Word: exporters
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...French government, according to the U.S. announcement, has now agreed to do just that; it has promised to refuse export licenses to the U.S. to any French company using nickel from Cuba. The U.S. will simply accept the French government guarantee, has already released all the impounded shipments. Le Nickel plans to use the Cuban metal for non-U.S. customers, will supply U.S. buyers from its main mines in New Caledonia. For that purpose, it has signed preliminary agreements with Kaiser Aluminum to form two joint companies, one in New Caledonia to step up nickel production and another...
...ccsta, a hamper of food, wines and liquors, some of which cost up to several hundred dollars and require several men to transport. The British are big on food hampers, desk equipment, pen and pencil sets and cocktail accessories, have stepped up their overseas giving as part of their export drive. Germany's most common gift is the calendar, followed by leather goods, such metal goods as pocket knives and scissors and desk equipment. Everybody seems to be fond of giving such gadgets as a blinking alarm clock or a pocket vacuum cleaner...
...existing interests in apartment buildings, supermarkets and the rapidly rising $1,600,000 President Hotel. Mrs. Suni Telan, 44, has just announced that she intends to sell stock in a new holding company that will be set up to control her far-flung business fiefdom, which includes hotels, an export-import firm, rice mills, teak and mining companies, an aluminum-fabricating plant, and real estate...
Outlawed Stamp. Not quite so funny were the new economic sanctions that Wilson slapped on Rhodesia. In addition to the embargo on Rhodesian tobacco and sugar (the nation's major crops), Britain also banned imports of asbestos (a $30 million export item last year), copper, lithium, chrome, iron, steel and meat. That made the embargo 95% complete. Simultaneously, Wilson ordered a halt to interest payments, dividends and pensions from Britain to Rhodesian residents, thus damming a flow of income that totaled some $25 million last year. He even outlawed Rhodesia's bright new independence postal stamp as British...
...program may be arranged directly with individual countries since they will be used to pay for the purchase of Spanish trucks, industrial machinery and other manufactures. Owing to a swelling demand for imports, Spain is heading for a $200 million balance-of-payments deficit in 1965 and must find export markets for her growing factory output. Explains Láureano López Rodó, 44, Franco's top economic planner: "Credits are a means of selling, and since our fundamental problem now is our export problem, I believe we should try to put ourselves in a competitive position...