Word: exporter
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...also announced that President Boris Yeltsin and President Clinton will hold a summit in Washington in late September. And in a cementing of relations with other Western allies, Yeltsin signed a trade treaty with the European Union. The deal involves no direct subsidy but will enhance export prospects for Russia. European Commission President Jacques Delors termed the pact "the most global agreement that the E.U. has ever signed with another country...
From the land of Pilsner comes an odd new export: dehydrated beer. Brewer Jan Oliva, who co-owns a malthouse in the Czech Republic town of Bruntal, says that when you add water to his beer powder and wait 10 days, you get a cool refreshment that "looks like beer, tastes like beer and has a head too ... It is beer, and a good one at that...
That is good news for the entire world. Even with the U.S. well into its recovery, the slump in Japan and Europe has dragged down the global economy, hurting demand for raw materials and other export goods from developing countries. But last month the Organization for Economic Cooperation and Development (O.E.C.D.) reported that it was revising upward its 1994 growth estimates for Germany, the powerhouse of the European economic engine, from 0.8% annually to 1.8%. The organization now predicts the Japanese economy will expand 0.8% in 1994 -- last year it grew 0.1% -- and the European Union 1.9%, vs. a drop...
...Three auto exports from the U.S. and Canada to Mexico for the first quarter reached 9,925 units, compared with 9,479 exported during all of 1993. Chrysler, Ford and GM are expecting to export a combined 55,000 cars and trucks to Mexico...
...line by denouncing the military-installed puppet government of President Emile Jonassaint. Now they watch as their companies spiral toward ruin. The day before the embargo took effect, Georges Barau Sassine stood above his factory floor as 430 employees sewed the last shipment of Disney children's wear for export to the U.S. "We're all closed," he declared as he popped tablets for an upset stomach. "They're destroying those of us who give jobs. It's so absurd...