European Stars and Stripes (Newspaper) - December 12, 1990, Darmstadt, Hesse Page 4 the stars and Stripe first tree first lady Barbara Bush shows olt the official White House Christmas tree in the Blue room on monday. Staff members and employees contributed decorations for the 18-Root Fraser fir which was grown in Avery county . Columbus Ohio apr a hot air balloon struck a broadcast Tower near the City a downtown tuesday and crashed killing four people. The balloon crashed in a wooded area behind the studios of television station men All licensed hot air balloon pilots and a it woman Riding in the Gondola were killed police said. F radio station a ten am reported that the balloon 5 took off front Mohawk Middle school but no students is front the school were on Board. The balloon drifted. Northwest and passed Over the downtown before it crashed about two Miles West of downtown. It. Randy Thatcher of the state Highway patrol said a the balloon went into a Steep climb to Clear the broadcast a a a Tower. \ a 77 7a a a a it snagged on the top of the Antenna and fell a Thatcher said. A half the descent was fairly slow until All the air was out of the envelope. Then it fell straight Down a a very fast.�?�. A \. .7 7 John , a reporter for a ten said he was on his wednesday december 12, 1990steep Rise in blamed on Washington a the deficit in he broadest measure of foreign Trade widened sharply to $25.59 billion in the july september Quarter the worst showing since late last year the government reported tuesday. The 13,9 percent jump in the deficit was blamed on the fallout from the persian Gulf crisis which drove up the Price americans pay for imported Litand also boosted the count Rye a spending on overseas military operations. The Commerce department said the third Quarter deficit to the country a current account Trade deficit compared with a $22.4/billion deficit in the second Quarter. The latest figure marked the widest imbalance since a $2b.69 billion deficit in the october december Quarter of last year. Athe improvement in the country a Trade deficit had been the one Bright spot in a generally lacklustre . Economy. Better Export sales had provided More than half of Overall growth this year. However analysis Are now worried that a widening Trade deficit will be one More drag on an Economy Many believe is already in a recession. Icy fear that if the Gap Between . Exports and imports widens significantly it wit Worsen the severity of the recession. The current account is the country s most important Trade statistic because it measures not Only Trade m merchandise but also Trade in services and investment flows Between the big deterioration in the third Quarter came from a sharply higher merchandise deficit which climbed 28.9 percent to $29,75 billion compared with a deficit of $23.10 billion in the second Quarter. More than half of the increase in imports stemmed from higher Petroleum prices following iraqis aug. 2 invasion of Kuwait. Crisis the balance on investment earnings shifted into a surplus of $2.4 it billion reflecting improved earnings by americans on their overseas investments. This had been in deficit by $ i billion in the second Quarter. J the United states also ran a surplus in the services category of $5.82 billion in the third Quarter. This reflected a drop of 2.8 percent from the second Quarter figure of $5.98 billion. Quot payments to foreigners on services increased to $27,8 billion up 7.3 percent from the second Quarter this reflected higher travel and passenger fares paid by americans to foreign airlines and also higher direct defense spending because of the stationing of . Troops in the Middle East. The other component of the current account unilateral Transfer payments a primarily foreign Aid payments and government pension payments to americans jiving overseas a increased the deficit by $4.11 billion. The current account is the Trade statistic that is most closely watched by economists because it shows the amount of borrowing the United states must do each Quarter to finance the shortfall Between imports of goods services and investments and exports in those categories. A decade ago America was the largest creditor nation. It ran surpluses in its current account As the earnings from its overseas investments were enough to offset perennial deficits in merchandise Trade. But As americans handed Over billions of dollars to foreigners to pay for imported merchandise the investment Cushion eroded Ana disappeared altogether in 1985 when the United states became a net debtor for the first time in 71 years. That Means that foreigners now own More in . Assets than americans own overseas. Airt ground Way to work when he saw the balloon hit the Tower which is 1,069 feet tall he said the balloon appeared to fall about 900 feet. Y a i was sort of watching this balloon and i said to myself it looks awful close to the Tower but that s just my line of Sig fit a he said a but then it hit it popped and just burst into shreds. Quot it went straight Down. It was a terrible thing to by to y a 7" 7 7-t 7--. Y the balloon was owned by a restaurant bogey inn Karl Dummler owner of the restaurant was in route to the site. Eric Ingwersen who runs a hot air balloon school and was acting president of the Central Ohio balloon club usually operated the balloon and was one of the pilots killed in the crash authorities were alerted to the dash at 8 22 a m. The Federal aviation administration sent an investigator to the site. 77 �?�7. 7 a. Quot. Y a a the Green and yellow fabric of the balloon was draped Over the Edge of a Small stand of Trees adjacent to the Tower. 7 a a a a 7 4 firms win Lemon awards for ads rated As deceptive a by the new York times Philip Morris Coors brewing Burger King and Keu Logg won a Lemon awards on monday for advertising called deceptive and untruthful. The awards honouring i Lurlain i Lubbard the Pioneer of Snake Oil advertising in the 19th Century were announced at the sixth annual ceremony in Washington sponsored by the Center for4sejunce.in.ihe pub amp Etmer est. A a a -.7 a a a a a a a a a a a 7 a a the Philip Morris cos. Was named for citing the Bill of rights As part of a Campaign opposing restrictions on tobacco. The Adolph Coors co was named for using halloween a children a Holiday to promote beet or liking. The Burger King corp. Was awarded a Lemon for giving children the impression that membership in its kids club would help them make new friends. The Kellogg co. Campaign for special k Cereal implied that the product would provide enough protein to change a persons body shape. V r. The Leo Burnett co. Was the most mentioned Agency representing three of the advertisers named including Philip Morris and Kellogg. A halloween is a by adults and none of our advertising is directed at minors anyway so the award is unjustified a said Todd Appleman manager of corporate communications for Coors Quot a a we re a Leader in alcohol moderation a a. A the Center is mistaken about our Bill of rights Campaign a said Posie Disesa manager of Media relations at Iii lip Morris. A their claims Are absurd a y a Burger King absolutely stands behind Pur kids club e and its advertising said Cori Zywotow director of Media relations for Burger King. Kellogg did not return is final new York up a a a judge tuesday granted Lana Trump a divorce from Donald Trump after 10 months of scandal and squabbling but neither Side revealed How much of the real estate magnates shrunken financial Empire she would. Receive. 7ya a. A Alana 41, had accused Trump 44, of a verbal abuse arid intimidation a when she filed for divorce amid reports of his. Affair with actress Model Marla Maples. Michael Kennedy Ivanas attorney announced that the divorce for which she filed last month was granted tuesday morning. Asked for details concerning his clients divorce settlement and custody of the couples three children Kennedy replied a no further comment a. Lana a native of Czechoslovakia filed a prenuptial agreement with a the Donald a As she called him that was updated three times during their 13-year marriage. It provided her with a set the Risem of about $25 million in Case of a divorce including a Lump sum in Cash and their mansion in Greenwich Conn 7 .7. 7 but Kennedy had countered with a claim on tier behalf to one half of Trumps estate which was estimated in 1989 at $1.7 billion on the grounds that she had helped build his Fortune As manager of his Atlantic City n.j., hotel casinos and president of the Plaza hotel in new York in the past year Trumps Fortune has waned to the Point where he probably owes More to creditors than the value of his assets which have been nil by the declining real estate Market. Also involved in the complexities of the Trump divorce. Was Donald a Romance with Maples 26, 13 wanted in Ivanas original claim against Donald a tort u no a a a 7 temp admitted his a a Friendship with Maples did s10 proclaimed her love for him but the Alia in seems to have cooled in recent weeks us i Rump appeared More often with other Young models than he did with Maples
