Word: exportability
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...questions about U.S. motives for the invasion. Late last week the State Department finally released 196 pages of its vast stockpile. The documents did not quite represent the "smoking gun" needed to substantiate President Reagan's claim that Grenada was being transformed into a "major military bastion to export terror and undermine democracy." But the papers did offer solid evidence that Grenada's Marxist government had grown increasingly reliant on its connections with Cuba, the Soviet Union and North Korea, especially for arms. Together with other documents seen by TIME last week, the State Department's trove...
Despite the export surge, Japan's overall growth rate of 3.4% is sluggish by Asian standards. Reason: consumer demand inside Japan is lagging. Cameras, cars, television sets and other appliances have become so ubiquitous in Japan, said...
These tremors notwithstanding, Hong Kong's export industries are so strong that the colony has been able to reach a 6% growth rate. Chen forecast that expansion will slow to perhaps 4.5% next year. The weakness of Hong Kong's currency in the international exchange markets has fanned the inflation rate, which is now 12.5% and will remain at least 10%, Chen said, through...
...successes in the Third World. Both U.S. strategic interests and the welfare of Grenada and its neighbors are well served, the Administration's argument goes, by ejecting the Cubans and their East-bloc partners. Grenada "was a Soviet-Cuban colony being readied as a major military bastion to export terror and undermine democracy," Reagan said in his televised speech last Thursday. "We got there just in time...
...decade ago, President Nixon's grandly symbolic visit to China presaged a new era. In 1979, under President Carter, the two countries established formal diplomatic ties. Shortly afterward, in January of 1980, Defense Secretary Harold Brown went to China with word that the U.S. was willing to export to Peking items of high technology, though not weapons. The Chinese were eager to buy and later presented the U.S. with a secret shopping list...