Word: exporting
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Dates: during 1960-1969
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That seems to be the easygoing appraisal of the U.S. Export-Import Bank in granting loans totaling $47.5 million to Indonesia last week for 1) a plant to use the natural gas of Palembang's oilfields for making fertilizer for Indonesia's rice terraces, 2) an electric power plant for East Java. The loans, largest to be granted by the bank to Indonesia in ten years, were announced just five weeks before Soviet Premier Khrushchev's scheduled good-will visit to Djakarta. Flashing his brightest smile, President Sukarno assured housewives on a Djakarta street corner that...
...Exporters. In 1947, spurred on by the Attlee government's Town and Country Planning Act, local authorities throughout Britain began to corset the nation's expanding cities with "green belts"-strips of unspoiled country in which no new housing or industrial construction is permitted. More drastic yet, the cities themselves began organized relocation of their citizens, either to smaller cities eager for labor and industry or to the "new towns"-self-contained communities complete with factories, such as Stevenage (pop. 30,000), which were thrown up by the planners' decrees. So far, 420,000 Britons have been...
...EXPORT INCREASE in 1960 will raise U.S. total to $18.5 billion, forecasts National Foreign Trade Council. Imports should rise by $500 million to $15.7 billion, leaving trade balance at $2.8 billion...
...self-contained rechargeable 12-volt battery was announced by Tokyo's Sony Corp. The set weighs only 13 Ibs., measures 6¼ in. by 8 in., with a rectangular screen running 8 in. diagonally. Sony will start selling the set in Japan in March, plans to export soon after. Japanese price: about...
Died. Truman Bailey, 57, designer and craftsman who was inspired by the rich variety of artifacts he uncovered in Peru to set up a shop to revive long-dormant native arts, developed such a thriving export business that the Peruvian government took it over; in Lima, Peru...