Word: copperizing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Teheran agreement illuminates the new power over industrial countries that the world's producers of raw materials can exert if they act in unison. Having made his point with oil, the Shah of Iran last week was talking of forming similar groupings of nations that produce coffee, copper, tin, rubber and other commodities to bargain with consuming countries...
People's Courts. Allende's No. 1 priority has been the full nationalization of Chile's copper mines, many of which are already partly owned by the government. Last week, in a preliminary step toward that goal, a Senate committee gave approval to a constitutional amendment permitting the government takeover and giving Allende wide bargaining powers in compensating the three U.S. corporations (Anaconda, Kennecott and Cerro) who now hold part-ownership. The companies are claiming that they have invested over $ 1 billion in the mines; the government is unlikely to set the sum anywhere near that high...
...Episcopalians might have better luck against the proposed copper mines. After Bishop Francisco Reus-Froylan of Puerto Rico persuaded the church to hold hearings about the project, five other denominations with extensive stock in the mining companies joined the inquiry: the American Baptist Convention, the United Methodists, the United Presbyterians, the Lutheran Church in America and the United Church of Christ. The hearings in Puerto Rico revealed cause for concern; among other things, they showed that neither government nor mining firms had made plans for relocating displaced farmers, and that no conclusive investigation of environmental hazards had been completed...
...product. Its per-capita income has increased only 1.5% a year in the past decade, and its share of world exports has declined from 2.6% in 1963 to 2.3% in 1969. Much of its economic malaise can be traced directly to the dizzily fluctuating prices of its export commodities. Copper (94% of Zambia's export and 60% of the Congo's) dropped in value from $1,600 a ton last March to $1,140 in August. Sisal (once Tanzania's leading export) has dropped from $18.16 per 100 Ibs. in 1963 to $6.64 last August. Statistics about...
...coming decades, Black Africa may have to rely heavily on itself for economic development. Private investment has always been inadequate, except in exploiting proven natural resources-Nigeria's oil, Zambia's copper, the Congo's minerals. Foreign aid will be harder to get and more expensive to accept than ever. In the face of what they regard as apathy from the West, some African governments have turned to the Communist powers for help. Tanzania and Zambia have begun construction of a 1,161-mile, $450 million railway that is being paid for with an interest-free loan...