Word: cargos
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Dates: during 1980-1989
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...historically have rejected foreign assistance following natural disasters, decided to welcome outside emergency aid. Within two days of the quake, U.S. Air Force C-5A Galaxy, C-141 StarLifter and C-130 Hercules transports were flying into Mexico City's Benito Juarez airport from eight U.S. air bases. Their cargo holds were filled with portable generators, jackhammers, jacks and winches. The planes also ferried in sleeping bags, cots, blankets and, ominously, 5,000 rubberized body bags. By week's end about 350 tons of U.S. supplies had been airlifted, along with some 250 rescue personnel...
...first casualty was a Hughes Aircraft-built LEASAT 4 satellite, which began to malfunction, apparently because of a faulty transmission cable, about one week after it popped perfectly out of the cargo bay of the space shuttle Discovery on Aug. 29. Two other satellites, one owned by GTE, the other by a European consortium, were lost on Sept. 12 when the European Space Agency had to destroy the misfired Ariane rocket that carried them. The mishaps brought to $600 million the total cost to insurers of the seven satellites lost in the past two years. As a result, some insurers...
...years upped their share of the British cruise market from 10% to 42%. In France, about 80% of imported oil is carried by Soviet tankers, while French ships transport less than 1%. Even the Japanese have been hurt. Since 1981, the Soviets have snatched an estimated 10% of the cargo trade between Japan, Australia and New Zealand...
Soviet ships were barred from U.S. ports as a result of the 1979 Afghanistan invasion. But in Europe, saying bon voyage under a Red star is no longer a novelty. Western companies sending cargo overseas have also jumped aboard cut- rate Soviet ships. Their governments have been slow to respond to the Soviet merchants' tactics. The Japanese, the Australians and several West European nations complain that the Soviets have broken understandings on shipping policies and rates. None, however, has found a means to enforce the pacts. For now, maritime nations seem likely to find that ships flying the Hammer...
TIME' s economists say events abroad will determine U. S. growth. Soviet ships sail into cruise and cargo markets. Gucci vs. Gucci...