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...dearly. Contrary to their expectations, Vietnamese military commanders have seen their Cambodian campaign extend well into the rainy season, and there is no end in sight. Viet Nam's own economy is in bad shape, in part because of the Cambodia war, but also because of several bad crop years compounded by gross mismanagement. Viet Nam suffered enormous damage to its northern provinces during its fierce one-month war with China. Factories, schools, office buildings and other structures were demolished. Though the war has been over for several months, normal life has yet to return to the devastated areas...

Author: /time Magazine | Title: SOUTHEAST ASIA: A Rescue Plan at Last | 7/30/1979 | See Source »

Joanna Thayer San Francisco OPEC countries are "one crop" countries. Do you want them to give away their only crop or sell it cheap to a wasteful country like ours...

Author: /time Magazine | Title: Letters, Jul. 23, 1979 | 7/23/1979 | See Source »

...country's major industries, located primarily on an eight-mile stretch of the Pan American Highway near the capital, have been destroyed by the government bombings directed against the guerrillas who were camped there two weeks ago. More serious is the destruction of Nicaragua's crops: agriculture normally provides 80% of the country's foreign exchange. This year's harvest of the country's leading farm export, cotton, has been all but lost, and planting for next year's crop has been curtailed by the fighting. The picking of coffee beans, Nicaragua...

Author: /time Magazine | Title: NICARAGUA: Somoza on the Brink | 7/16/1979 | See Source »

...futures prices began early in June, when the DOA confirmed rumors that because of late planting and un usually dry, windy weather this spring, the 1979 Soviet grain crop could come in at between 170 million and 210 million metric tons; that would be far under the record 237 million metric tons harvested in 1978 and as much as 25% below the Kremlin's target for this year...

Author: /time Magazine | Title: Business: A New Soviet Grain-Buying Spree | 7/9/1979 | See Source »

...happens, U.S. grain elevators are bulging with enormous stocks, particularly of corn; at last reckoning the corn supply stood at 82.1 million metric tons, which is 14% more than was on hand in 1978. In addition, the winter wheat crop, which is now being gathered in and commonly accounts for three-quarters of the nation's yearly wheat production, is estimated to be a hefty 1.43 billion bu., 8% more than was expected in May. Though beef will remain in short supply until ranchers finish rebuilding their still skimpy herds, pork production is at near record levels and poultry...

Author: /time Magazine | Title: Business: A New Soviet Grain-Buying Spree | 7/9/1979 | See Source »

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