Word: exportability
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Dates: during 1970-1979
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...from the boom. The British government eventually will be extracting about $1.2 billion a year in taxes from private producers operating in its area of the sea-in addition to its interest in the profits of British Petroleum, which is 48% owned by the crown. Norway will have to export the oil from its area, since the undersea terrain makes building a pipeline to Norway impossible. Two weeks ago, the Norwegian Parliament approved a proposal to pipe oil from its Ekofisk fields to Britain and gas to Germany. By 1980, sales of North Sea oil could be providing the equivalent...
...didn't think it was a craze we wanted to export from Harvard," he explained. Epps said he did not request a demonstration of the practice from the students, and that he had "no desire" to eat lightbulbs himself...
...Life. British, German and Japanese export models are being offered at no extra cost despite the devaluation of the dollar. They include a posthumous Yukio Mishima novel (Runaway Horses), the second volume of a tetralogy that began with Spring Snow; Nobel Prizewinner Heinrich Böll's Group Portrait with Lady, a study of private lives in Nazi Germany; and two of the best books ever done by Iris Murdoch and Doris Lessing. In The Black Prince, Murdoch has happily abandoned those platoons of characters for a manageable menage a six (or so). The result is an engaging exercise...
...provide the aircraft of the future-when the airlines are ready. But if the market opens up sooner than they expect-and worldwide air travel is growing at 12% annually-then the U.S. balance of payments could suffer badly. The aerospace industry for years has generated a bigger net export balance than any other manufacturing business. But a trade analyst in the Commerce Department estimates that the aerospace balance of payments "could become negative as early as 1976 and, if U.S. airlines go abroad to buy their twin-engine wide-bodies, STOLs and supersonics, could grow to an unfavorable total...
...former U.N. ambassador Charles Yost announced that the U.S. would officially discourage investment by American business in Namibia, would cut off Export-Import Bank guarantees and would not protect investments made since 1966. But none of the measures the U.S. government has taken to prevent investment have been effective. Many corporations--including Phillips Petroleum, Continental Oil, U.S. Steel and Bethlehem Steel--have decided to invest despite official policy...