Word: exportability
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...since 1578, when Sir Francis Drake sacked Cadiz and sailed away with 3,000 casks of the rich, golden drink, have Spanish vintners been so outraged by British treatment of their proudest export - sherry. In London's Royal Courts of Justice, Spanish and British wine merchants are arguing a question that, depending on who loses, could sour a big business. The question...
...mark of distinction is not automatically stamped on every British theatrical export. The Bristol Old Vic, which made its Broadway debut with two Shakespearean plays last week in the midst of a four-month tour of the U.S. and Canada, is, as its name implies, a provincial repertory troupe. The company tends to substitute energy for excitement; it gives drama the steady, dependable joggle of a railroad trip, instead of scaling peaks or plumbing abysses. The actors read their lines with unfaltering clarity, but they seem less well acquainted with the minds and hearts of the characters they are playing...
...dropping all barriers to the import and export of francs and securities, and by ending restrictions against converting the franc into other currencies, De Gaulle's government aimed at raising France's relatively low standing as an international financial center. Frenchmen can now hold accounts in foreign banks, pay for hotel bills, purchases and apartments abroad with a French check. Though foreign investment and borrowing in France remain subject to some restrictions, foreigners can now freely acquire up to 20% of the capital of a French firm, invest in French stocks, buy French property...
...London last week to thrash out a solution to the price problems. Because of slack demand, coffee has slipped in the past year from 4310 per Ib. to 3810. To prop the price at a more acceptable level, the I.C.O. in all probability will slash producers' export quotas to bring supply more in line with demand. In the four years since the I.C.O. was set up, such klatsches have helped stabilize the market to the benefit of growers and drinkers alike...
...taboo that only coffee is important." More with Less. Under the plan, growers are being offered up to 220 for each of Brazil's 3.7 billion coffee trees that they plow under. The idea is to cut production back by 20% to match what Brazil really needs for exports and home consumption. At the same time, planters are being encouraged through price supports to convert coffee land to rice, beans, corn and other crops in short supply. To put pressure on big operators, the government has put the lid on currency inflation, there by trimming Brazilian shippers' export...