Word: copper
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...some $5.5 million in training and food, bringing total U.S. aid to Zimbabwe to $42.7 million in 1982. Even with such aid, a severe drought is expected to reduce the nation's agricultural output this year by 20%, and depressed prices for such exports as chrome, nickel and copper have led bankers to predict a sharp slowing of Zimbabwe's economic growth, to 3% or less in the coming year from a robust 8% just last year...
Exxon's cash squeeze has been intensified by management miscalculations in a series of unsuccessful attempts to diversify. Examples: Exxon spent $857 million during the past five years to develop uranium, copper, lead, zinc and molybdenum mines from Nevada to Papua New Guinea. But the company has lost $383 million on these operations because of the slowdown in nuclear reactor construction and a fall in metal prices. After investing nearly $1 billion in a project in Colorado to develop synthetic fuel from shale, Exxon abruptly suspended the program last spring. Exxon Senior Vice President Jack Bennett says the company...
...going back, in fact, to man's Neanderthal predecessors. Today, arthritis inflames the joints of 10% of the world's population, including one out of seven Americans. There are dozens of helpful drugs on the market, as well as countless quack remedies ranging from copper bracelets to snake venom. Aspirin, however, remains the treatment of choice. The trouble is that in order to suppress inflammation as well as pain, aspirin often must be taken in megadoses-15 to 20 tablets a day. At such levels, it can cause stomach distress, ulcers and hemorrhaging. And so, spurred...
...more than $40 per bbl. in 1980, have been declining dramatically. Since petroleum is the basic raw material for scores of products, such as gasoline, fertilizers and many chemicals, a drop in its price is felt throughout the whole economy. The falling prices of raw materials, including tin and copper, and farm products have also been slowing the rate of inflation...
...Boeing saw its bond rating reduced by Standard & Poor's from AA-to A because it will have to borrow heavily in order to finance the construction of new 767 and 757 airliners. Phelps Dodge, which announced earlier this month that it is temporarily closing all of its copper mines, laid off about 3,800 of its workers and reduced salaries by as much as 8%. A somber Henry Kaufman, the Salomon Bros, economist, informed Congress last month that American business "has been devastated by the debt explosion. Our economy and financial markets are more fragile than...