Word: exportability
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...food-export ban was issued because the government believed, with some justification, that Americans were cleaning out Mexican stores of staple foods, many of which are subsidized by the government. By setting the official exchange rate at 70 pesos to the dollar, the August devaluation sent the price of a dozen tortillas down to the equivalent of 27? (vs. 82? on the U.S. side of the border) and a pound of sugar to 7? (vs. 30?). These items, along with eggs and meat, were among more than two dozen restricted for export...
Part of the plight comes from simple confusion. Once it becomes clear exactly how the food-export ban and currency controls will be enforced, business will settle down, although perhaps not thrive again. The underlying problem of the jittery Mexican peso, however, will probably remain unresolved until after Dec. 1 at least, when Miguel de la Madrid Hurtado takes over as Mexico's new President. That is a short time in the life of nations, but an eternity for beleaguered shopkeepers on both sides of the Border. -By Walter Isaacson. Reported by Sam Allis/El Paso and Cheryl Crooks/Calexico
...megawatts, nearly twice the whole state's present electric-power consumption. The further development of new geothermal sources would be spurred if engineers could design a cable to span the 26-mile, 7,000-ft.-deep Alenuihaha Channel between Hawaii and the other islands to permit the export of electricity...
While Calvi was being prosecuted for the illegal export of capital, police raided the sumptuous Arezzo villa of Licio Gelli, a Tuscan-born businessman with financial and right-wing political links to South America who served as Grand Master of a Masonic lodge known as Propaganda Due, or P2. Police found Calvi's name, along with those of other prominent Italian and South American politicians, military officers and businessmen (including Sindona), on the secret membership list. P2 was trying to support anti-Communist movements in South America and subvert the Italian state by taking control of its institutions through...
...late. The men rushed forward and arrested him. The charge: conspiring to export advanced electronic defense gear illegally. Inside two Samsonite suitcases that Kessler had checked, agents found more than $200,000 worth of radar and communications testing equipment made by Hughes Aircraft Corp. Last week Kessler and two accused accomplices went on trial in Los Angeles. Kessler, wearing a rumpled suit this time, was handcuffed as he entered the federal courtroom. He and Dierk Hagemann of West Germany and Robert Lambert, a California export consultant, sat silently while their lawyers questioned prospective jurors. The products confiscated at the airport...