Word: exportability
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Stricter Controls. Meanwhile, Bonn's relations with Washington remain cool. Although Carter at the London summit in May eased up on his demands that Schmidt should reflate the German economy, deep differences on nuclear policy remain. Bonn two weeks ago announced it would stop "for the time being" export of nuclear reprocessing and recycling plants. Schmidt insists that the Carter goal of a permanent ban is "unrealistic," since countries seeking atomic technology can easily buy it from the Soviet Union. When the two leaders meet in Washington in mid-July, Schmidt will repeat his argument to Carter that nonproliferation...
...populated by roughly 220,000 people, mostly impoverished nomads whose average cash income is less than $50 a year. Djibouti comes to independence, after 115 years of French rule, with only three college graduates, no industry other than a pair of soft-drink plants, no agriculture whatever and an export trade restricted to hides and skins (goats outnumber people by better than 2 to 1). "If it were anywhere else," says an Arab diplomat in Djibouti town (pop. 140,000), "nobody would care about this godforsaken place. But because it is where it is, Djibouti matters to many, from neighbors...
Even if the objections could be overcome, there would still be an oil overflow until one or another of the schemes could go into effect. As a temporary, though unlikely, patch, it has been suggested that the U.S. export Alaskan crude to Japan, swapping it for part of Japan's supply of oil from the Middle East. But that would require presidential approval and congressional concurrence. The President's decision is expected this week or next. The only other immediate way to use all the oil would be to ship it by tanker through the Panama Canal...
...about two years coffee drinkers have bitterly watched prices jump from $1.46 a Ib. to more than $4. A crop-killing frost in Brazil in 1975 touched off frantic bidding by buyers who feared a shortage; several coffee-producing countries aggravated the rise by increasing export taxes on the beans. Now the U.S. Department of Agriculture forecasts that Brazil, which normally grows about a third of the world's supply, will harvest about 17 million bags of beans in the crop year that begins Oct. 1-not far from double the 1976-77 crop of 9.5 million bags...
...indeed. Last year the company accounted for 43% of French aircraft exports, worth $900 million, and earned profits of $35 million. As of the first of the year, it had turned out 1,312 Mirage III and Mirage 5 jet fighters (of which two-thirds were exported). Its export sales of warplanes, including the Mirage F1, the Alpha Jet and the Jaguar (built jointly with the British Aircraft Corp.), are unsurpassed by any other European military-aircraft maker...