European Stars and Stripes (Newspaper) - January 1, 1991, Darmstadt, Hesse Stories of 1990 the year that was / a s a y i �?o1 a of a i if a i rec Sunb it Quot of t3 i x. O. Oul my a it a the bailout Laii Acuti e not included the Gulf crisis was the top news Story in 1990. After Iraq s invasion of Kuwait refugees fled to Jordan where they waited in Long lines for food above left. Troops from the 1st Cav div head out into the saudi arabian desert above. The state of was also big in the nip to. In july budget director Richard Darman brie fed reporters _ on the new deficit estimate below left As Treasury Secretary Nicholas Brady held his hand to his face. Soviet president Mikhail Gorbachev below who won the Nobel peace prize was frequently on the frontage. Another major Media event German unification. The country a Flag right was hoisted Over the Reich Stag building in Berlin at Midnight on oct. 3, unification Day. By Geneva Collin associated press i Raqu a invasion of Kuwait and the heart stopping a standoff that ensued in the persian Gulf was by far the top news Story of 1990, according to a poll of associated pres news editors and broadcast news directors in the United states. The Gulf crisis received 2,506 finish Well ahead of the news Story that placed second the unification of a Germany. That Story got 1,460 Points in voting by 327 american editors and hews directors. The no. 3 Story also unfolded abroad a the economic and political reforms that have racked the soviet Union. The first . Domestic Story to make the list was the continuing savings and loan debacle which finished Fourtha a a a a i _ a a. A finishing f fifth was the. Warming of relations Between the two superpowers followed by Congress difficulties with the 1991 budget americans economic downturn developments in Eastern Europe Panama president Manuel Noriega s surrender and preparations him and the the Margaret Thatcher Era in top 10 stories As rated by american editors -. -. /. A Quot a a a a 1. When Saddam Hussein a iraqi troops overran the tiny emirate of Kuwait in the pre Dawn hours of aug 2, they set in motion a dizzying sequence of dangerous events a United nations ordered embargo against Iraq a buildup. Of american and other forces in the Region the taking of foreign hostages As human Shields for iraqi military Sites and their later release. A. A by september s end the. Price of Oil reached $40 a barrel nearly double what it had been before the invasion on nov. 29 the in. Security Council voted to give Iraq until Jan. 15 to pull out of Kuwait or face a possible military strike the world is . 2. The German democratic Republic and the Federal Republic of Germany nation on oct. 3, ending a division that resulted from the cold War a. Aftermath of world War ii. �?�.,.��� a. Unification Tiad been an impossible dream just a year before a but of yet was before East German protests for a democratic freedoms at the end of 1989 brought Down the Berlin Wall since 1961, the cold War s most notorious Symbol. A. Free elections were held in East Germany in the Spring of 1990 and the communists were sent packing. The soviet Union accepted nato membership for the United Germany removing the last serious obstacle Quot 3. Soviet president Mikhail Gorbachev ambitious. Program of economic and political reforms foundered in -. 1990. Although Gorbachev won a new. Five year term As president and tightened his control Over party his nation was torn apart by ethnic unrest rebellious republics disgruntled hardliners and shortages of bread sugar., meat cigarettes and other goods. A a 4. The a amp a mess got Messier in 1990, and the Tab to. U s. Taxpayers was revised upward to $500billion Over 30 years the $2 billion failure of Charles Keatingjr s Lincoln savings and loan the biggest bailout yet came to a symbolize the. Troubles Oft hundreds of thrifts. A a. faces Federal fraud him investors on the safety of junk Bonds made Rivca Ginem a Ohio and Dennis Deconcini a. Ariz a a quote w1 a. A a Federal judge Foupht the president Neil Quilty of conflict of interest or failing Tadis close business ties with developers in As director of the failed Sily Eracio a banking savings and Loah a5. Gorbachev May have faced mount my headaches at Home but relations with the United states were Nover warmly Bush and , who a on the Nobel peace Puzo for easing International tensions met three times during the year the Fust meeting was in Washington to sign chemical weapons agreements the second was a one Dav Summit in Helsinki Finland the persian Gulf crisis a a d meeting was in pans in november for the 34-nation conference on Security and cooperation in Europe its highlight was the signing of a far teaching conventional arms control agreement by leaders of North Atlantic treaty organization countries and Warsaw pact nations a 6. After five months of son Etimos Arn Montous negotiations Congress and Bush cobbled together a 1991 budget package in october to spending cuts the $250 billion deficit production package provided for tax increases belying the pies Denis most popular pledge Quot read my lips no new taxes Quot republicans campaigning for be election Felt Helig Yed 7. Bush said the nation s Economy w7rs in a Quot serious Quot slowdown Quot Federal Reserve chairman Alan Greenspan. A used the phrase Quot meaningful downturn Quot but virtually everybody else was calling what was happening in the lard half of 1990 a recession a the statistics were mostly bad november s unemployment rate jumped to a three year High of 5.9percent single family housing starts fell to Levels unmatched since the 1981-82 recession. The october Trade deficit took leap to $11,6 billion in october the worst monthly Trade Gap in ? v years the v Dow Jones Industrial average flu Ted with 3,000 in july was some.400 Points lower a december., _ in a bid to stimulate the Economy the fed Cut its a discount rate a the interest it changes Rin Len is to member Banks a for the Fust tune since 1986 8. Soydel to pops began pulling out of Poland Czechoslovakia Hungary and East Germany after non communist governments Camelo Power in those nations l a for the first time since world War ii but economic difficulties and ethnic tensions kept under wraps during a communist Rule flared under looser regimes and threatened the fledgling democracies Quot in Poland Solidarity chairman Loch Walesa was. Elected president in a landslide Victory in december romanians clashed with hungarians in disputed areas of Romania and separatist demands threatened to i . In Albania the last bastion of stalinist Rule the government formally recognized the first. �.,. Opposition party and scheduled elections for Early 191. The same week More than 150 people were tried for anti government acts after protesters burned and ransacked buildings in four p to vices. 9. On Jan. 3, panamanian president Manuel Noriega Quot a stepped out of the Vatican Mission whore he had taken a Refuge and surrendered to u a authorities. Fie was brought to Florida and charged with accepting $4 6 million in bribes to turn. Panama into a Way station for colombian a drug traffickers. A a a a a a. Noriega had been scheduled to go to trial this january but his attorneys recently told a Federal judge they will not be ready until june. A lj1 a j a _ a a Quot. 10. Margaret Thatcher be Iron lady who ruled Britain Quot longer than anyone else this Century bowed out Ain 11 Viz years As prime main ister she1 dismantled Britain a version of socialism crushed obstructive labor unions and. A led a military Victory against Argentina in the Falkland a lblc.1 ends however her increasingly isolationist role in european policies and her deeply unpopular poll tax Cost her the support other conservative party in. November she was succeeded by her handpicked a successor . A a Page 14 a a a the stars and stripes tuesday january 1, 1991. The stars and stripes a a a Page 15
