister Hisham Nazer emerged from a session of the organization of Petroleum exporting countries and said the Deal was formally completed. All 13 members of the Cartel signed the Accord which sets a target Price Ofsie a barrel although crude has been Selling at s14 a barrel and less analysts have said the agreement which goes into effect Jan. 1 and runs for six months could Send crude prices climbing by $1 or $2 a barrel. Each $1 Rise in the Price of crude Oil theoretically Means an increase of 2.5 cents a gallon in retail Gaso line prices although Oil companies do not always pass along the full increase. The agreement sets the Cartel s total production at 18.5 million barrels a Day in the first six months of the year. It currently is running at 22.5 million barrels a  ministers aim is to curtail production in an Effort to reduce the glut on the Market and lift sagging prices. ,  
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