Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Monday, May 16, 1994

You are currently viewing page 14 of: European Stars and Stripes Monday, May 16, 1994

     European Stars and Stripes (Newspaper) - May 16, 1994, Darmstadt, Hesse                                Page 14 the stars and stripes Money matters monday May 16,1994 today a rates following Are fixed rates at which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use British Pound. 1.54 dutch Guilder. 1.82 German Mark. 1.63 greek drachma. 238.5065 note Hie rates above apply wet till the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar a. Following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies austrian Schilling 11.7625 Bahrain Dinar. 0.37675 belgian franc British Pound .1.4971 Canadian Dollar 1.378 danish Krone 541 dutch Guilder 1.8755 French franc 5.7243 German Mark 1.6726 italian lira 1,600.90 Kuwait Dinar. 0.298 norwegian Krone 7.7585 portuguese escudo 172.28 saudi rial 3.75 Spanish peseta 137.85 Swiss franc 1.4285 turkish lira 32,500.00 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $381.45 an ounce Sliver quote $5.36 an ounce. Sources merchants National Bank s Trust co.,.  press United press International for some health care worries by Mike Causey Washington Post Washington current and retired Federal workers who worry about paying More and getting less under the health care Reform proposed by president Clinton could have the Best of All worlds under the Compromise developed by sen. Edward m. Kennedy a mass. Kennedy a plan would allow americans the Choice of buying their insurance directly obtaining it through an Alliance similar to those mandated by the Clin Quot ton plan or joining the Federal employee health benefits plan. The plan covers nearly half the people in Washington and nearly 100 percent of the folks who Are drafting debating and deciding the nations health care future. More than 10 million government employees a including the president and his family retired janitors and astronauts and former presidents a depend of be hip to pay most of their medical and Hospital Bills. Its the biggest company style plan in the nation. Workers and retirees can choose from a variety of plans a ranging from nationwide biggies such As Blue Cross amp Blue shield to local health maintenance organizations and participants can move from one plan to another during open Many baby Boomers expected to retire poor by the Seattle Post intelligencer Seattle a baby Boomers with limited education or sporadic work histories divorced women widows and a disproportionate number of minorities have a greater Chance of retiring in poverty than others in their generation says a study by the american association of retired persons. A a a. A a the report aging baby Boomers How secure is their economic future finds that although the 78 million americans born Between 1946 and 1964 will have higher incomes than their parents they need to save More to prepare for retirement and that particular groups face greater risks. A in 2030, for example one out of seven Black baby Boomers and a similar  single ones Are expected to have Low income during retirement. A we face the emergence of a permanent underclass by virtue of educational status minority status marital status and gender in terms of economic Security a said Constance Swank director of a rpm a research division. In 2030, there will be an estimated 3 million Low income baby Boomers with single women Blacks hispanics and the poorly educated disproportionately rep resented the report said. A women Blacks and hispanics face much greater risks of losing ground than Whites do because of higher mortality and divorce rates and lower education rates the study found. Swank said women will make up 85 percent of the retirement age population in 2030. In 2010, Black baby Boomers Are expected to bring Home about two thirds As much As Whites with a median income of $33,500 compared with $49,300. That discrepancy stems from the smaller percentage of Black americans completing College or High school and getting married the re Eort said. In 2010, More than half of All Lack baby Boomers Are expected to be single compared with a Quarter of Alt Whites. Although Harp does no to usually re search issues pertaining to younger generations the group said the study was timely. In 1996, the first baby Boomer will be old enough to join the organization the largest secular organization in the country a the association is concerned about the Quality of life people have in their retirement years a Swank said. A that Quality is contingent on decisions people make Early on. Retirement income needs to be based on More than social Security. The More sources of it you have the better off you la  a a a. A a a a a a ruling sinks yellow submarine claim san Francisco a a distributor can Market a film legally overseas without the copyright holders consent a court ruled Friday in a dispute Over video rights to the beatles Sci now submarine movie. . Copyright Law applies Only in the United states and it does no to cover someone in the United states who authorizes overseas copying and distribution said the 9th . Circuit court of appeals in a unanimous ruling. The ruling would overturn half of a $2,2 million damage award against Mem a communications co. Unless its foreign video distribution of yellow submarine was found improper for some other reason. Sub films Ltd. And Hearst corp., the films producers have claimed that the distribution also violated their contract a claim the ruling failed to resolve. The animated film was first shown in Heaters by United artists corp. In 1968 but did not appear on video until 1987, when Mem a the successor to United artists authorized Domestic and foreign video distribution. Seasons each november and december. Also workers and retirees can change plans any time a a special events a marriage birth death eligibility for medicare or a move to another City or state a changes their insurance needs. Health care companies participating in the Federal employee benefits plan cannot reject or drop anyone because of age health or any other reason. Premiums Are never paid late. Uncle Sam takes them off the top from pension or paycheck. Unlike Many private insurance companies that either reduce coverage raise premiums or drop retirees from coverage retired government workers and their spouses enrolled in the be hip pay the same premiums and get the same benefits As younger workers in the same health plan. Anyone who exhausts the lifetime benefits of a particular plan can switch to another plan at the next open season and Start All Over again. There Are More than 300 plans in the program. Most workers and retirees have a selection of 20 or More plans in their area. Because of those features Many consider the be hip the Model health plan earlier this year the conservative heritage foundation urged that it be adopted As the National health plan. Sen. William v. Roth jr., r-del., proposed a system that would let uninsured workers and employees of Smajic companies that cannot afford health insurance join the be hip. Federal unions have gone along with most aspects of Clinton a plan to reinvent government a from cutting More than 250,000 jobs to the privatization of some operations now performed by civil servants. But they Are nervous about changes in health care Reform that could cause a membership revolt. Several postal unions offer their own health plans within the be hip that Are open to nonmembers willing to pay a separate fee for membership. The health plan is a big moneymaker for the mail handlers Union. Its health plan enrol Merit dwarfs its actual membership. Other unions arid organizations like to maintain their own health plans As a membership Benefit and recruiting device. A it. A a none of them would like to see current and potential health plan members a whose dues Are paid like clockwork via payroll deduction a transferred to alliances. Democratic congressional leaders warn that it would be political suicide to remain in the be hip while other americans were forced into some other kind of health plan. But most members like being part of the be hip. Hard Rock the Jonker no. 2 Diamond weighing 40.46 carats and mounted As a ring is Likely t fetch a Gem of a Price when it is auctioned wednesday in Geneva. The South african jewel is estimated to be Worth $2 million and comes from the collection or h6rn< Beaumont French Soprano who died in 1988. She was married to Louis Dudley Beaumont an american  the new York times Berkeley Calif. A with her Burger King franchise situated in this City a gourmet ghetto Beverly Tabb wanted to Appeal to the culinary elite by offering something special a a soy based meatless Burger but Burger King corp., a subsidiary of grand metropolitan a British conglomerate told Tabb to Shelve her plans to sell the Faux Burger. And now her meatless hamburger a the Griller a which Sells for $159, Nas become a rallying cry among some residents who want vegetal an fast food. Last week the City Council sent a let Ter urging Burger King to let Tabb sell Veggie burgers alongside whoppers. At a rally wednesday at Tabby a Burger King samples of the no fat no cholesterol Patty were Given to passers by. One protest sign read a give peas a  councilwoman Donna Spring who attended the rally wrote a letter to Burger King in which she detailed How meat eaters contributed to environmental problems. The Miami based hamburger Chain tested a vegetarian Patty in 38 new York outlets last year and is prohibiting any Veggie Burger sales until it evaluates those test results said Cori Zywotow a spokeswoman for Burger King  
Browse Articles by Decade:
  • Decade