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Publication: European Stars and Stripes Tuesday, July 9, 1991

You are currently viewing page 28 of: European Stars and Stripes Tuesday, July 9, 1991

     European Stars and Stripes (Newspaper) - July 9, 1991, Darmstadt, Hesse                                Page 2 a the stars and stripes tuesday july 9, 1991 at a glance sleep wars the stuff that can make or break a marriage. To your health. See pages 14-15. A a _____$15 billion Man Tai Kichiro Mori an 87-year-old japanese Worth about $15 billion is the worlds richest Man Forbes Magazine reports. A Page 4naacp to study Thomas the a act plans to scrutinize the nomination of judge Clarence Thomas before deciding whether to support or oppose it the group s Leader  Page 5 improving the meeting managers trying to get individuals to speak their minds Are turning to computer software to make meetings More productive and help employees Well do the right think. A Page 17inbex Abby Ann Landers. 19 action line. 16 comics. 19-21 commentary. 13 crossword. 19 letters. 12 Money  17 sports. 22-28 to listings. 22 weather. 11 on Arab Mideast Security Force Kuwait a doubts about a new a Arab Security Force for the persian Gulf have deepened with the postponement of a planned meeting among Egypt Syria and the Oil Rich Gulf states. Officials of Kuwait a information ministry said the foreign ministers of the six nation Gulf cooperation Council and those of Egypt and Syria would not meet tuesday As planned. The officials said sunday that no Nev Date had been set. They could not give a reason for the postponement. An initial agreement for the new Arab Force was announced in Damascus Syria on March 6. Military sources at the time talked about a Force led by some 100,000 egyptian and syrian soldiers. The it act soon began to crumble however apparently because of anger in Egypt and Syria Over Kuwait a preference for Western forces. Sheik Ali Al Sabah Al Salim Kuwait a defense minister told an egyptian news paper last month that Kuwait favored the presence on its soil of a Token egyptian syrian Security Force of up to 5,000 soldiers which would be reinforced in an emergency. The withdrawal of most of the egyptian and syrian troops that took part in the liberation of Kuwait has left about 5,000 egyptian and 1,000 syrian soldiers in the country. Diplomatic sources said those troops would remain and might be supplemented by others from the Gulf cooperation Council which groups Kuwait with Bahrain Qatar saudi Arabia the United Arab emirates and Oman in economic and Security agreements. The 3,700 . Soldiers stationed in the country Are scheduled to pull out sept. I but May be asked to stay longer because of kuwaiti insecurity Over iraqis ability to strike at the emirate again. The Gulf Force meeting was to coincide with the opening of Kuwait a National Council a substitute for the parliament suspended in 1986. Kuwaiti opposition groups which say the Council violates the Constitution planned a major protest rally monday night. A in Cairo foreign minister Amr Moussa of Egypt said the foreign ministers meeting was postponed until next week but did not give a new Date. He said the delay was because some ministers had other engagements. Earlier egyptian officials in Cairo said Kuwait had asked for the postponement because its ministers were a too  diplomatic sources in Kuwait said the details of financial arrangements for the Gulf Force had yet to be worked out. Kuwait a defense minister said in an interview published last week that final terms of the Security arrangement would be worked out this week. A previous Mutual defense pack among Gulf cooperation Council states proved worthless in coping with iraqis aug. 2 invasion of Kuwait. Japanese brokerage houses forced to Cut sales As penalty for scandal Tokyo apr finance minister Ryutaro Hashimoto on monday ordered Japan a four leading brokerage houses to restrict business for four Days As a penalty for Shady dealings that have rocked the financial Industry. The ministry also directed brokerages to Stop compensating wealthy customers for millions of dollars in investment losses. That practice a and financial dealings with gangsters a touched off the scandal which involves Nomura securities co., the worlds largest brokerage. At the ministry a Behest Nomura said More than 30 Nomura officials including the chairman and president would take salary cuts for up to one year. Four other Nomura executives Are to resign for dealings with gangsters. Nikko securities co. Said two of its officials resigned 18 were taking pay cuts and four were demoted. Yamaichi securities co. And Aiwase purities co., the other big brokerages also announced pay cuts. A a it a absolutely pitiful that this was going on in the Market a Hashimoto said at a news conference. But Market analysts were sceptical the punishment would be any More than an ineffective slap on the wrist for the brokerage houses. A these penalties will have no Impact whatsoever. The securities firms must be very Happy about it a said Hiroshi Oku Mura economics professor at Ryu Koku University in Kyoto. A this will do them no harm at  the disciplinary action came two weeks after the presidents of Nomura and Nikko resigned to take responsibility for the scandal. A it also came two Days before prime minister Toshiki Kaifu is to leave for a Summit with president Bush in the United states where the scandal has focused unflattering attention on japanese business practices. Kaifu said monday that he was distressed by the scandal and he did not want to see a repetition. But a foreign ministry official quoted him As adding a that kind of incident. Should not be misunderstood As a problem of Japan As a  a under the finance ministry directives the brokerages Are not permitted to solicit business from corporate clients for four Days beginning wednesday. The head offices of Nomura and Nikko also will be restrained from soliciting business during that period Hashimoto said. In addition the Tokyo Stock Exchange announced fines totalling about $116,000 for the four brokerages a tiny amount compared with their profits. Last year for example Nomura had a pretax profits of $1.74 billion. . Police study to be released today correction articles published sunday and monday in the stars and stripes incorrectly said that enjoy Tours owned the bus involved in a weekend Accident that resulted in eight people being hospitalized in Metz France. The tour company does not own any buses but rents them from private firms said . Doc Clark enjoys traffic manager. The bus involved in the Accident is owned by Lutz Reisen located near Heilbronn a the bus Driver at the wheel when the Accident occur Redus misidentified. His name is Helmut Lutz and he owns Lutz Reisen. The tour did not originate in Kaiserslautern As reported although the tour company is based there. It collected passengers from throughout Germany. Those injured in the Accident came from Heidelberg Stuttgart Augsburg Karlsruhe Ansbach Firth and Bamberg. Los Angeles up the Independent commission formed to investigate police brutality in the aftermath of the videotaped1 Rodney King beating today will release its much anticipated report on whether excessive use of Force and racism pervades the police department. A a the report three months in the making is expected to have far reaching ramifications that could affect the City for Many years to come. Police chief Daryl Gates has said he will resign if the panel finds that his leadership created an atmosphere in the department that allowed officers to believe their beating of the Black Motorist was acceptable behaviour. Mayor Tom Bradley who appointed the 10-member Independent commission on the los Angeles police department and who will not see its report until this morning has asked commission members to stay on for several months to help implement their findings. Bradley convened the commission headed by former Deputy Secretary of slate Warren Christopher less than a month after the March 3 videotaped beating of the 25-year-old King thrust the land into the National spotlight. At least six radio and television stations including Cable news network planned to Cany live an 11 . News conference by Christopher to discuss the report. City officials and civil rights leaders Are hoping the reports findings will Lead to a substantive reforms in How the department investigates citizens complaints of police misconduct. A How officers Are disciplined. A How the department relates to members of the City a minority communities a a everybody a hoping for some real changes a said Bill Lee Western regional director of the a acpt Slegal defense fund. 30,000 take final walk on mighty to Long Beach Calif. A More than 30,000 people climbed aboard the battleship Missouri on the ships final Public display before it is decommissioned. A never since i was a kid i heard about the Missouri. I had a Model of it a said visitor Carl Huddleston 40, of Burbank. A and to be walking on planks where history was made i mean Gen. Douglas Macarthur walked this deck there is just a sense of  the a mighty to a site of the japanese surrender that ended world War ii recently returned from the persian Gulf. During the Gulf War it launched Toma Hawk cruise missiles and fired about 800 rounds from its 16-Inch guns at Shore fortifications in Kuwait Petty officer Mike Perron said. The 887-foot ship was commissioned in 1944 and first decommissioned in 1955. It w As recommissioned in 1986 and is due to be retired again next year  
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