Word: copperizing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...shares a 1,600-mile southern border with Angola and is locked in by the M.P.L.A-controlled Cabinda enclave in the north. Although Zaire has not suffered nearly so much economic damage as Zambia, it too has been hit hard by the loss of the Benguela-Lobito outlet for its copper and other exports. Should the F.N.L.A-held city of Santo Antonio do Zaire, at the mouth of the Congo River, fall to the M.P.L.A., the Luanda regime would have control over Zaire's only major outlet to the sea. Mobutu is due to meet sometime this month with his cross...
Zaire, which has been hurt by a drop in the world price of its chief export, copper, recently fell months behind in paying off the $1 billion it owes to U.S. private banks and has only lately caught up with the help of the International Monetary Fund. Other copper exporters, including Zambia, Chile and Peru, might seek extensions of their loans. Bankers emphasize that a stretchout of repayment schedules by no means implies that the loans will eventually go into default, but the banks will have to wait to get their money back...
...lakes, athletic facilities which include a domed tennis building with more than 25 courts, a hockey rink, polo field and colliseum-like football field. One of the small groves hides a Greek amphitheater. Beautiful pieces of sculpture rest undisturbed on the lawns. The buildings are low and beautiful, with copper roofs and leaded windows...
...Chileans and Argentines are already eying the mineral potential of the Antarctic Peninsula, a natural extension of the tin-and copper-rich Andean cordillera. New Zealand continues to call the region that includes McMurdo its Ross Dependency...
...been reinforced by the worldwide recession. If nothing else, the slump demonstrated how dependent the developing economies still are on the prosperity of the First World. When the industrialized West's consumption of LDC raw materials dropped, so did the price of many commodities. The world price of copper, for example, has plummeted from $1.52 per Ib. in mid-1974 to 53? today. To cover deficits caused by the loss of sales to the West and the increase in imported oil prices, many developing countries have had to borrow heavily. Their total foreign debt will reach an estimated...