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...through the Senate two weeks ago, it needed votes from farm-state Senators. As a result, the Administration agreed to help U.S. farmers improve their sagging sales in foreign markets. Keeping that promise, Agriculture Secretary John Block last week unveiled a new program that will in effect subsidize farm exports. Over the next three years the Government will give $2 billion worth of its surplus stock of agricultural commodities, like wheat and corn, to U.S. export companies. Under the plan, exporters will continue to buy grain from American farmers at regular market prices, but could then, for example, combine their...

Author: /time Magazine | Title: Foreign Trade: A Political Plum for Farmers | 5/27/1985 | See Source »

Last week a federal grand jury in Los Angeles indicted Richard Kelly Smyth, a California electrical engineer, on charges of illegally shipping 8,100 Krytrons to Israel without a required Government export license. The case is the result of a two-year U.S. Customs Service investigation called Operation Exodus, designed to stop the flow of military and high-tech equipment from the U.S. Smyth, 55, the owner of a small electronics consulting firm in Huntington Beach, is also charged with lying to authorities by falsely labeling the Krytrons "G-Dest," a term for general-destination, no-license- required goods...

Author: /time Magazine | Title: Nuclear Triggers | 5/27/1985 | See Source »

...When the Israelis were first informed of the investigation by Assistant Secretary of State Richard W. Murphy earlier this year, they apparently were not aware of the export licensing requirements for Krytrons. Prime Minister Shimon Peres last week told a U.S. television interviewer that Israel's close relationship with the U.S. obviates any need to smuggle out sensitive technology. Israeli officials at first did not seem to appreciate U.S. concern about the problem. Federal prosecutors say the Israelis were recalcitrant in the early stages of the investigation but later became considerably more cooperative. State Department officials said last week that...

Author: /time Magazine | Title: Nuclear Triggers | 5/27/1985 | See Source »

...keep their economies intact despite the embargoes. Although the United Nations has supported restrictions on the sale of weapons to South Africa since 1977, that country seems to have suffered few adverse effects. Cuba turned to Moscow and now sends the bulk of its sugar, the country's leading export, to the Soviet Union and the East bloc...

Author: /time Magazine | Title: Why Sanctions Have Not Worked | 5/13/1985 | See Source »

...President's plan called for a cease-fire followed by talks between the opposition and the Sandinista government under the auspices of Nicaragua's Roman Catholic bishops. The aim of the negotiations would be to restore democracy, end any efforts by the Sandinistas to export their revolution, remove Soviet-bloc and other foreign military personnel from the country, and reduce Nicaragua's military forces to a level equal to those of the country's neighbors. The President's key point: while the talks are going on, Congress must release the $14 million earmarked for the contras but tied...

Author: /time Magazine | Title: Taking a Different Tack | 4/15/1985 | See Source »

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