European Stars and Stripes (Newspaper) - May 2, 1992, Darmstadt, Hesse Saturday May 2. 1992 the stars Ano stripes b Page 17 the United states is threatening to slap retaliatory tariffs on $1 Bil Koa North of eni Opean Community imports saying dec subsidies arc still crowding the . Fanner out of the world Market Rufus Yena the . Envoy at a Council meeting of the general agreement on tariffs and Trade in Geneva told journalists thursday that dec Poledes Cost american oilseed exporters about is billion in lost income every year. A statement distributed by the . Delegation said it was forced to threaten retaliation because the dec told the Decd door meeting that it was not ready to change its oilseed pro Pap. Yena said he m hoped the dispute could be resolved. But the . Statement said Washington would soon a Mph a list of dec products to which the Tariff increase would Melv. A St London rates for the . Dollar to other currencies. Figures Are expressed in dollars to the British Pound other local currencies in dollars As -1j5s Smy isms .1jb� 1j Biron in he a Isusi Imis a thus &3rs wus -13us Laws a Mars these Are commercial rates and can be related Only to the use of foreign currency by . Forces for official business. The Only official rates concerns the Sale of German maths and British pounds to . Personnel for personal use and these will be 1.62 Marks to a Dolar and $1.82 for a Pound through monday. To atm mro is Aurum an am Gnu Imp Nunu Muttai i 3 a a win m Rio it Tevus arct Wio who a re ice i my s5 trinum a us my unit so 77% no 1jm1jm my Mew Truw Era my i mum my my i mum n am Ainuu it 1jsu.mi m a a Amer exch Nae Anh Aas Gnu Tarn Iron Iron a sat is my to its Tun Una Iron win Mcdonnell Douglas hoping to get bigger Jet off ground los Angeles a Mcdonnell Douglas corp. On thursday unveiled the redesigned md-12 jumbo Jet it Hopes will reach the commercial stratosphere despite a hefty Price tag. The four engine double Decker plane will Cany 430 passengers. If successful it could expand into a new generation of 600-passenger Long haul jets a Mcdonnell Douglas spokesman said. The md-12 is about the same sue As a Boeing 747-400 hut features a 9,000-mile Range with three passes of passengers. The company could be pioneering o Market for Long haul jumbos analysts said. A some of the feedback Ive had suggests that the customers Are interested not Only in something that big but potentially larger a said Wolfgang Demuch an an Alt with us securities in new York. A if you have an air plane with Large sine and lots of Range Yon can always make it much larger and somewhat less Range. Mcdonnell Douglas officials said they Hope to Start deliveries in 1997. Riding on the new plane Are the St Louis company a Hopes of competing with Industry Leader Boeing and Airbus industries the Paris based consortium that is subsidized by several european governments. But the future is anything but cloudless. The company can t pay for the $4 billion development costs by itself. Its efforts to raise funds by a Dong taiwanese investors a slake in the company have run ii in Griff anti Rifle yet the Douglas aircraft col s design seems to imply that the world s airlines Are ready for a new generation of planer. Just As Boeing s 747 upped the Ante 20 Yean ago from the Standard dg8s and Boeing 707s carrying 130 passengers. A now they want to leapfrog the 747, which of course that will come out with an air plane that flies 1,000 people around next time a said John m. Simon an aerospace analyst with the or the md-12 Sei Ducr a dec investment House in lbs Angeles. Dean sch called the new md-12 a a Rha Gragg launch any Way Yon slice it because the current economic a female is not a that a so getting the kind of Money to get some big the this off the ground is not easy a he said. A but looking As for ahead As 1997 or 1998, Yon have to make some kind of a leap of Foith under any Riv cum Mcdonnell Douglas has been negotiating the Sale off a 40 percent stake in its Mimir trial Jet business to the Taiwan actor once corp a concern partial owned by the tar wants government. However officials in Taiwan said additional evaluations must be made before making what is regarded As a risky investment suggesting that they would want better terms before putting up Cash. A we surely Vii not Purchase the 40 percent stake at $2 Bohon Quot Taiwan aerospace chairman Earle to said. To added that his company was considering a smaller investment in Mcdonnell s fare Structure May Hurt competitors new York apr the new fore Structure established by american airlines inc., viewed As potentially devastating for the nation s sickest carriers May already be taking a toll. Continental airlines inc., which has been in bankruptcy court for More than a year acknowledged thursday that the new fares might complicate its chapter 11 reorganization. A the fore wars could cause a delay in our emergence from bankruptcy but we Don t plan on it a Continental spokesman Dave Messing said from the airline s Headquarters in Houston. A we re going to do some things that allow Continental to take advantage of the new existing fore Structure. In a not going to tip the hand at this american the mdmtiy1 most powerful player recently introduced a radically different Price a system that lowered first class and Fol coach Fores while sharply limiting the number of a?______--? american the move would be economically painful for the airline in the Short run As higher priced tickets Are reduced. Some analysts contended the changes would be particularly hard on troubled airlines. American chairman Robert l. Crandall who has repeatedly said he government should rescind the on Eraima License of carriers flying in bankruptcy vehemently dried this was his goal a your motive Here is not to drive anybody out of business Quot american spokesman John Hotard said thursday. A a it us it keep american in Hotard defined to discuss any Impact on spending reaches 15-month High Favron the reports Washington a construct Ian spending Rose i of percent in March to its highest level in 15 months the Commerce department said Friday. Construction spending recorded gains in All categories a residential Aoa res Aleatia and government. It Rose to a seasonally adjusted rate of >419.9 billion in March. The rate represented a 1.6 percent gain Over february spending which was revised upward to $4133 billion. Construction spending was up a revised 0.9 percent in february and 2.2 percent in january. It fell 1.2 percent in reports loss Highland Park. Mich. Chrysler corp. Reported a $13 Mihina first Quarter docs blaming higher than Antic Jated costs for new vehicle introductions and the Auto Industry s slow recovery from recession. Chrysler s results thursday contrasted with those of Ford motor co. And general motors corp., which reported earlier this week that they earned a combined $517 million in the Quarter the first profit for either automaker since 1990
