Word: exports
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Dates: during 1960-1969
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...machines, empower the President to appoint arbitrators to settle lengthy strikes, gradually remove all farm-production controls and replace "the obsolete concept of parity" with support prices based on overall prices in the modern economy, help marginal farmers find other jobs, expand the "Food for Peace'' surplus-export program...
...facing ruin," said a major South African exporter of peanut oil, as the ban on his products threatened to spread from the West Indies to several Asian nations. In Europe, Sweden stopped buying South African fruit, and Lectrolite Products Ltd., big South African exporter of auto spare parts, fortnight ago advised the government export-promotion board that its products are now taboo in nine nations. Three weeks ago the delegates to the conference of African independent states at Addis Ababa voted unanimously to urge all emerging black governments to ban South African goods. The Nigerian government has already served notice...
...would buy from Cuba during the rest of 1960, world sugar prices dropped 3 to 8 points, i.e., hundredths of a cent a pound, in expectation of the cut -and in fear that Cuba would dump its surplus sugar on the world market. Instead, Cuba raised its minimum export price from $3 to $3.25 a hundred pounds in an effort to recover part of its losses on sugar sales. Thereupon, in heavy trading world sugar futures shot up again, only to level off at week...
Actually, Cuba could not dump its sugar and remain a member of the powerful International Sugar Council, which set Cuba's 1960 sugar export quota at 2,700,000 tons, excluding its shipments to the U.S. The world already has 13.7 million tons of surplus sugar, will add another 600,000 tons this year. The question is not whether the U.S. will suffer any sugar shortage-it will not-but rather it is who will inherit the market that Cuba loses...
...this fall. Another sales success: a Canadian Mountie series, snapped up by 20 U.S. cities the first week it was shown. Coming soon: a crime series based on Simenon's Inspector Maigret. Meanwhile ITV, far from dawdling on its domestic dollies, is cranking up its own shows for export to the U.S. (Robin Hood is an ITV series already seen on American screens...