European Stars And Stripes (Newspaper) - March 15, 1989, Darmstadt, Hesse Q americans May have to Cut up these rugs Page 2 q assault gun ban barely passes California Assembly Page 5 q bitter Kasserine pass Battle recalled. Page 9 d cold blooded combat in the Snow. Daily Magazine the stars and Washington aim the Defice Irisho broadest Sci Isuru of . Trade narrowed to ii 35.3 billion last year for the since 19ki, despite deterioration a the balance on investment earnings. Inc government reported tuesday. The Commerce department said the deficit in the current account also inc balance of pay ments shrank 12.1 percent from the record imbalance ofi153.wbilliunii.-iin in. The current account is the Moil important Trade Stalis Lic because n measures nol Only Trade in merchandise but also rans i Lions in investments and other services. The Hig in pm mint last year came entirely from merchandise Trade where the deficit shrank by 21.1 percent to 51.5 Hii Litin this Rifle led a 28 percent surge in american Export sales which was enough 10 offs a 9 percent Rise in merchandise imports. However in an ominous sign for the future the nation s surplus in the investment category shrank by 76 percent last year to a slight $4.7s billion Down from is 9.76 billion in 1987. ,. Thiv dec me reflected Hie fan holding in inc United states have increased to such an Espenl thai foreign investment earnings now rival Ami. Economists said will soon surpass american investment earnings overseas. As recently As 1981. The United stairs ran surpluses in its current account because the nation s Cushion in overseas investment earnings was enough to offset perennial deficits the country ran in merchandise Trade. However in this decade americans have handed Over billions of dollars to foreigners in Exchange for imported goods. This development has transformed the United slates from the world s largest creditor nation a position now held by Japan to the world s largest debtor country. Simply put that Means that foreigners now own More in . Investments than americans and in. Overseas investments. With tuesday s report . Net debt pro Busty. Climbed above a x billion at the end of 19k8, up from from $368.2 billion Al the end of 19k7. The accounting of he . Nei Mehlor position will nol be released by he Commerce department for sever ill More months. Tuesday s report showed Hal the current in cow deficit for the october december Quarter declined by 2. Percent to $31.9 billion compared with a revised $32.6 billion deficit in he third Quarter. Discovery May return Day Early Cal e can a v Rai Haap j a pulling ures Sute Reading on a Hydrogen Lank forced astronauts to Lurn off computers and other systems to conserve Power. Tuesday and raised the Posi Jln Lily of an Early return id Earth. Mission control emphasized the trouble posed no Threaso the Niwor the Mission but could Cut the flight from five to four. Days forcing a return Fin Friday. The Crew i Robe re Wen about their sex Perit Neils As us Mil Aitch the powering Down taking pictures of damaged areas of the car Ali such ,14 the rain forests of Brazil and the. Mexican coastline. The Hydrogen Lank one of three feeds the shuttle s in our producing fuel cells. If the second failed tie i Hustle would have to come Back Nix too is Kyj Siwe because he. Space cirt would no lonm1? have any ii cd up Pierre Thio capsule communicator in 1 Lite control Center Tild Oil Overy Coin Mande i Tike a null to hit. Donn veral systems to assure. I lie Crew could x Omsk the a fours Germany after a cull Lvi in that Cost the life of the 22-Jear-Dld i fenian Wii Raan . Driving the car. Sot Story an Pigic 3. Fra spurs removal of chilean fruit Isy Letl a in Cluj l in i its supermarket chains and Snail grocers i Liste pulled grapes and Oba fruit from1 Chile off the shelves alter receiving a. Warning from he a Ami drug and the Fra in one of the largest actions of its kind issued the warning against eating the fruit on monday after traces of cyanide were found in seedless red grapes shipped from the. South american country 10 Philadelphia the cyanide was conf ruled in testing or dered after an Anonymous threat to Poison chilean fruit was tic phoned id. The . Embassy in the of Titean ii Piil of Santiago almost. Immediately grocers began destroying their qty Lam produce or. Pul Ling in into cold storage until tic cd decides it is Safe to cat. Carolina biased food tits stores inc. Is removing fruit from Chile from its 581 Stijns v in Emylu slates said Dana Clark All Chile willbe pulled today and we will follow the Decorti Recti Damn i Roin the Fra in re stocking to Ingo a spokesman for the Chain which Lias mores in Florida. Georgia Tennessee Maryland South Carolina Virginia and Delaware in Addi Tion North Carolina. Larry Kock afield Nihl manager at Harry i Market North of Seattle said 600 pounds of u j Pes and peaches had been count insect on Lacfi Page among the synness the astronauts shut Down were unnecessary and two of three tub Kite Ray Serniak 1 he shuttle Lias ii Gnu a j Hattrup com pull or Mission Gwill m Hou Tun wave until i the astronauts with a raut recording b Tjie godfather of soul who n sening i us Vear sentence in a saudi Cantina pm in Fiir charges ii Tiung Fini a Naf workers in Europe who try to skip taxes on salaries lose major court Battle we re trying to figure out How a got James Brown out or role to song that to us coals ripped. Tuesday i no Annety Hight schedule. See discovery on Back Page by Mcclain financial writer Noil appropriated fund employees fighting to at Oise , Taes on overseas income Haie last an Imp Fortain lawsuit in Federal tax coun but them in Pla Miil in the Case says he will Appeal if he can raise the necessary Legal fees. Of m sure of winning All i need is to raise $5,500," said David Matthew an Naf Ciriolo be in sch Clingen West Ger Many who has been battling the internal a Kul for iwo years out what Ion of overseas Mcdame is lava Etc. At issues whether Naf employees in Europe arc eligible to claim Whai is known i tin1 foreign earned income exclusion. The Armenue service a s no. Man Bews and More than 100 Sii porters same of whom have contributed up to to help wage his Legal Battle say yes Meinl talc. The iks is moving ahead huh fall Effort in Nuci t unpaid Tail s of Giorc. Tulcin $2 million from at least 600 other Naf employees in West Germany. A spokesman for the is in Bonn West Normany said-600 notice asking for pain want of were mailed this month and More could it on i m on the Bills Are the result of a lengthy irs. Investigation of amusing on Naf c m " see taxes on Back Page
