East German economy seen in ruins after currency union
Three months after West Germany’s currency union East Germany’s output fell 42 percent in the first month and 1.8 million of 8.5 million workers are jobless. Unemployment could reach 3.5 million in six months as Western goods fill markets and investment remains sparse. The hoped Wirtschaftswunder looks distant amid political hesitations and slow reform.
MENTIONED IN THIS ARTICLE
Stasi
West Germany
East Germany
East
Helmut Kohl
Mathias Rensch
Inez Handke
Kohl
West
Leftist Extremists Brace For Unity Day Clashes In Berlin
In East Berlin a squatters' enclave festooned with Communist banners fears violence on Germany unity day. Police higher alerts and political leaders urge restraint as neo Nazi sk inheads and radical groups clash amid a tense security environment.
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Gag Ast Berlin
East Berlin
Mainzer Street
Germany
Peter-Michael Diestel
West Berlin
Erich Paetzold
East Germany
Diestel
General furls flag as West Berlin command ends
US General Haddock formally deactivates the West Berlin command at a ceremony with Allied officers. The West German flag rises beside the US flag for the first time in 45 years as sovereignty shifts at midnight and border checks end.
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U.S
Furls
West Berlin
Germany
East Germany
Raymond Haddock
Air Force
U.S. Command
U.S. Army
Haddock
Berlin
Iran and Syria plan step by step hostages release
Beirut's Ad-Diyar says leaders Assad and Rafsanjani agreed a phased plan to free Western hostages in Lebanon after talks in Tehran. The report cites unnamed sources. White House says such moves aim to free detainees for humanitarian reasons while most captives are held by Shiite factions tied to Hezbollah.
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Beirut
Lebanon
Ad-Diyar
Hafez Assad
Syria
Hashemi Rafsanjani
Iran
Assad
Rafsanjani
Tehran
South Lebanon
Mohammed
South
Anon
New York
White House
Marlin Fitzwater
United States
Middle East
Bush
Anglican Church
Terry Waite
Hezbollah
Party of God
Miami considers pay as you spray for fountain
Miami officials floated a credit card payment plan to run the Claude and Mildred Pepper Fountain at Bayfront Park to save about 370000 a year. Critics mocked the idea while the city argues it could turn user fees into revenue as the fountain sits idle most days due to budget cuts.
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Miami
Claude and Mildred Pepper
Howard Kleinberg
The
Miami News
Miami Herald
Cesar Odio
J.L. Plummer
Bayfront Park
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