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...faithfully to the eternal Communist verities and pulled off a hat trick. Under one of the most authoritarian systems in the Warsaw Pact and with a rigid, centrally planned economy to match, East Germany boasts the most powerful industrial base, the highest standard of living and the most per capita exports to the West of any nation in the East bloc. Declared Honecker, 76, in a speech to party leaders that implicitly rejected any reform-minded changes in his winning formula: "If one finds that one has embarked on a course that is right, then one should continue along...
Some ranchers are uneasy about their new neighbors. Says one cattleman: "They seem to be interested in buying the best spreads and the bigger processors." But ranchers generally welcome the Japanese beef boom because the export sales will help revive a depressed industry. Per capita beef consumption in the U.S. has fallen from 94.2 lbs. in 1976 to 72.7 lbs. last year. The Japanese investment should also be a boon for Americans who sell supplies and expertise to the new beef barons. Says John Morse, president of Selkirk Ranch: "The Japanese are willing to pay a premium for people...
...suing both companies in an attempt to overturn the lockup deal. Both Tyson and ConAgra are hungry for a bigger helping of the sizzling $7 billion U.S. chicken market. Largely because of health concerns over fat and cholesterol in beef, U.S. consumers have increased their annual per capita consumption of chicken from 43.5 lbs. in 1978 to more than 62 lbs. currently...
When energy was expensive, Americans treated it that way. Between 1973 and 1985, when the price of oil surged, U.S. per capita energy consumption fell 12% and the average amount of goods and services generated per person rose 17%. In the past few years, however, energy use has risen as the price has declined. Americans, who own more than 135 million cars, or about one-third of the world's total, have been driving more and have resumed their love affair with large gas-guzzling cars...
Salinas, the 40-year-old economist and former foreign minister of Budget and Planning, finds himself immediately confronted with an economy which many observers say is on the verge of wholescale collapse. Inflation is nearly 60 percent, per capita income is rapidly declining and the country's foreign debt is roughly $104 billion. Service and interest payments on this debt alone demand more than 40 percent of Mexico's export earnings, money desperately needed to revitalize the country's industrial base...