Word: exportability
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...keen on boosting exports to Japan, but Ronald Hoffman may have gone too far. Federal agents arrested the Beverly Hills executive on June 14 for illegally exporting software designed for the Strategic Defense Initiative, or Star Wars. Five Japanese companies, including Nissan Motor and Mitsubishi Heavy Industries, have acknowledged buying the software, called Contam. Estimated prices: $150,000 to $450,000. Hoffman, 51, allegedly obtained the technology, designed for identifying missiles by their exhaust plumes, while working as an engineer on a Star Wars project in Los Angeles. If convicted, he faces a $1 million fine and ten years...
...Poland for more than 50 years, is shifting into high gear. Next year the Turin-based company will start building the first of 1.5 million Micro subcompacts in a ten-year venture with FSM, one of Poland's major car companies. To help recoup its investment, Fiat plans to export one-third of the Micros (estimated retail price: $6,000) to Western Europe...
...politicians have begun to argue that the East-West confrontation will be replaced by North-South hostilities, which is to say a rising conflict between the haves and the have-nots. Islam is a religion that has appeal for the deprived. Moreover, although Tehran has yet to successfully export its revolution, the determination of Iran's fundamentalists to spread their radical brand of Islam raises the specter of subversion throughout the region...
...aerospace industry has been one of the top beneficiaries of the export boom. Last week Boeing announced a $4.8 billion deal to sell 23 new 747-400 jumbo jets to Korean Air Lines, which had earlier bought nine of the planes. All told, Boeing has 161 foreign orders for airliners, which range in price from $35 million to $130 million apiece. Even small U.S. firms have made impressive inroads abroad. Trilling Medical Technologies, a Carlstadt, N.J., firm of 50 employees that sells burn-protection products, has seen its international sales increase 400% during the past year...
Poker may be the most successful U.S. export these days. Here at Binion's, where tournament poker took shape in 1970, there are good players from India, Sweden and other places that seem unlikely. Dewey Tomko estimates that there are only ten or 15 really successful players, whose lives and incomes would be comparable to those of the world's best tennis professionals. Sure, he admits when an eyebrow is raised, there are a lot of others who scuffle along at $200,000 a year, "but that's as bad as having...