Word: exporting
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Dates: during 1950-1959
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...American musiús (Venezuelan slang for any foreigner, from monsieur) range from topflight oil-company executives and managers of U.S.-owned factories or assembly plants (cars, tires, chemicals, etc.) through a wide spectrum of salesmen, admen and promoters to some all-purpose operators that the others call "export bums." U.S. and other foreign companies have contributed heavily to Caracas' great private building boom, but the government splurge of public works is more than twice as big. The Centre Simon Bolivar, a complex of twin 30-story office buildings, underground parking areas, landscaping and traffic routes, is nearing completion...
...pushing the reactor program, Britain has more than domestic power in mind. "We must look forward," says the white paper, "to the time when a valuable export trade can be built up. The experience gained by British industry in designing and building nuclear power stations during the next ten years should lay the foundations for a rapid expansion both at home and overseas . . . We shall then be in a position to fulfill our traditional role as an exporter of skill...
...coffee drinkers got a welcome treat last week. After Brazil cut the minimum export price to 53.8? a lb. (v. 87? last June), prices tumbled to the lowest levels in more than a year. General Foods Corp., biggest U.S. roaster, clipped 5? off the price of Maxwell House, pushed the wholesale price down to 97?. A. & P. Co. slashed its Eight O'Clock coffee from 89? to 79? a lb. Standard Brands cut 10? a lb. off Chase & Sanborn...
...month-old strike at the big Northern Rhodesia mines, and rising European demand. Although copper prices steadied at 33? a lb. in the New York market. London was offering 44? and up. As supplies grew short, the U.S. Government refused to dip into its low stockpiles, instead banned the export of all domestic refined copper, limited copper scrap export to 12,000 tons for February and March...
...Bradys have found sulphur in still a third area, Salinas, and formed their own Gulf Sulphur Corp. They get the same profitable deal the Mexican government has made with the other companies: a 20-year agreement under which they pay production royalties of between 4% and 15%, plus an export tax ranging...