Word: exporting
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...letter to Kennedy, Rockefeller expressed confidence "that the thoughts I express are shared widely within the financial and business community, both here and abroad." To help solve the U.S. balance-of-payments deficit, he suggested several measures, among them cutting military expenditures abroad, tying more foreign aid to U.S. exports, pushing an export drive, and keeping interest rates firm, or even raising them, to attract investment by foreign capital. But the heart of the problem, said Rockefeller, was the general posture of the U.S. economy, in which he saw "a vicious circle of events; namely, a constant rise in costs...
...Ottawa it was clear that someone had begun laying the groundwork in early May. Washington was so well braced that Canadian representatives were able to sew up the credits ($300 million from the International Monetary Fund. $400 million from the Export-Import Bank, $250 million from the Federal Reserve Bank of New York, $100 million from the Bank of England) just two hours after they arrived at IMF headquarters...
...trust fund for his widow went the $6,982,000 remainder of the $37.2 million estate left by Broker-Businessman Charles Ulrich Bay-taxes, administrative costs, and bequests to charities took the rest. But Josephine Bay Paul, 61, who took over from her husband as board chairman of American Export Lines and president of Wall Street's A. M. Kidder & Co., is still a very rich woman. She has the $13.5 million Bay left her before he died in 1955, is now married to wealthy Broker-Oilman C. Michael Paul, and cuts such a figure on the New Frontier...
...looked bleak indeed. The industrial giants with major markets in Venezuela could vault the new import wall easily enough by building Venezuelan plants-as Ford Motor Co. and several others have already done. But for foreign firms whose Venezuelan sales were too small to support a separate factory, another export market seemed about to go glimmering...
...Export-Import Bank has lent it $1.5 million, and the Venezuelan government (which stands to save $3.3 million a year in foreign exchange through INSA's operations...