European Stars and Stripes (Newspaper) - January 13, 1992, Darmstadt, Hesse Monday january 13, 1992 the stars and stripes b Page 17today s tip customers who pay their German Telephone Bills at German Ost offices Are now being charged Marks per Bill. The fee which took effect Jan. 1, came As a result of a reorganization within the German Telephone company a German Telephone company official said. Customers who pay their phone Bills through automatic deductions from their Bank accounts Are not charged by the phone company for the rates London up fridays 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 $358 an ounce Silver at $4.115. Jan. 9 Jan. 10 British Pound .1.8360 1.7962 German mark.1.5405 1.5730 French franc5.2150 5.3315 dutch guilder.1.7170 1.7526 belgian franc31.58 31.35 italian lira1,154.10 1,182.85 Swiss franc.1.3683 1.4010 greek drachma175.90 179.50 turkish lira5,149.90 5,224.90 saudi arabian rlyal3.7493 3.7493 Spanish peseta96.17 99.15 portuguese escudo132.72 135.65 Canadian dollar1.4687 1.1522 austrian schilling.10.7175 10.95 norwegian krone.6.0050 6.122 danish krone.5.9250 6.04 these Are commercial rates and can be related Only to the use of foreign currency by . Forces for official business. The Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.52 through monday based on fridays noontime to buy hardware for Patriot system by the los Angeles times Washington the Bush administration recently cleared the Way for Taiwan to buy the components of Patriot missiles from the United states to upgrade its air defences against China according to Pentagon and defense Industry officials. While the action was not publicly announced a spokesman for the Raythelon corp. Acknowledged that the Bush administration on dec. 9 awarded an Export License to the . Firm. The License authorizes the Export of Patriot missile hardware a the guidance sys Tern radar and command and control equipment a for Taiwan a new modified air defense system. The Pentagon had quietly approved the general concept of the Sale during annual military talks with Taiwan defense officials last August. The . Action is aimed at easing Taiwan a fears about a possible Surprise attack from China. Taiwan had asked for permission to buy completed Patriot missiles but the administration rejected this idea. The United states continues to Honor a 1982 statement with China in which the Reagan administration pledged to hold . Arms sales to Taiwan at a level no higher than $800 million a year and to reduce these sales Over the Long term. U.s., not Japan to blame for Trade deficit Leader says by Michael Ross the los Angeles times Washington after making new Trade concessions to the United states japanese prime minister Kiichi Miyazawa said saturday that the latest agreements represent the limit of what his country can do to even out its huge Trade imbalance with the United states. The statement came As the Bush administration and its democratic critics continued to argue Over the outcome of president Bush strip to Japan. Bush contends that the new import concessions made the trip a Success his critics say the agreements do not go far enough. Miyazawa in a taped interview aired saturday on in no a news program Evans and Novak acknowledged that Japan a $41 billion Trade surplus is a major source of friction with Washington. He said the latest agreements should answer a some of the criticism voiced by . Executives who attribute most of the imbalance to japanese Trade barriers. Asked if Japan could do More to open its markets to american products Miyazawa seemed to give a cautious albeit indirect negative response. A the United states and Japan have been discussing this Trade problem for Over 10 years in the past and we have made great headway. So i really done to think after this very lengthy almost exhaustive study there is much we can do or they want us to do a Miyazawa said. However he also suggested that much of the Trade surplus reflects a structural imbalance caused by . Dependence on japanese products that America no longer produces itself. The imbalance Miyazawa added results less from restrictions on foreign Access to japanese markets which Are a not As closed As most americans like to think a than from the Export of japanese a capital goods and materials that. The United states is not producing anymore and that arc indispensable in your attempting to defend the outcome of Bush a visit against widespread criticism that it produced few economic gains both the japanese and american sides referred to a pledge by japanese car makers to Purchase an additional $10 billion in .-made automobile parts Over the next five years. Administration officials assert that the agreement could Lead to the creation of 1991 unemployment . Breakdown for the year of 1991 adult men adult women 5.7%black White a a a a a a 6.0%hispanic managerial professional technical sales clerical precision production Craft repaid less skilled operators fabricators labourers a 44.sssvsssssss?As?.si.ssssss�.v4.s.st.sv.t.farming, amp fishing ghz or Hub service occupations source . Kept. Of labor 12.4% 9.9% 1 0.5�c As Many As 200,000 More jobs in the United states. But Chrysler corp. Chairman Lee a. Iacocca and other Auto Industry executives who accompanied Bush to Tokyo have bitterly criticized the japanese concessions As insufficient to reshape the Trade imbalance or Case the recession. In what appeared to be a gentle dig at Detroit Miyazawa also said that he Wasny to sure Why japanese Consumers done to like american cars but thought it might be because they Are a fall Loo Large or because they Are always Quot in need of . Auto executives reject such criticism. They say that the major reason car sales account for the largest part of the . Trade deficit with Japan is protectionist restrictions designed to ensure that foreign made cars cannot be sold for competitive prices in Japan. A my jeep Cherokee costs $12,000 More in Japan than it does Here because. There a a Maze of red tape not designed to protect the japanese consumer but to keep us out a Iacocca said in a Detroit speech Friday after his return from a we. J. Castello Japan. Hammering away at that theme saturday sen. Donald w. Riegle jr., d-mich., accused Japan of a predatory Trade targeting that has a taken $460 billion Worth of wealth Quot out of the United states Over the last decade. In a testy Exchange with . Trade representative Carla Anderson Hills on another can news program news maker saturday Riegle said that the japanese pledge to buy More . Auto parts is not a firm agreement and that a on the Trade Side and on the Job Side Quot Bush s Asia trip was a really a Hills countered that too much attention is being focused on the automotive Side of the talks and not enough on the a measurable successes that Bush achieved in negotiating smaller open up Japan s co nut paper industries to . Agreements to or Glass and Pape products. Bush a aim was to highlight a the concerns we have with opening markets a she said. A the president did not go begging for Market share but rather for open ii us ilium a get tvs Iii i Tuv uni la Awty uni id Lull Yalu Iii a in boo ii Molali Nii Tiv but i it agreement could Lead to the creation of troit speech Friday after his return from open firm owner squeezed by hard Tim a up Quot faces agonizing decision on Layo by Christopher Sullivan stalls and maintains commercial two Way As Long As i the associated press radios for construction come antics. Utile Ami Ilire he and i by Christopher Sullivan the associated press Atlanta a later this month at least four people who have worked hard and been Loyal to one Small company will lose their jobs. A who is it a everyone whispers and their Boss says answering that question has been harder on him than any decision he has made in 20 years in business. The four Are secretaries and technicians whose faces and families he knows it is a company of Only 29 employees. Because the decision is pending he spoke Only on condition that he remain Anonymous. The Atlanta based company which in stalls and maintains commercial two Way radios for construction companies utilities and police has seen its business fall off dramatically in the last six months. He said he has never had to Lay off workers before and has held off implementing the decision. The company has tried to buy time by putting off the Purchase of new testing equipment and running vehicles Well past their usual replacement time. A a in be been seeing the need to Sie Down for some time but in be been looking for some change in the Economy some Light at the end of the Tunnel. I done to see it. If i wait any longer my financial situation gets serious. In be delayed it As Long As i and yet after he and his partner agreed on a firm decision a at least four layoffs a m late december they put it off again. Quot i see letting people of at Christmas a the executive said. A it would have been done before if it had t been for the time of seniority personality and other factors will go into the decisions he said he will announce this week. There will be More meetings with his general manager More lost sleep. Still the executive said Quot you be got to Lay off a few to save the majority. This business has a lot of people to
