Word: exportation
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Dates: during 1980-1989
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...White House. Last Wednesday he surrendered his pass, and the next morning was ignominiously turned away at the gate. His office has been sealed by the FBI. If it is established that North was behind the arms sales, he may be prosecuted for violation of the Arms Export Control Act, which requires congressional notification of all American arms transfers. A friend of North's recalls that the Marine often joked about the possibility of being jailed or court-martialed. For Ollie North, it was all in the line of duty...
Next, at least three arms-export laws include bans against the export of U.S. arms to countries that support terrorism -- and the Reagan Administration has formally identified Iran as such a country. The laws do provide waivers that allow the President to skirt them in the event of a crisis, but they generally stipulate that the White House notify Congress, which it did not do. More generally, the Intelligence Oversight Act requires prior notice of covert operations to the House and Senate intelligence committees...
Last January, under pressure from Washington, Duarte announced a plan to strengthen the economy and reduce dependence on U.S. largesse. He devalued the Salvadoran colon by 50%, which led to consumer price increases, and imposed a tax on coffee, the country's main export, to pay for the war. With an average per capita income of $535, El Salvador now faces as much as 50% unemployment, up to 40% inflation and a flight of capital as wary businessmen invest overseas. To make matters worse, half a million people have been forced from their homes by the war. The earthquake, which...
...home videotext network. Begun with a flourish in 1981 when the French Postes Telephones Telecommunications seeded a village in Brittany with 1,500 free terminals, the operation today boasts a network of 2 million units. Minitel's success has been so astounding that the French government is attempting to export the system to the U.S. "To find oneself at a Minitel screen able to converse freely with four or five people is new -- there is no equivalent," says Francois de Valence, editor of the glossy Minitel magazine. "It's like an electronic cafe...
While the newcomers multiply, Japan's automakers continue their relentless march. They are expected to export to the U.S. all 2.3 million vehicles permitted under their self-imposed quota this year, exceeding last year's 2.2 million -- a formidable achievement, considering that the value of the Japanese yen is more than 20% higher in relation to the U.S. dollar than it was a year ago. The currency hike, experts believe, has added about $1,300 to the average production cost of an imported Japanese car. Even so, industry executives estimate that Japanese compacts and midsize cars still cost roughly...