Word: exportability
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Dates: during 1970-1979
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...case, Bergland anticipates better times soon. Expecting that export demands from the Soviet Union will grow next year, he expresses "guarded optimism" for grain prices. Indeed, commodity prices have risen slightly during the past two months, and farm prices were the largest contributing factor to the 1.5% increase in wholesale prices during that period-just as militant farmers were trying to drum up support for their strike...
Prominent among the doubters is Mike Royko, whose syndicated Daily News column is the city's chief journalistic export - and a favorite Madigan target. Madigan has pilloried the Daily News and its rivals for burying an account of the columnist's arrest last winter in a barroom brawl, an incident Madigan recounted in loving detail. The radio scold frequently delights in picking Royko's nits. The columnist last month reported that Mayor Bilandic, in firing Consumer Sales Commissioner Jane Byrne, had also fired her secretary, the mother of six children. The secretary, Madigan pointed out, was merely...
News of the purchase renewed Italian ire at the loss of yet another art masterpiece to the U.S. Sergio Matteini Chiari, a magistrate in Gubbio, filed a charge of clandestine export of an artwork against "unknown persons." Until he can fill in the names, however, the action has little force. Higher Italian officials are considering more effective moves, including complaints to Washington...
Complaints that Japan is flooding world markets with cheap exports are hardly new, but never have they been as vehement as this year. With good reason: partly because Japan's home economy-the third biggest in the world, after the U.S. and the Soviet Union-has shown little growth, its industrialists have launched a spectacularly successful export drive. Despite a rapid climb in the value of the yen, which should raise the price of Japanese goods in world markets, the nation's surplus of exports over imports is heading toward a record $15 billion this year, draining money...
Apart from U.S. pressure, Fukuda has other compelling reasons to push for faster domestic expansion rather than more exports. In the third quarter, Japanese production of goods and services, discounted for inflation, rose at an annual rate of only 4.4%. To a country used to much more rapid growth, that has been a shock. Japanese business firms are failing at the high rate of 1,500 a month, and unemployment, for all the vigor of the export industry, has edged up to 2.1% of the work force. In almost any other country, that would be considered low -but Japanese workers...