Word: coconuts
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Ever since oil-exporting countries showed how to run up prices by banding together, other developing countries have dreamed of emulating OPEC's success. Discussions have been held about forming cartels to cover commodities as varied as coconut oil, copper and phosphate rock. Such Xerox copies of OPEC have almost universally failed because of easily available substitute products or the unwillingness of would-be cartel members to cut production enough to maintain high prices. The copper exporting organization, for example, was weakened when industrial users began replacing that metal with plastics and aluminum, and effectively collapsed when the last...
...creation of the Oval Office. A replica of the large presidential desk was being moved from a storeroom; the original desk, still in the White House, was given by Queen Victoria to President Rutherford B. Hayes in 1878. On the library's desk will rest the coconut shell on which Naval Lieutenant Kennedy carved a call for help after PT-109 was sunk by a Japanese destroyer off Guadalcanal in 1943. Under the supervision of former Kennedy Aide and Curator David Powers, the library has amassed a collection that includes 13,000 objects of Kennedy memorabilia (including an alligator...
From the rice fields of northern Luzon to the coconut groves of southern Mindanao, anger and rebellion are rising in the Philippines, a country that threatens to become a powder keg in the Pacific region. The resentment is directed primarily at the corruption-tinged, autocratic regime of President Ferdinand Marcos, who seven years ago imposed martial law on the 7,000 islands of the Philippine archipelago. Today he rules as both President and Prime Minister over a dangerously deteriorating society. Despite statistically impressive increases in his country's per capita income, poverty and hunger affect most of the Philippines...
...make available large amounts of cash. These funds were then shuttled through a network of interlocking companies in the U.S. and the Caribbean. Through such maneuvering, Somoza acquired his mansion in Miami Beach, which is officially owned by a company based in the Virgin Islands, two posh condominiums in Coconut Grove for his estranged American-born wife Hope, and a luxurious apartment for his girlfriend Dinorah Sampson. Besides this choice real estate, Somoza's enterprises include six companies in Miami that imported a reported $30 million worth of beef last year, a 49% share of two Colombian coal-mining...
...will rave about Steve's. It is quite a trek to Somerville, but Steve's is worth the half-hour wait on line. At Steve's you can design a frozen edifice of delicious made-on-the-premises ice cream and m and m's, fruit, whipped cream, coconut and other nuts, crushed Heath Bars, Reese's Peanut Butter Cups and the quintessential maraschino cherry. If you aren't drooling now, you will be after you've waited in the round-the-block lines just to get in the unpretentios little store with the salt-rock ice cream mixers...