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Publication: European Stars and Stripes Tuesday, August 6, 1991

You are currently viewing page 16 of: European Stars and Stripes Tuesday, August 6, 1991

     European Stars and Stripes (Newspaper) - August 6, 1991, Darmstadt, Hesse                                Tuesday August 6, 1991 the stars and stripes Page 17 a Quot \ a a a a x today s tip us air has announced it will begin daily non Stop service Between Charlotte n.c., and Frankfurt Germany on nov. 1. The airline said it would offer introductory fares As Low As $298 for a round trip ticket Between nov. 1 and dec. 15. A a we re putting our Money where our Mouth is a said a company spokesman estimating the Cost of operating the flights at $40 million a year. The airline will use Boeing 767s that can carry 210 passengers and 20,000 pounds of cargo. A we expect this to be a permanent addition to our Charlotte service a the spokesman said. Conversion rates London up a mondays rates for the . Dollar to other currencies. Figures Are expressed in dollars to the British Pound other local currencies in dollars Gold was quoted at $356.20 an ounce Silver at $3.94. Aug. 2 aug. 5 British Pound �?z.1-688 1.7095 German mark.1.741 u122 French franc6.004 5.900 dutch guilder.1.9882 1.9565 belgian franc 36.25 33.75 italian lira1.320-10 �?1586.25 Swiss franc. 1 -5185 1.4985 greek drachma. Turkish lira4,442 60 4,411.90 saudi arabian riyal3.7504 37504 Spanish peseta110.35 108.69 portuguese escudo 151.17 148.83 Canadian Dollar-1 -1503 i list austrian schilling.12.408 12.2030 norwegian krone.6.8825 6.7830 danish krone.6.8275 6,7175. These Are unofficial rates As reported by wire service and banking sources and they Are listed to give some idea of daily currency fluctuations. The Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.69 tuesday based on mondays noontime Price fixing. Dow Jones new York up Dow Jones closing Range of averages monday 30 industrials 20 transports 15 utilities 65 stocks High 3019.68 1226.73 203.18 1077.24 Low 2978.76 1211.21 201.18 1063.48 Closa 2989.04 1217.74 202.43 1068.16 change �?17.22 -5.46 -0.35 -5.28 plan extends Label deadline for fruit juices Washington a Consumers will Likely have to wait until mid-1993 Tod earn exactly How much real fruit juice is in that drink they Pluck off supermarket shelves. Congress has sent president Bush legislation that would extend the deadline for the labels from november to May 1993. The Law is designed to Stop the practice of passing off a product that is mostly sugar water As juice. Sen. Howard m. Metzenbaum a Ohio and rep. Henry a. Wax Man d-calif., pushed for the Extension after food companies convinced them that putting the actual percentage of real fruit juice on Container labels was More complicated than lawmakers had thought. When Congress passed the nutrition Labelling and education act of 1990, it gave manufacturers of most foods three years to comply. But juice seemed simple and producers were Given one year. The new legislation amends the Law by extending to juice manufacturers the same deadline the original Law gave everyone else. Acting now can help soldiers facing transitions army says by Crystal Laureano staff writer Schwet Zingen. Germany soldiers who avoid talking to their re enlistment or transition Counselor in the Rush to Check out from their european duty stations May be giving up the Chance to shape their futures say senior usar eur retention and transition officials. A they Are just not going to get everything they be got coming to them a said sgt. Maj. Tom Riggs of the . Army Europe retention Branch. B soldiers who want to re enlist face being placed Only where the army needs them if they wait until they reach Transfer Points at forts Dix n.j., or Jackson . Those who want to join a National guard or Reserve unit could find their Choice of units limited Riggs said. A they could be reclassified into a shortage military skill they could be assigned to another overseas command they could even be sent Back to Germany a if that a the Only place the army needs them a he said of those who want to re enlist. Similarly soldiers who wait until after their discharge to make a National guard or Reserve commitment could wait up to a year to retrieve their records and then move into a unit said sgt. Maj. Donald Wall Usa eur Reserve component transition program manager. Records of a soldiers previous military history Are necessary to verify training and to retain rank and years of service. A meanwhile they re losing time Points and Money a Wall said., transition officials Are trying now to track Down about 160 Usa eur soldiers who enlisted in the army a College fund plus program to help them move to the Reserve or guard unit of their Choice. The program provides education incentives for a two year Active commitment then a two year Reserve component commitment followed by four years in the inactive Reserve a a we be got a list of the people we done to know where they All Are right now a because of the Many personnel transfers within Usa eur units during Gulf deployments Wall said. Getting assigned to a Reserve component unit in an area the Soldier prefers could be difficult if he or she Waits too Long to talk to a transition no he said. A special program for military intelligence soldiers leaving the army also takes time to arrange Wall said. The program called Molste or military intelligence special training element allows soldiers with military intelligence Job skills to be assigned to a unit in Virginia and live anywhere in the . The unit pays for transportation to and from meetings. A a it a not something that can be arranged at forts Dix or Jackson in four hours a Wall said referring to the time allotted to talk with  during final out processing. A we need to see those people  Transfer freezes implemented during the persian Gulf War and turmoil caused by reductions of conventional forces in Europe and budget driven draw Downs have created a surge of soldiers who Are leaving Europe and military service on Short notice. A a lot of soldiers have really really busted their backs Over the last six months to a year a said Riggs of the Usa eur retention Branch. A have of had any time off Haven to had a number of things and they feel like if they can just get away from Here then they can sit Down catch their breath and make some decisions about what they want to do with their future. A they need to be talking to somebody Here about slowing that train Down and getting their options Here a he said. Another problem caused by deployments from Europe this year was the cancellation of assignments or schools for which More than 10,000 Usa eur soldiers re enlisted before the Gulf crisis. Now that the halt on personnel movements has been lifted moves for about 85 percent of the 10,000 have been rescheduled Riggs said. Soldiers should see their commanders if they still done to know when the army will fulfil promises it made for schooling or assignment choices when they re enlisted. A the commander then needs to go rattle the brigade career Counselor and right on up the line until it hits this office and Well make something happen a Riggs said. Riggs said the number of re enlist mints within Usa eur is a on track As far As quotas arc concerned and the Quality of soldiers remains High. But the Gulf crisis interfered with Many soldiers efforts to enhance their careers through schooling by taking military skills tests facing promotion boards and other traditional Means. Although a Soldier could re enlist under the circumstances Riggs said a the Hasni to done those things to make himself look Good on  a what in a concerned about is that. Either hell forget about himself or a commander will forget about him and later in life. He wont be As competitive and he might get put but a Riggs said. Soldiers who missed career enhancing opportunities during the War need to concentrate now on those areas Riggs urged. A when that re enlistment no or commander comes in and asks you to re enlist they re making a commitment a i mean just like a marriage a promising to love Honor and cherish forever and Ever amen. And they be just got to do  fewer Usa eur soldiers Are going _ directly from Active duty to Reserve or guard units. Usa eur had met Only about 62 percent of its fiscal year goal As of the beginning of August Wall said. Most soldiers done to know the benefits of Reserve component service he added. A we done to have a Volunteer army. We have a recruited army a said master sgt. Daniel woo senior Reserve component operations non commissioned officer. A these people have been sold on the idea that what we have to offer will meet their needs. A the problem is getting the information in front of these soldiers so that they can make an intelligent  Federal indictments due soon in Bocci Case Thornburgh says Washington apr attorney general Dick Thornburgh says Federal indictments Are coming soon probably starting in a month or six weeks against the scandal scarred Bank of credit and Commerce International. Regulators in eight countries including Britain and the United states began seizing by Cir a assets last month. A state grand july in new York indicted the Bank last week on fraud and bribery charges. Grand jury investigations also Are under Way in Atlanta Miami Tampa Fla. And Washington. Thornburgh appearing on lbs tvs face the nation program sunday said the investigations concern Money laundering and violations of Federal banking Thornburgh regulations. He declined to go into detail. A i expect we will reach indictments very soon a he said. �?o1 expect in the next month or six weeks we will have the first.�?�. Thornburgh declined to say whether any Federal officials Are under investigation but he added a if there Are allegations of wrongdoing by Public officials they will be prosecuted  he said nothing had come to his attention indicating any illegal activity by the Central intelligence Agency in connection with the Bank. A Thornburgh said he was a a Little provoked by criticism that the Justice department was slow to follow up on the Case. A we done to Deal in sound  have to present evidence in court a he said. A any charge that we tried to impede anybody a investigation is categorically  William von Raab who served As customs service commissioner in the Reagan administration said on in no a news maker sunday that both the Justice and the Treasury departments a should have done More than they  he said no customs agents had said a they thought anyone was actively discouraging them from investigation Only that nobody was encouraging them and they got a feeling this was not going to help their  in san Francisco a former official of ban America corp., said the California Bank pulled out of Bocci a decade before scandal hit because a their style was different than  Alvin b. Rice told the san francisco0 examiner in an interview published sunday that ban America put up a Quarter of by Cir a starting capital in 1972. However it sold its interest in stages Between 1978 and 1980 after a series of critical memorandums from Rice then a ban America vice chairman in London. A they did no to have a tendency to leave Strong audit trails they did no to document loan transactions and when issuing Loans they took into consideration a persons position in the Community rather than their financial strength Quot Rice said  
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