Word: exoduses
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Some Hawaiians fear that the exodus of Big Five capital bodes ill for Hawaii's continued growth. Hawaii's economy, which has recently lost some of its zip, rests precariously on four principal sources of income-sugar, pineapples, tourism, and military spending. Any decrease in agricultural income without offsetting increases in tourism and military spending, would be a serious blow and critics of the Big Five argue that by taking their know-how abroad, the companies may actually help foreign producers to cut into Hawaiian pineapple and sugar sales. In rebuttal, defenders of the Big Five insist that...
...settling for suburban elegance. Mali is following the lead of such other African nations as Guinea, Nigeria and the Ivory Coast, which last year bought a 36-room mansion for its U.N. ambassador on Long Island. One unvoiced reason for the exodus is the difficulty that Africans have encountered in obtaining adequate quarters in New York City. And. like those of many other small nations, Mali's foreign service is largely concentrated in the U.N. -it has only eight other ambassadors throughout the world outside Africa...
Light Bulbs & Cigarettes. By contrast with the numbing depression that gripped their city when the Wall went up, Berliners were good and mad last week; there was no talk of an exodus. Said one: "We've pretty well separated the men from the boys by now." Pan American, British European Airways and Air France, the airlines serving West Berlin, were flying dozens of flights daily, with big loads coming as well as going...
...savings accounts were at the record level of $366.5 million, $20 million higher than in early August last year. Although West Berlin's industry was beginning to feel the effects of the tapering West German economic boom, there were still job vacancies for 29,000 workers. The panicky exodus of thousands from West Berlin in the days immediately after the Wall was built has been halted; nowadays about the same number of people come to West Berlin to live as leave it. The city's officials happily report that it is the young who arrive...
Withering on the Vine. This year, half of Algeria's 1,000,000 Europeans have fled; the French government tried to minimize this exodus as a "seasonal departure," to which the satiric weekly Le Canard Enchaine replied: "A seasonal departure which takes place once every 132 years." The wine harvest, which provides 50% of Algeria's exports, is withering on the vine as farmers leave for France, and one of the best wheat crops in history will barely top last year's drought harvest...