Word: exportable
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Dates: during 1990-1999
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...even the non-fab world had been forced to take notice of this all-conquering cultural force. The Beatles had become such a huge British export that they were given a royal award: the Member of the Order of the British Empire, or M.B.E. (They took this about as seriously as anyone might have expected, all four of them firing up a joint in a Buckingham Palace washroom before the ceremony, and Ringo commenting on his M.B.E., "I'll keep it to dust when...
...interest. Under pressure from American corporations desperate to get their satellites into orbit, Bush issued nine such waivers between 1989 and 1992--and Gore denounced him as "an incurable patsy." But after Clinton was elected President, he came under the same pressure from business leaders, who argued that the export controls endangered America's telecommunications primacy. Clinton began signing the same waivers (there have been 11 on his watch). In 1996, an American company, Loral Space & Communications, used a waiver to export a $200 million satellite that was destroyed when the Chinese rocket carrying it into space exploded...
...another special prosecutor to investigate President Clinton, Newt Gingrich will settle for the next best thing: A House committee. The Speaker said he'd seek (and likely get) a bipartisan panel to look into whether the President's insatiable need for cash prompted the White House to promote the export of classified missile technology to China. Both the White House and Loral, the U.S. aerospace contractor that worked with China, say they didn't give the Chinese any information they couldn't obtain by reading the latest edition of Janes...
Specifically, the U.S. wants the big new carrier, the one the oilmen call the main export pipeline, to run westward from the Caspian to the Turkish port of Ceyhan, on the Mediterranean, because Turkey is a NATO ally. The U.S. does not entirely trust Russia, which resents the arrival of foreign influence in what were Soviet republics. To Washington, the Islamist regime in Iran looks even less friendly. "The last thing we need," says a White House aide, "is to rely on the Persian Gulf as the main access for more...
...million customers in 100 countries, 162,600 employees and 3,200 offices, and offer every conceivable financial service for individuals and corporations. Under one umbrella you could get money to buy a house or a FORTUNE 500 company, trade stocks, bonds or foreign exchange, insure your life or find export financing. Heck, you could even open a checking account. Says Roy Smith, a professor of finance at New York University: "This new company will look more like Procter & Gamble than it will look like a bank. That's because what is being created here is a retail-products-distribution company...