European Stars and Stripes (Newspaper) - June 6, 1992, Darmstadt, Hesse Vol. 51, no. 50 35$ saturday june 6,1992 c d 8693 european nations agree to conventional arms Cut by Rosemary Sawyer Brussels Bureau Oslo Norway a foreign ministers representing nato and its erstwhile enemies signed a document Friday Clearing the Way for an arms reduction treaty considered the Cornerstone for Europe a new Security Structure. Twenty nine countries agreed to drastically reduce the Levels of tanks artillery and other conventional weapons in Europe and part of the former soviet Union. The agreement was first signed by nato the soviet Union and other Warsaw pact countries in Paris in 1990. But because the soviet Union dissolved eight of its successor states had to resign the pact Friday. The ministers Friday said they hoped the treaty could go into effect before a meeting of the conference on Security and cooperation in Europe in july. Belarus however has said procedural snags May prevent its meeting the target for ratification. The signing took place in conjunction with a gathering of natos cooperation Council. The forum which added Albania to its ranks Friday joins allies with Thesee nations on Page 2jobless rate jumped to 7.5% during May source . Deal. Of labor aps amps Washington a the nations unemployment rate surged to 7.5 percent in May the highest level in nearly eight years As the weak labor Market was unable to accommodate a huge influx of Job seekers the government said Friday. The labor department said the May unemployment rate was 0.3 percentage Points higher than the april level of 7.2 percent. The big deterioration caught economists by Surprise. Many had been expecting the rate to hold steady. However the number of people looking for work shot up by 330,000. This increase was the main Factor in the jump in the number of unemployed to 9.5 million. Nearly half of the increase in Job seekers occurred in the 16 to 24-Ycar-old age group. Analysts have been warning for months that graduating College students would be facing the worst labor Market in two decades. The 7.5 percent jobless rate was the highest since August 1984, while the 9.5 million people out of work was the High see jobless on Page 2 -3# journey begins a Maria Pombo Uki an actress dressed As an indent greek High priestess lights the olympic Torch that will be carried from Athens Greece to Barcelona Spain for the summer games which begin july,25. See Story on Page 28,House approves leaner budget for Pentagon Washington apr the House on Friday approved a $270 billion military budget that trims president Bush a request for the strategic defense initiative and conditionally endorses ending the b-2 bomber program at 20 planes. By a vote of 198-168, the House adopted the Post cold War budget that initially was about $7 billion less than Bush had proposed for the fiscal year beginning oct. 1. The House Cut another $3.5 billion from the package with the reductions coming from funds used for stationing . Troops in Europe Japan and South Korea. The Bush administration has announced its opposition to the Bill citing the Overall amount cuts in the number of troops overseas and the budget for the antimissile strategic defense initiative. The Senate will write its version of a military budget in the coming months and is expected to adopt at least $277 billion for defense in fiscal 1993. Representatives from the House and Senate will work out the differences in september. The House Bill includes a about $4.3 billion for ski commonly known As a Star Bush had proposed spending $5.4 billion see budget on Page 2 . Still won t sign Earth Summit treaty Rio de Janeiro Brazil Ahe . Government has rebuffed last itch efforts to win its approval for a Reaty protecting endangered plants and animals calling proposed changes in the document a a language too superficial. Signing of the biodiversity treaty a key document of the Earth Summit was to Egin Friday. An administration official in washing an said the brazilians had offered to Lake a cosmetic changes a to the treaty to a in . Support. But a the stuck to its guns a because the brazilian suggestions did not address fundamental . Concerns said the official who spoke on condition that he remain Anonymous. Another key document of the Summit the global wanning treaty was made available for signing thursday in a ceremony led by . Secretary general Boutros Boutros Ghali. President Bush plans to sign it when he arrives next week. The biodiversity treaty also Calls for Industrial countries to compensate devel Oping nations for resources used to make commercial products. Washington argues that the United states would contribute much of the Money while spending decisions would be left to developing nations which have the greatest variety of species. Japan like the United states and Britain has refused to sign the treaty for similar reasons. Sadaaki mum Ala spokesman for the japanese delegation said a a number of see treaty on Page 2 coming tomorrow future Shock crazy ideas can develop into Clever equipment especially with the Magazine
