Word: exportability
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...course, Iraq cannot begin to chip away at its reparations bill until it starts earning income again. Baghdad has asked the U.N. Sanctions Committee, which includes representatives of each of the 15 Security Council members, to unfreeze $1 billion in Iraqi assets overseas and to permit the export of $1 billion worth of Iraqi oil. The government says it must have the money to purchase food and other essentials. But the U.S. and Britain remain skeptical, $ insisting that Iraq more clearly demonstrate its needs. They are trying to hold the lid on sanctions to force Iraq's compliance with...
...contributor to the church's international "war chest," pleaded guilty in March to using their rare-coin dealership as a money laundry. Other notorious activities by Scientologists include making the shady Vancouver stock exchange even shadier and plotting to plant operatives in the World Bank, International Monetary Fund and Export-Import Bank of the U.S. The alleged purpose of this scheme: to gain inside information on which countries are going to be denied credit so that Scientology-linked traders can make illicit profits by taking "short" positions in those countries' currencies...
...Bush Administration is considering rewarding the Iranian government for its gulf war neutrality by allowing the export of U.S. satellite technology to the fundamentalist regime. Iran wants to build a $13 billion domestic communications system and aims to buy American hardware and engineering experience. Many European firms have already made bids for satellite contracts, but the Iranians extended the deadline in the hope that U.S.-based companies would be allowed to enter the fray...
...administration officials were not so kind to Dennis E. Kloske '76-'77, undersecretary of commerce for export administration. Kloske told a House subcommittee that prior to the invasion of Kuwait, he had recommended that exports of military technology to Iraq be restricted. He said that instead, the administration chose to follow State Department suggestions to allow purchases in order to maintain good diplomatic relations...
...ground offensive had been over for a month before Schwarzkopf's remarks were televised. The president had already made a decision, and Schwarzkopf had carried it out. In the Kloske case, the decision about export controls had been made a number of years earlier. Kloske merely told the subcommittee how the policy was arrived at and for what reasons...