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Publication: European Stars and Stripes Tuesday, July 12, 1994

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     European Stars and Stripes (Newspaper) - July 12, 1994, Darmstadt, Hesse                                The sub amp and Fries ss5e5ss32s vol. 53, no. 86 50c tuesday july 12.1994 d 8693 a Clinton Kohl set goals be with you in a shakes amps Sun Palumbo president Clinton tries to talk to several people at once As he Man Gies with a Naples Italy crowd that included . Military per sonnet and their families. Shaking Many hands Clinton and first lady Hillary Rodham Clinton spent 20 minutes chatting with Well wishers. Before leaving for Germany the president thanked Naples military members for the Job they re doing marines jog with the president Clinton follows a fkr a footsteps. J j a Page 3 f remark fails to lift Dollar Bonn Germany apr president Clinton said monday that he would not Eri courage a Low Dollar to boost . Exports but the Dollar took a new dive anyway. The . Currency lost about 1 percent of its value against the German Mark a apparently in response to the Lack of Spe Cia action during the weekend economic Summit of industrialized democracies. The Dollar rate was set monday in Frankfurt at 1.5495 Marks Down from 1.5730 on Friday. It has plummeted in the last month after hitting a High of More than 1.74 Marks last year. Fixed rates at which military Community banking facilities will sell foreign currency were set monday at 1.51 German Marks to the Dollar compared with 1.53 on Friday $1.60 to buy 1 Pound British Sterling compared with $1.58 on Friday and 1.70 dutch guilders to the Dollar compared with 1.72 on Friday. Clinton was asked about the dollars strength at a joint news conference with German Chancellor Helmut Kohl. A we will not use the Dollar As an instrument of Trade. We take this Issue seriously a Clinton said. Currency speculators however seem to think the opposite. They have been betting recently that the United states wants a weakened Dollar to help increase . Exports. A weak Dollar enables foreigners to use less of their own currency to buy american  a weak Dollar however can also fuel inflation  and Force up interest rates. The Dollar has been particularly weak against the German Mark and the japanese yen. A the fundamentals of the american Economy Are sound a Clinton said. But similar remarks by Clinton about the Dollar in Naples on Friday helped contribute to its slide. Acknowledging that Clinton commented monday a let me say in a reluctant to say More than i already  says Mission by de Reavis staff writer Bonn Germany a president Clinton on monday endorsed a More aggressive role in w orld politics for Germany including the possible use of troops outside natos area. In his first official visit to Germany the president met with Chancellor Helmut Kohl and declared it the obligation of the two allies to a a integrated the new nations of Eastern Europe into the International Community. A history has dealt us a Good hand after two bloody wars a Clinton said. A the Challenge to the world a he added is to help the one time soviet republics and former Warsaw pact nations establish themselves the German Constitution limits the. Federal governments ability to Send troops beyond the area of the North Atlantic treaty organization though the country a supreme court was expected to see goals on Page 2 fans foes hear commander foot praises by Vince Crawley staff writer Ramstein a Germany a president Clinton donned a leather air Force flight jacket played the saxophone and thanked the military for making him proud during a Brief Stopover monday night at the largest american military Community outside the United states. The president also reaffirmed his commitment to keep 100,000 service members in Europe. Among the roughly 5,000 Active duty personnel and families who turned out at Ramstein Abs Hanger 3 to see Clinton were both fans and political foes a democrats and republicans. His speech and Impromptu Jam session with the . Air Force Europe band were interrupted frequently by thunderous applause. One of the listeners senior airman David Hughes said he had come to hear from his commander in chief. A i came Down to see what he has to say see praises on Page 2 North Korea puts off talks with the United states South Korea a see Page 4 inside today pretty Haiti orders Alt paces human rights observers to get out certain traits catch the eyes of All beholders a see pages 16-17 Mtchell Pter her  
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