European Stars and Stripes (Newspaper) - August 20, 1990, Darmstadt, Hesse Pa9q 2 a the stars and stripes monday August 20,1990federal workers May face furloughs by Chuck Vinch Washington Bureau Washington a Federal employ Ces May be temporarily Laid off next fiscal year if Congress and the Bush administration done to agree on a budget in time to avoid automatic spending cuts. Federal agencies have been notified by the office of personnel management that they should begin drafting plans to inform the 2.4 million government pm ploy is about the possibility of furloughs of up to 22 workdays during the fiscal year that starts oct. 1. A an automatic $ 100 billion spending Cut known As a a sequester a will take effect oct. 15 unless president Bush and Congress agree on a budget that meets the spending mandates of the Gramm Rud Man Hollings deficit reduction act. For now though officials Are cautioning Thal furloughs have not been ordered and resort Dod says that budget concerns within each Agency will determine whether they occur. A a we re not ordering or even encouraging furloughs a said Sharon Wells a spokeswoman for the office of personnel management. A a we re just telling Federal agencies that they need to Start planning for furloughs if they should become within the defense department each service and Agency will make its own decision based on specific plans and spending targets a Pentagon official said. A a that a going to differ from Cine Compo Nunt to another a he said. A it depends on their particular budget accounts and the extent to which civilian payroll is a part of those accounts if furloughs Are used their length and timing will also other measures such As cutting travel and training and freezing promotions and hiring would be adopted before Lay offs occur. A furloughs Are a last resort a he said. The defense department components must submit plans to Pentagon comptroller Sean of Keefe by aug. 22, he said. The american federation of government employees which represents 700,000 Federal workers quickly issued a stinging rebuke of the administrations notice on possible layoffs. A it should never have come to this a age president John Sturdivant said in a statement issued thursday. A the White House and Congress have abdicated their responsibility with reckless tax cuts trite Campaign promises and their refusal to make the Tough decisions to bring the deficit under control a Sturdivant said. A for Many people a budget Summit Means Little but for Federal workers its like looking Down the barrel of a Shotgun a he said. A a it a up to Congress and the administration to remove this months of negotiations Between Bush and Congress have failed to produce a deficit reduction package that satisfies the Gramm Rudman Hollings Law. The administration has told most Federal agencies to plan on spending cuts of 31.9 percent if no agreement is reached. For the defense department the cuts would Range from 21.2 percent to 34.9, percent depending on whether Bush decides to exempt military personnel from the Overall cuts which the White House indicated he will do. Bush chose not to exempt military personnel from a partial spending reduction earlier this fiscal year. He later became embroiled in a bitter dispute with lawmakers when he asked for a Large Supply mental personnel appropriation to cover budget shortfalls. By Dave Ideiil . Bureau London a As the tension in the Gulf crisis heats up so docs the activity on the Oil markets. Each Day at 3 . At the International Petroleum Exchange Europe a biggest Oil futures Market the number and volume of frantic shouts ringing across the trading floor grows. Well dressed Young men with instructions from brokers race in and out of the fray on the trading floor their shouted bids and offers adding cacophony to what might otherwise have been merely mayhem. The hyperactivity of the Exchange As Well As the worlds other big Oil markets is directly related to the volatility in the worlds biggest Oil producing Region according to spokeswoman Stella Fitzgerald. On aug. 3, the Day after Iraq invaded Kuwait the 10-Ycar-old i be traded record amounts of Brent crude Oil futures contracts at near record prices. The ipe trades futures contracts on about 20,000 1,000-Barrcl lots of Brent crude or North sea Oil on an average Day. When the Gulf crisis flared two weeks ago with Saddam Hussein s takeover of Kuwait speculators hit the Market hard. Ipe traded at about three times its Normal volume and crude Oil soared from about $ 19 to $28 a barrel. The ipe futures Market deals mostly in Oil that paces rising crisis Hasni to conic out of the ground according to Chris Cook ipe s Man in charge of fair trading. The idea behind the marketplace is to help Oil companies refi a cries and big Oil users hedge against huge Price fluctuations according to Cook. Oil contracts Are bought at an estimated Price that the Oil is Likely to sell for when pumped out of the ground. Those prices soared when Saddam a army marched into Kuwait. Traders feared that the big Oil producing nations a Kuwait saudi Arabia and Iraq a might produce less if a War erupted. The trading floor one of four commodities dealing rooms in the London Fox building in St. Katherine a Dock area got hectic. Millions of barrels of Oil Worth millions of dollars were traded in a Short period of time. So much for traditional British Reserve at times like that a it the trading is not done with any sort of politeness a Fitzgerald said. A you can have 50 to 100 people at once screaming and sometimes tempers flare she said and there is a fair amount of shoving and pushing to get a Good position in the pit. A number one you want to get to the front a Fitzgerald said. A number two you want to be none of the traders has Ever come to blows however and rarely docs the Zeal continue off the floor. Gordon Watson a consultant with a Kamikow futures said his traders must ignore the ruckus of the ipe pit and stay on the Ball. A fall of them have got to be Able to hold numbers and orders in their head a he said. On most Days handle hundreds of transactions a Day. A while they re executing one tirade they be got to have four or five in their head. Physically its demanding. They must be Quick and aggressive and last week though ipe trading remained relatively quiet As the standoff Between Iraq and the United states failed to erupt in violence in the Middle East. Usually noise is the essence of the traders business said Cook who monitors All deals via video camera during the trading Day. The monitoring is to make sure that no secret deals take place Between traders meaning clients would lose out. A open outcry is the Way the trading has to be done so everyone on the floor has at least the Opportunity to hear a bid or a Price a Cook said. Although All the turmoil in both the Gulf and the trading floor is making Cooke a Job busier its a Boon for his company which makes about $1.30 out of every transaction on the floor. A we never expected in our wildest dreams that wed be trading at this volume a Cook updates100 Romania parties Bucharest Romania apr the free Republican party on Friday became the 100th political party to formally Register after the december revolution that toppled romanians four decade communist dictatorship. The state rom pres news Agency said that 20 parties have been registered since the May 20 elections which were overwhelmingly won by the National salvation front l he front has controlled the government since the revolution. Some 76 political groups part it a Ted in the elections including 14 blocs of More than one party or group Finde Pendelus Only nine however won representation in the two House parliament with the front winning about three quarters of the scats.2nd railway bombing a Vila Spain apr a bomb blamed on Basque separatists exploded Friday on a descried rail line near this City cast of Madrid causing slight damage to the track but no. Injuries an Interior ministry spokesman said. It was the second explosion tin a railway line since the Basque separatist group Eta threatened Tufuee of spam s major railways monday. Mom exonerated of abuse Hopes time helps heal family a wounds by John Millar Wurzburg Bureau bad k1ss1ngen, West Germany a an army wife who was wrongly accused of child abuse by the military said she remains embittered by the 2-month Battle to regain custody of her son. Quot what they be done to me emotionally physically and financially not to mention the irreversible damage they be done to my son a its pretty bad Quot Karen Tkv Parciany said. Kwanei any a son Matthew Hebert was taken from her on april 18 by order o a West German court in bad Kissinger. He was placed in a Foster Home in nearby Schweinfurt. The boy was returned Home on june i. There were no charges tiled against Kwarciany but her son remained under the guardianship of a military social worker for an additional four weeks. On june 2lb a higher court in Schwein Tuit reversed the decision sit the bad Kissinger court noting that the decision to place the boy in Foster care had been based solely on reports made in an employee of the american social services office. Neither the boy nor his Mother had been Given a Chance to Tell their Story the court ruled. Kwarciany was officially notified of the courts decision on june 29. Army officials had no comment on the courts ruling. . Military officials in Schweinfurt said in april that they were serving the child a Best interests by removing the boy from the Home. The action was prompted Matthews claims which he later retracted that his Mother had abused him. The boy also arrived at school one Day with a scratch on his Cheek and swollen lip. Kwarciany the wife of an 11th army Cav regt Soldier sgt. Terry Kwarciany said All along that her songs injuries were an Accident and that investigators and social workers would not listen to her Side of the Story. She also offered a documented history of her songs emotional problems including a statement from a psychologist Thal described Matthew As having trouble distinguishing fact from fantasy. _ at a recent meeting with Schwein Turl s social w Ork services Kwarciany said one social worker told her Quot we re sorry we should have listened to 1 thought it s a Little too late now the damage is already done a Kwarciany said. Quot How arc you going to fix the damage a shortly after she regained custody of Matthew Kwarciany sent him to live with his natural father in Pasadena Texas. She expects to be reunited with Matthew when her husband is reassigned to the United states in june. During phone conversations Matthew said he wants to return to West Germany Kwarciany said. A but i done to have the heart to bring him Back Here and put him through another year of that. It tears me up knowing in a going to lose a year of my life with my son. But Lent doing what a Best for him. Quot washing everything would go Back to the Way it was before would be a fantasy. It will never go Back to the Way it was before. Too much has Only time and kid gloves will help she said. A my family a wounds Are jagged. Somehow in be got to make them into straight lines so they can heal above All Quot i would like to be left alone so that i can nurse the wounds and not have the fear that my children Are going to be taken away Quot Kwarciany said. Quot i want that fear gone
