XS FINANCIAL TIMES |= ‘Wesinesday Tune 14 1989 Hungry children pay the price of Kabul’s defiance Moscow and Bonn a doubts over bolster-ties with Socbenee Seiectors look out for our © Na ted Kasri ee iat ae i it | Fal He rE | ay : Hl % eae ty i ‘i el Gi ef ‘ aa a Be es Avie 1 | tat i Og Pare fe Tay rniaty ie ie i ie ea aa fe 2 itt tl : k a i i ne a) He | HI is aie ie : & no inal a eles jee ay He a a el © 4 ce i Po ee ai z te il & i aw zi st a BS iene 2 al a2 it ie a 2 3/5 i a aie : 5 ; oe eo i ala i eu et a Hi HEE a He aie 2 a ee ly lu 2 pared ta gH eS eee ick él ae Ni a a a eee a aha g HE a eA ee aie)! ch bil ca leat ald]. Lt Lu Ret in 8 i a ie i ie nn ou ca | a a we ae 5 i 5g ja CNS 2 GP z B pba a ee 5 i @ a ‘S| Bie hal ae 3 oo 5 :EUROPEAN NEWS: 4 ~\ Ati, aa 3 g ele pl Ht g ; ae i i si i cil 7 Ca 5 “oH A 4 z E a = i i . rap nr i eT HE i} % a ae ae Ha au ia 2 i alla] 5 i oh Steg ve wes i Ba Hl ne i tne a iy fea if S Al te a ie 7 . = ated iy ia i a a a a aaa ni SPRANG EY ae Ant | ice igh HUET IR Bek af a a u - ey aa rae ii =e i Hi — i : te a 22 iia i ie a er lwee Fei eee a aud i i © hyena 1 ie 2 Beet ant | 9S ye 7 ne Be a ee Sian nn atin a Be Nig seh nn shri‘OVERSEAS NEWS China’s bloody tragedy fails to deter eager Japanese businessmen ‘wading. partner Stan Wap report oral ad Bsns et sy pat y Pig 5 second-biggest a ile ij irate ce ui id eh iy ees die hak t 3 na nl Ha idl ar ie ay ga A g ERLE ieee S st ua ei una le bl i ee 7 i ce i i A i i il ile i a un rant ca i ee al nn HEME ye sll a se ie Ne i ‘i fan i a ia PE i th sl agit Hut ui oe zi lnilel iH fh fi ra ee ey i terror Twill HE ‘ital a a Bou uasion oe not a work tH oy fl ei fe rg vi fr bam nt tin Cs re te i ii il cant fale ma oe He nee | tiie ee aE fi om is BE il i nae He 8 dhs A le eu i § 3 é ny ie bE as q 3 3 u a gt wi Bas Natiom ie ie the crackdown eutloek is far a bright = MaeDos ot a Ci 5 da it 1% li boom oa es a) about b se Bee] = ae Hy i ah i iat wee i Tee Il) vice Mater on how the Arabs tave rented to Ktomei's = i i i ab praies & 225 Tran still ee Guif 0! ce fine Bea Lo gan ay st ee ee pil i z a ! Hie tt Ha 2 liga age ue el ii ih it 7 me MT au i iit = Ti SITE BEE ee : a ie on mene a ae atl a EAE a FEE> ~ We have got all the time CeCe eeeeeHHOOO ivod BoUdiiee yeogs eorpwH ty 3 = gh indenting of en cons, ‘tet ting you fom ed planet dea goa. ou can ncaa Dray need soxriscate oar pctagee a moar tenecale tren ato cone tn ne censing oases When cold we ace our tec wo you.‘OVERSEAS NEWS Can Hawke’s balancing act end the years of vulne (a thee hi it to Bao ieee iB oe si ‘a aa tas of rabil i fo URL sot HUE Hj el ee ak Fe shilhiuieahiae Lae pe a he US pL | rime nines nro Robes Paley Se SIEMENS its music to your ears. Thanks to Siemens, Hil fale Hydk | tE i Hel 1s i Helly Hidp Hilal Hedy ae AUP Innovation - Technology - Quality : Siemens :WORLD TRADE NEWS 's trade with the West plummets Romania’ Lelie Colitt, recently in Bucharest, finds cash cuts further weakening performance ist... er one unleaded and another for the high powered _executive. ii «petrol for the family motori 2BP-the irst to of i ce, a Mi He Hi a ay ae Sa a He oa 1 ae oe Ae ai ie ih |e He a Ce ge si Lea ake aeee ues a ae. a a ee il ee ea ill ne aa ul ae tana veg itt ! i at i it ie atl Hee ee Fi on e fr 7 i of ce : 7" s 4 ii Hl Ba ce at nae i ti in i: i i ce a Lea i ue | i aa Gu ih aan roule a li i fa File aie ae ea a th Se Sate: ea Eeee Se | Beh 1 er Hi closures unde! dlerline ae foundation i tl ‘luctantly into a power y vacuum Business slit o over Seanair pao Ea i nee a ee 3 slit ae 4 thie iat j i i | 2] ARH] sss] : ict. Late || Put aT SABRE alah) 9!) | sphe | OQ 2g UNM] Feuay) oeCases i ll GGA an a us| ¢ — rl i au na if t Cs ie a il ; eet il aie eg a aay Sn - es a an adie ies aie He Hh ee ce ae er ae aT 2 a ua a AE i We re ee ist An i iy i 5 AR He ih Ag ier me Ht iE aa a eal Ft sii an eae ae al Bei ai ee u a et ee i ee tn ttl ai ae ge ii i aH Bee ; i ta © S] Ghul i He fa Ge sa i VISA renzrsceaes we renuxecast wing nce stones easly VashrdrsChmare tiie ate rated yous ect pean naa S2eneie an ‘0, mete yous = a ALveunE satin oes GenesTG aig ES = Sg er 7 eect rneane eg Ae Snipe toni WHY Is IT THAT HDTV Is ‘TALKED ABOUT BY SO MANY 1D BY SO FEW? ‘ety ‘Novi oing tegen panera ieee eo attri tant IE YOU WATCHED TV TODAY, ‘YOu SAW AMPEX. ae AMPEX,Fou Tg WEDD AG, UK NEWS: : = Conservatives _ |Candidates do battle over a Scottish seat braced for big | Mets Cavet ports on the clesion hopefuls fighting to win Glasgow Central blaze trail? Euro-poll losses AEREE ieee Ee ioe BS Se WHAT WOULD HAPPEN TO YOUR PROFITS IF YOUR TRUCKS COULD TRAVEL ‘AN EXTRA 1000 MILES A YEAR? saaDAE DAF NV. rrp apoio soner/ tad nye ait ‘to conm ont Sno (OFFER OF : 17,934,336 ORDINARY SHARES TO BEARER ‘OF ANOMINAL VALUE OFNLG 5.00 EACH ATNLG 47.00 PER ORDINARY SHARE catia ‘Arosterdem-Rotterdam Bank NV. ‘Arterdaen Rotterdam Bonk NY.Hee a ree 3 Fa : ie ae 5 =. . a Boe | qi Ho 3 | tE a ll cs) 7 Le a x BOE 5 Hie < atte gi ee < a fl He ’ Ay i | BE ee ne Bae 3h tl ae Ke ne z 5 | He j | 2) Sel ae | mm PY = en BO ia ait it i | HE =| ae uy we lid y Bu pth _ =m i AL if sure aoa IP et ae ni < Otte see al Lee i 7 Ht i is ie tl HH Hil Hoa Ha fese | Ue Ae eeee aman PAY wn ofS = 0 WHATEVER WE DO FOR OUR CUSTOMERS, THE STORY'S THE SAME. 3 ist WE'RE WITH YOU ALL THE WAYWI i We ie :. Ag Ha ee ee 8 ! * i ha ne are eel oe: fi ta re an i g| in ‘Hla ! Be Bis ei fs ee 3 Bre id Biel | ! ; tl Bu Pee i Hu , J L i : ail 12 3.8 ' 8 ail | Lal a al iyi a lids é ou AT ata Leuba : | fee DAG NAN ;i | JOBS i Fi ere Srseoay NS JARDINE MATHESON TRUST CORPORATION. 7 rep Wh a i ead rp and menace ss ee eee Feecarescaamy | || ouector—Jardine Matheson Tutt Corporation eee = a Se Ekemogearimsvoaeraiengeromivann coerce Eee | | Meeenrncenraenn scones Seo Ese ae ———Major European Bank TALIST FINANCE SPE bekte Saar A Bank Benes Senior Credit Manager | Serencceremsemerzeme een eee reese esters i i pins se noe os ap ee erratacemeranaty vera tyes hrc pt in = Se cect te OnerienSi Bory | cis CAI F. OPPORTUNITIES Fund Management || “guava oreomrunry settee panes in Manchester ener naira fi i as GREET AUER: 3 # ut 4 iH ee ial pi i BE Gu Miri aoe eee ‘COMPANY AND QUANTITATIVE EQUITY ‘MARKEY ANALYSES Sree eee || ST ESpSeeeerneieeereee ||| Minas earners eee | | eee rte ere Pia Ne afew. 4 Assistant Director os *Risk Management Marketing “to £55,000 + Bonus + Car + Usual Benefits: ee ae RES RR ER mamevenmemero Ere dara. ae ne on ae SESE EAT ae EEE re ae TTS Eee HT i A bi i | i‘¢.£75,000 + bonus + benefits Eee Seo Eee ot Ree case ‘Sr toa Wine ea a "ache open nas e ‘CONTROL MANAGER SS ARSVRUTONAL FINANCING Major Pension Fund Investment Analysts UK and US Equities ASSISTANT FUND MANAGER U.K. EQUITIES — British airways Pension Fund ‘SENIOR TRADING OPPORTUNITIES institutions and the ability tov anticipate the evelopment of these skills into the international and corporate sector. Formal US bank training anda second European Tanguage would bean advantage but not ‘ssentil. Please reply in writing to:The end of an epoch| Nae (Chntopher Due discus the implication of | las week's deosog that TEV ranches ae ‘to be auctioned off to the highest The City Wives” ConfederacyFINANCIAL TIMES ce i ne 1 a La) oi s Casale le Neways ti i 8 i 8 dh i 1 ee i i i lid 1a (i 5 iu ve ja ne i ae i tn HE ce 2 a i faa a ea 7 ai £ 5 < 2 = & fe ea Lt A Hh me aH a i ae ea i i HE ti iH iat ul ‘ Hl i i te ay), eet a hall lat a iy 4 anal Ae a He i i = ail Aa sie fie ite 4 ne i italia ta ti Hee i]Tae Geat gc Sacgroand to ela of ie Ouiwals oaac ae Hong Kong = ies Full UK citizenship is not the answerUJI BANK Wednesday June 14 1989 Soviet Bs = disaster ‘could happen seni ? FINANCIAL TIMES ate 4 fee ny it ca 7 ! 5 » Hala i J i a aa i it aaa lt if | oe tbl a os i aul ital ij a i] 2 7 Mien " He BE i UE Mill &3 as Aan i i il =} ig seen a eeu Hee Peal || ES mat Ha aa i ig pseu i i iat Ty ae ine a Eli a te ait a Ta sa eee ae 7 ! iPad sae as os ip a fl at a h ac i ake a it ea ce a | me ES 1a ee eee ae via eve 1 sehen ‘ini lah isa ibid Slum tio it ay AL ae i catalan | Hea i ee it i ae aly tae Pancrins over the =e rate diffe: Wi ite le ae ue pa: ml aa él a a Say © ane gl a ae oe ee ae a je ! ide 2 SPS HReG el ni ‘ie ee Sosa ancof eet] Gee ee 3 te - ae eeeilll 3 Uae a ue See in ee se ( (Hl til ey We ee ai i sedan ini it ae 2) F i He 3a! a a paplll Ha nl Be es ja a en ae i u ati = a ee a | i diol ia i ee 23 zit a hii Hts ia peg) a onary 5 Sl geeINTERNATIONAL COMPANIES AND FINANCE Eanen boys HCA to sell Meat sbsidiary it tif Hl i ie a i He ta He ‘ a Bi wey wes ce i as z| ADoubts harden on steel merger David Goodhart on talks between Germany's Krupp and Selgiter T euereE Ween eeINTERNATIONAL COMPANIES AND FINANCE. Banking on information’systems ‘Aan Cane predicts building societies wil spend heavily on software eeecn pew ae eae See eee Rare ESAs Rae: See BSrse Sea Sees aeeeiee Seecce Shales pevees Gerace Secs Sse rome Seu Serer ceca Sarees eS rasres eee lee Seee Sazmest Geeees See ee sae as Tes Sees Seocec sla: goo ee ieee Suieves msc ee svenska sets up UK tment company EERE Sheers WEES gee Sees Biss Eaters eet Ses Ba Ee eee: Slee Fsseoe eats Suet ces SSSaaS ESSSiSt Tintin: eS q il PROFESSIONAL COMPUTER SLIDES Ae a eed ene luxury two nights later.ir ine! in i i : 7 ! tt i i eat fl : an i u= ‘The Nippon Credit Bank (Curagao) Finance, N.V. u.s.$200,000,000 ‘wx porcont. Guaranteed Notes 1999 rere gmt yr ‘eNpeen crete bank ts The partners of Freshfields announce the recent opening of an office in BRUSSELS J.G.Davies ‘Resident Partner Ruedela Loi 15 1040 Brussels. ‘Telephone (2) 2800820 Fax @)230 1730 Si st Naat ERircerbtanatt Weateat a St i; Retina etl INTERNATIONAL CAPITAL MARKETS IFC maiden public issue; confirms change of pace ial tidINTERNATIONAL CAPITAL MARKETS: ISS _Pmanciat TAR x int = Bi =. ae a a i 2 eee Ha g Gia A lat mu 33 ee ru ale i 2 Eee i 8 ae € St = aE 5 Scant Pell fe = Ha i i = santa : a et a os i in 3| i uh i ee HL! if 8 i site ie a ay | Siu ine i iit Sie i st il weer, i Poorer one eee eee le BE f 1 Get Rg |i "apes i af ile: ‘i | ii t 1, I i “hUK COMPANY NEWS Future aes ae M: sri ge : met as pide, Racal Electronics rises to'£178m. [a= —mmumtinromte | 2 Ze = j ) [=eninth inione : ™ : 3x COMPANY EWE . Molins swift to-reject Interest received second bid;from Brierley |boosts Mercury a Lid ce al sires ie eae a ii iy Eza it i i i th thi til ng : Nt fel nit Hell cra it 2 if! if iil “| i i [ fi 1 ne i FA i q i ‘ te i al if i tt E li i bia ai 0 A EE He i Special Offer to Professional Financial Advisers WELL BACK YOUR JUDGEMENT FREE FOR 2 MONTHS Wesscrs shams news more tonei = a i re . a ace 18: Beh ieee ql ah Hu Z i i - oe gli %s 5 it sha A mu | . i i ey ie sa ie u i j i ‘i | ue a el nt : 2 oe | a at i aut | : gel, i aa Thornycroft close oe We m i a 0 oo en ‘it: py EP aT . - nie ys ST GEE nn al EH hie ue a ie a i ae ia sper (Vos UK COMPANY NEWS ‘Avon Rubber eat ily 2 ye ff Hen ee fa He aR if ae s me a a ui i] ir ig 2= =e * : The-hidden giant shares some of Do you have ri Ceteirei(eleiey Marketing Strategy? Merketng Kaas and solutions ‘Seema Th Wl dl Cm arc Len A‘could double’ farm output Fish ives ‘MacGregor plans ‘cattle Collapse of coffee talks rice plunge triggers pi i" ll ae fl it Hl a Hl 1B if th a iE Mm seal i ff i Hulls ee ee ut (es ne ie on a it 1a hy ats gaa i H q Teel pply warning to coal producers or FO] tc smaller wheat |eTFonsiaa excnANGEs Sterling continues to fall Weak pound prompts sellingSerre ert eerer mre reeeeeaceseeeere eiassestneaa u sina iis al Q HE Hu Tf Hs ee 4 Ld | igloo, aT sfeuinathy tt > f | eS Hl yy Hi 2 ea a | Badhy ey die el Pee ls Eiggeeeenls a | 2eles ia ne sl a an H wih FINANCIAL TIMES ine ia ist eal] i 5 4 fh on Z zu Hele eeu ah | ae encaly he git ie 3 Hl aa at 2a ee : party tf deity : i EH ; | Sal ee a ft i aa : ti ei a = a gi eine at uaa 1 He ae ail oe fie ll % i 1 1 es a lca A Ig eee a ci ah iz if ae he Aa i HRFINANCIALTIMES STATE BAC EW SOATH WALES: WERE JUST AS CLOSE TO BUSINESS BRITAIN AS:WE ARE TO B SS AUSTRALIA seman paettote oot yaremtsoaroie Seam eoeataiorion oeft aa | eet MicRoEconomié issies So much more still to do Robin Pauley reviews tho ‘Sovernments record on . 2 6 . 5 2 & 5 228 ¢ 3 mo Bg So eS Sw ger" =ih a aa Olea: i lt an a a aul i i y Passage ee o . a (fe! FAY, RICHWHITE pi a Ce St cA pe WS a a ile in meni oT Satin, ae oa a i : Pp i! Ae 1 ae i sae a ial ae [ae E § 0 © 5 % e = 3 5 E 6 % = g 9 a £ |WA WMEDAY ONE AUSTRALIA 4 - =—z * ee a cn re ta af inst th gait | a canee Hl iH ae i ci a 5 em iF al Hi ae = ee P @ teat oe i Une i a es al Ht ce | aaa and i ia Wee a ral ee Fea Eu aa iy i a EI Hee ih eae a | it Eon en i i — ee si a i He ne es a eee cn a it ea ft i ey Ns Hill ia ed! ait in a ahh ie a Ai ih as to be imagined 4 ‘i Defence strategy is ates on 2 the sea vk 24 i HAE Because there is no real threat to the country, ee ae yebate on AustraliansJapanese collaboration PD Mi Siem om needs beer Zee Smee a eaten! Syeaom‘are stoadily improving, says Chris Sherwo om output rises strongly ‘Agricultural Qy i Seq ei i a He Hid wo 4 tei ae “Queena _leads the way. asa aaa Sas Ha } eee, a Hebei hee ene nh ier te = aa Ae i =a in Ha vin a \‘AUSTRALIA 6 ae al /e Paul ‘Anew and leaner manufacturing base is emerging Signs of an industri Hey Hg AMAL 3 ea ta ial renaissan 0 i Hal su Ri rt i ne ae settane saad il ae He 4 Ts tue ea es aie ! al 44 rel (i it a i 4 a bie sl | 1] Hid Ht ie i oe if ae Pate = fi ul 7 RE | Hf ae at if in nh H af i Ci ell Ua Healt fit ae il i rf i tt Hiatal neat o Ha i i u ae i a | jae ce ce if ti i Pill : se lib z af ae mE HN su a hs i i idl lea in i it eee it } @ tet id BARCLAYS de ZOETE WEDD. Nobody knows the Australian bia ) Paul Taylor discusses the attractions and Indu ‘Land of wonder’ __fas two faces a tH Bi ah ee iQ i nea da filly ye el aes a a sl i i ae i Hee ee ce Ah ne ast ty ce pi aaa rea YE ll doing iy yontp ote Ano rep ‘soraicricing nie ie 7 a ee ag, ‘RET Sep nL a ee ye Ma ge eg gg nS MONWEALTH BANK OF AUSTRALIA, tng rn he a potion satinteGciertabet ceaedirct ‘ilbesbiiogreyenatnorieate |‘inte ane i 2 pul sat Bh i ade it 5 at we Py patra (RAM MUIE f in he iy HE Hl iy i a i aaa a 14 S aa 4 ; J 3 g , 8 Ki » g 6 s t as ao 4 g a5 %y i g 3|° OS | ii x 5) © aN Rs i 3 io 83 Ht 2 oO $8 if 5 3 S35 i S 4D en wenn te 33 fi 5 Sea nes ce ee i 2h re se audi 1 5 is ‘AUSTRALIA S. ae wi ie i Re Learning the lesson of export Sie ema (Chris Shorwell looks at the services sectorCe ee a eee 2 Sabet fi a ae coming of eres place Dans Peau n ae u f 3 3 | i z Careful Strategy leads from a YOU NAME YO WE'LL HELP YOU PRO ie tt He a ua) So vi a : ' Pi +: . i He se | ' ae ae 3 ‘a Ae ! ae sea ie. nts in broadcasting and print media FG Paul Taylor on dove New vitality follows far-reaching changes - es Ot z~ Australia-Getting down to business saa ht at rt or roomate pomnararetantipeaty Seat (AUSTRADE eens ‘Australian Trade Commissionnae a 2 i ee il ae # il For good ideas read between the lines Contact Cone yon 07020251 Kleinwort Hattersley Securities oa ‘a tie ay ‘it en i agen a ite un aNO OTHER AIRLINE KNOWS AUSTRALIA SO WELL. swith Qantes than ith any other sitine, Or perhaps 5 hecase, to am, Ausra ist jost another destcatin. 1S home,