Pacific Stars And Stripes Newspaper Archives Jan 16 1983, Page 1

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Pacific Stars And Stripes (Newspaper) - January 16, 1983, Tokyo, Japan B0 it 12 1 Al 22 b k is in h 175 Pacific stars and t i of 17 shia Joseph Burlas 38th 15 an authorized unofficial pub Caton for the personnel of the department of other government agencies and author Zed personnel with the Pacific command january 1983 1982 inflation at 11year i compiled from wire services Washington wholesale prices went up just percent in december to bring 1982s business inflation rate to its lowest since president Nixon 1971 previous week and a reversal of the Short decline that had heartened some the department reported that for the first time in five there also was a Rise in the insured wag Price the labor depart unemployment rate the proportion ment said of the 111 million member the inflation rate at the wholesale labor Force drawing jobless level was Down sharply from the to percent of 1981 and the double digit rates of 1980 and prolonged which has raised to a 42year High and the business failure rate to a 50year combined with Bountiful harvests and a worldwide Oil glut to hold Down economists it climbed from percent to percent in the week ending in a switch from its previous the american Auto Industry is exhibiting signs of modest improvement As lower inter est rates lure More car new car sales in Early january were up percent from one year the five major companies the departments own analysis reported in a hopeful sign for an said Friday that Energy prices Industry that has stagnated for three actually fell percent since Domestic automakers have december in such been suffering from the High Cost of costs had soared percent in the borrowing and stiff Competition from proceeding 12 food the department in another sign the recessions Rose a modest percent in damage to Industry May be leveling the Federal Reserve Board reported that factory product Down percent the recession dropped a slight percent in american factories pro up Only slightly from the percent gain of the labor department had announced that some americans applied for unemployment benefits in the last week of a spurt of Over the up and away see Page 7 in this Las vegas flyaway a dc4 propeller is used to blow air so that enthusiasts will remain suspended and keep while this is the first chamber of its kind in the owner Marvin Kratter is planning to franchise the a Japan to give arms technology f Tokyo a in the face of Strong american the japanese government Friday decided to allow the Transfer of military japanese Trade restrictions re Story on Page technology to the United states despite its longstanding policy virtually Banning All arms prime minister Yasuhiro Nakasone Cabinet decided the United states will be an exception to its arms Export policy order to ensure the effective operation of the Security chief Cabinet Secretary Masaharu Motoda the announcement calme a Day after the government revealed a wide ranging package of Trade reforms to increase Access to japans and is seen As another move by Nakasone to resolve defense and Trade issues with the United states before meeting with president Ronald Reagan on a foreign ministry who asked not to be said the Short term effect of the decision will be mainly japans refusal to reciprocate for military technology provided to he has been a Symbol of japans free ride or cheap ride on see Page 7 studies Reform military spending Page 3 charged in armoured car scam Page 4 Gambler claims nil games fixed Page 28 minister Romulo resigns Post in tears Marcos says no Manila a philippine foreign minister Carlos Romulo resigned in tears saying he would give Way to younger but president Ferdinand Marcos turned Down the he is an indispensable servant of our Marcos said at Romulos 84thbirthday Marcos extended Romulos 14 years in office for at least one saying he hoped Romulo could achieve planned reorganization of the foreign in but what can i do Romulo said after seeing the president and first lady i me Ida Marcos to their limousine outside the Manila hotel Romulo said he seriously thought Marcos would accept his resignation As the worlds oldest foreign i thought he would let me i have seen eight secretaries of state come and said whose Long military and journalistic career has Given him close ties with the United who has the rank of brigadier general in the philippine waded ashore at Leyte Gulf with the late Douglas Macarthur to begin liberation of the Philippines from the see Page 7

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