Word: exportability
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...trade deficit reached a record $11.43 billion in May. Export growth in merchandise and a $300 million decrease in auto imports were offset in part by crude oil imports, which rose to their highest level in more than four years. The deficit was more than $1 billion higher than some economists expected. SPORTS...
...second month in a row after 20 consecutive months of advances, according to the National Association of Purchasing Management. The June level is the lowest since May, 1991. But as business slows at home, it seems to be strengthening abroad. One bright spot in the NAPM report: export orders were up, a reflection of productivity improvements, a cheaper U.S. dollar and softening prices for raw materials...
...Islam but have distanced themselves from the revolution and its strict way of life. Pervasive corruption and a troubled economy have deepened disillusionment, and in recent months serious riots have broken out in several cities. Meanwhile, the U.S. and Israel regard Iran as a rogue state that seeks to export terror, build nuclear weapons and sabotage the Middle East peace process. When the Clinton Administration recently imposed a complete economic embargo, the rhetoric was harsher than that against any other country. But however real the threat from Tehran may be, one factor is not widely understood: the revolution is decaying...
...applied to societies based on order and stability. There is the argument from economics: undue press attacks undermine development. There is the argument from idealism: an irresponsible press is apt to spread racial and ethnic hatred. All of these assertions contain elements of truth. It is nearly impossible to export the First Amendment to countries without deep roots and habits of freedom. In many parts of the world, journalists lack any tradition of objective reporting. But for the most part, the fight against press freedom comes down to politicians protecting themselves and the status...
...employment. All this downsizing, which has come on top of a severe three-year recession that ended last October, helped push Japan's traditionally low unemployment rate to 3% last year, the highest since 1987. "If the yen continues to appreciate," says Shigeki Tejima, a senior economist at the Export-Import Bank of Japan, "Japanese companies will be forced to stress international competitiveness more than maintaining jobs at home...