Word: coaling
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...committee approved a bill that would ban all new investments in South Africa by U.S. companies and prevent any U.S. banks from making new loans to any private companies operating there. It would also stop airline service between the U.S. and South Africa and outlaw imports of coal and uranium from that nation...
...residents of central Appalachia, a heavily mined, coal-rich region, have generally responded favorably to the students presence, Hill said. However, he added, it takes a period of adjustment for the locals to feel comfortable around the students, especially ones from Harvard...
...Lugar began work on the plan he will present to the Senate committee this week, he was considering adding sanctions on new investments by U.S. companies in South Africa and a ban on imports from South Africa's state-owned steel and coal industries. If he seems calm about the policy storm looming, it may be because he is confident that his plan will receive serious attention. Says Lugar in a deceptively mild tone: "I'm not the kind of person who is easily rebuffed...
TOTAL TRADE EMBARGO. This House-approved measure could clip the profits of white-owned businesses and apply marginal pressure on the government, while probably throwing blacks out of work on a significant scale -- particularly if mining of gold, coal and diamonds was seriously impeded. American exports to South Africa declined to $1.3 billion last year, while U.S. imports have remained fairly steady at slightly above $2 billion. A trade embargo would thus have little financial effect on the U.S. As for South Africa, it could probably evade export restrictions by shipping its goods through other countries. This would increase...
...last September, which prohibited the purchase of Krugerrands in the U.S. and the export of computers to South Africa. Among Lugar's proposals: ending landing rights in the U.S. for South African airlines, freezing U.S. bank accounts of South African citizens, and prohibiting American imports of steel and perhaps coal. Lugar will present his measure to the Foreign Relations Committee next week...