Word: exporting
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...brothers for several years shared a bachelor pad in Coral Gables, Fla., but their first major business venture together was a $118 million plan to grow and export hazelnuts from the former Soviet republic of Georgia. This seemed attractive in light of a booming Western demand for hazelnut-flavored confections. Along with Stephen Graham, Tony's sometime partner and an occasional advanceman for Mrs. Clinton, the brothers flew to Georgia in August to look over the operation...
...Justice Department decided to make McDonnell Douglas a whipping boy ? or did the company knowingly supply machine tools to a Chinese cruise missile factory? It'll probably be up to the courts to decide the answer, following Justice's decision to indict the company Tuesday for violating its export license by supplying sophisticated equipment that it allegedly knew would be used for military purposes. "McDonnell Douglas claims that a Justice Department, under pressure from Republicans to get tough on China, is picking on the wrong target here," says TIME correspondent Viveca Novak. "But the government wouldn?t proceed unless...
...four years is good news for President Andres Pastrana - and for President Clinton?s efforts to persuade Congress to part with $1.5 billion in aid to Pastrana?s government. Colombian authorities on Wednesday arrested 30 people on drug trafficking charges, including leaders of a cartel that claims to export 30 tons of cocaine a month into the U.S. "This looks like a very important bust," says TIME correspondent Elaine Shannon. "They?ve arrested some of the key figures in the international drug trade - the Miami DA called it a who?s who of kingpins. And that?s a happy coincidence...
...enriches the education of Harvard students, and thus enhances the University's contribution to the region's human capital" the report says. This may lead to economic growth in and out of the area, making Harvard an "export industry" in itself...
North Korea and investment by American firms in the country?s torpid economy. But don?t expect to see your local deli carrying North Korean kimchee any time soon ? prospects for trade may be somewhat limited by the fact that the famine-ridden communist country?s most important export in the post-Cold War years may well have been the very missiles it has now undertaken to curb...