Word: exportability
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...current farm bill, which expires in 1985, Block last week convened a two-day, closed-door "summit" of farm and agricultural business leaders to thrash out long-range methods for cutting costs and surpluses and aiding farmers. High on the agenda: the nation's sinking share of farm export trade, resulting from a strong dollar, world recession and stiffer competition from overseas...
...bushes to grab their victim as she pulled her Mercedes into the driveway of the Quinonez home in the wealthy Miami suburb of Coral Gables. They then drove her to the hideaway in Washington. Calling from telephone booths in Miami and Washington, they negotiated with her husband, Export-Import Dealer Roberto Quinonez Meza, for a ransom of $1.5 million. Disobeying the kidnapers' orders, Quinonez had notified the FBI the first day of the abduction and had taken calls from the kidnapers in the FBI's Miami field office. By wiretapping the calls, the bureau was able...
Customs officials admit they lack the expertise to identify military parts that are illegal to export. An agent in Washington reveals that for two years one U.S. firm sent crates marked TRACTOR ENGINES from Boston to Iran. Even though the crates had been inspected, it took a new inspector with military experience to note that the engines were equipped with superchargers. They were replacements for the engines used in U.S.-built M-60 tanks...
...deal with the U.S. according to our program of energy." In 1978, while he was running Pemex, Mexico abruptly canceled a natural gas sale after the U.S. refused to meet the Pemex price. In June 1981, after the worldwide oil glut had forced Mexico to lower its export price, Díaz Serrano suddenly resigned from his Pemex post after his enemies charged that he had not cleared the price cut with Lopez Portillo...
...Africa. When Mengistu visited Moscow last year, the Soviets asked for repayment of at least part of the $2 billion they had loaned for arms. The Ethiopian leader reportedly just shrugged his shoulders and told his hosts that his country could not pay. Indeed, it cannot. Ethiopia's export earnings in 1981, most of it from coffee, totaled a mere $398 million. Says a Western official: "The Soviets will have to accept the cost of underwriting a Marxist revolution or risk losing their staunchest ally in Africa...