European Stars and Stripes (Newspaper) - May 5, 1990, Darmstadt, Hesse                                Saturday May 5, 1990 the stars and stripes a a a Page 9 Oil pact oked open foresees Price increases a hot time in Paris sunny skies and temperatures that take a midday break and bask on a soared to 81 degrees on thursday in Lawn at a Busy intersection near the tired parisians and tourists alike to Eiffel Tower. Bolivian Farmers destroying coca plants la Paz Bolivia apr the destruction by bolivian Farmers of Large areas of coca plants in april shows signs of a rapidly growing desire to abandon the cultivation of the Plant the . Embassy said Friday. Coca leaves grown on Bushes Are harvested four times a year. They Are dried and macerated with kerosene in plastic covered pits to become paste. After further processing in labs in the bolivian lowlands and in Colombia and Brazil the paste is transformed into cocaine. In april coca Leaf Farmers destroyed 2,700 acres of coca plants bringing the total since dec. 1 to 9,900 acres. That represents Over a tenth of the 95,000 acres of land devoted to coca cultivation the . Government says. The april figures Are the highest Ever in Bolivia. A we continue to be very pleased with voluntary eradication programs and the commitment which the bolivian government continues to demonstrate a the statement by the . Embassy press office in la Paz said. Farmers Are lining up in front of government offices to sign up for the coca reduction program and tens of thousands of Farmers have left the Capare coca Leaf producing Region in recent months in response to a Sharp drop in coca Leaf prices. Farmers receive $2,000 from the bolivian government for every 2.5 acres destroyed. The bolivian government says that it is having trouble making the payments because of the country a difficult economic situation. Treasury officials indicate that funding of educational health and other government programs is being delayed because of payments made to coca Leaf Farmers. The voluntary coca eradication program took off late last year in response to a Sharp drop in coca Leaf prices brought about by the colombian anti drug crackdown and increased interdiction activities in Bolivia. The anti drug crackdown has disrupted cocaine production and resulted in a glut of coca leaves. A 100-Pound sack of coca Sells for around $10 while the Cost of production is estimated at $30. A similar weight of Leaf sold for $200 to $300 five years ago. The voluntary coca eradication program is taking place in the Capare a Lush tropical Region in the heart of Bolivia that produces nearly a third of the worlds coca leaves. At least 300,000 Farmers depend on coca Leaf cultivation and cocaine production for their Liveli Geneva up a open ministers said thursday it will take from six to eight weeks for Oil prices to Rise following their agreement to Cut production by some 1.5 million barrels a Day until the end of july. The ministers reacting to the initial Market scepticism that led to a Price decline thursday rather than the hoped for increase said that once the effect of the cuts is Felt the Price of Oil should Start to Rise. A if there is a real reduction in production of a million barrels a Day prices will Rise in six to eight weeks a indonesian minister of mines and Energy Ginand Jar Kartasasmita said. A i think its a Good agreement. Its More than we had hoped for a he added. The iranian Oil minister Gholamreza Aghazade admitted that Oil prices declined sharply on news of the agreement but he said traders were simply waiting for the cuts to take place. A any further fall in the Market Price and any instability is undesirable not Only from the Point of View of open members but also from non open producers and it is also against the interests of the consumer countries Quot he said. Dubai Light crude fell 17 cents to $14.56 a barrel on thursday in new York while on the european Market North sea Brent lost 16 cents to $16.19 a barrel. A it is a very Good agreement. Give the Market some time to observe its effects a iraqi Oil minister Issam Abdul Raheem when asked to comment on the thursday Price declines. Independent analysts attending the two Day emergency open meeting that ended wednesday agreed that Oil prices will Rise once the Market becomes convinced that the Cartel was serious this time about cutting production. Hood. Robert Gelbard the . Ambassador to Bolivia said that a the fact that the voluntary eradication program has begun to show significant Progress proves that interdiction eradication and alternative development programs Are three interdependent parts of an integrated strategy and must be pursued simultaneously and with equal  the country a 9-month-old government has made alternative development the Cornerstone of its anti drug polices. Bolivian president Jaime Paz Zamora is scheduled to meet with president Bush in Washington next week to discuss . And bolivian cooperation to combat cocaine trafficking out of Bolivia. At least $300 million enters the bolivian Economy from cocaine trafficking. The bolivian government says the country must be developed As a whole to be Able to wean Farmers away from coca cultivation. Bolivia with a population of 7.1 million is the poorest country and the largest recipient of . Aid in South America. The . Government is expected to provide at least $60 million this year for military and police assistance to combat cocaine trafficking in Bolivia. Widespread cheating in the past especially by the United Arab emirates saudi Arabia and Kuwait has Hurt Opecz a credibility the analysts added. The organization of Petroleum exporting countries said it estimated april Oil production at 23.5 million barrels a Day and agreed to reduce daily output by 1.445 million barrels a Day to 22.05 million barrels slightly below the official ceiling for the first half of the year that was set last november. Opecz a reference Price based on a Basket of seven crude oils was set at $18 a barrel for the first half of the current year but overproduction by member countries has caused a 25 percent plunge in prices since the Start of the year. The Price of a barrel fell As Low As $14.70 recently and is now at about $ 15.50. Paper says Hussein yacht fired upon Jerusalem apr an israeli Navy boat fired at the yacht of Jordan a King Hussein As the Monarch was standing on deck an israeli newspaper reported Friday. A military spokesman confirmed that a Navy vessel was carrying out a a routine weapons Check in the Vicinity of Hussein a yacht but said no shots were fired directly at it. Spokesmen for prime minister Yitzhak Shamir and the defense ministry could not be reached for comment. The Liberal daily Haartz said the incident occurred last saturday in the Gulf of Aqaba. The were no reports of damage or injuries. Jordan protested sharply to Israel and the United slates. Israeli officials refused to apologize but assured Jordan it would not happen again the newspaper said. President Bush and Secretary of slate James a. Baker Iii expressed anger when informed about the incident the newspaper said. Haartz said Hussein a yacht was sailing in International Waters accompanied by a jordanian Navy vessel when the israeli patrol boat opened fire. A nobody could have had any doubt that the King was on the boat a the newspaper quoted one of the sources As saying. A the was standing on the deck and it was possible to identify him easily a after the first shots were fired the King took Over command of the yacht and ordered the vessel to turn around and head toward saudi arabian Waters the report said. The israeli vessel accelerated and continued to fire As it followed the Kings yacht the report said. Only when the Royal yacht reached saudi Waters did the israeli patrol boat hold its fire the report added. It said neither the Kings bodyguards nor the jordanian Navy vessel accompanying the yacht returned fire during the Chase