Word: exports
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Dates: during 1960-1969
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What makes all economic growth possible is the 3,500,000 bbl. of oil pumped each day from the country's vast reserves. Sold mostly to the U.S., the oil produces more than 90% of Venezuela's annual $2.5 billion export income and-through a 67% tax on oil company profits-accounts for about 60% of the government's annual budget. But Venezuelans worry about their declining market in the U.S. And one of Betancourt's major missions in seven hours of talk with Kennedy was to seek a better deal for Venezuelan...
...world's largest potash producers. It is pushing production of bromides and bromine, already ranks as one of the world's top five producers. Natural gas fields, recently discovered in the area, are being tapped and phosphate production sharply increased with loans from the Export-Import Bank. Last week a new plant opened in Sodom to refine table salt-95% of which will be exported to salt-starved Japan...
...dismantling of a vast array of controls on Britain's postwar economy. He has always been more pragmatic than doctrinaire-or opportunistic, his enemies say. In a Commons speech last week he declared, "What I am saying may or may not be ideological, but it will get the export orders." With the left safely on his side, Wilson is shrewd enough to know that, as leader, he must now conciliate the party's center and right...
...exile in an isolated Burmese village near the borders of China and India. At least four high-ranking officers who shared his views were arrested or forced into retirement. With the opposition out of the way, Ne Win declared that the government would immediately take over the import and export business, the rice trade and some private industries. Burma's economy, said he, would now come under "total state control...
...bank vault and in the heads of Chief Chemist Orville May and one assistant. Competing Dr. Pepper, also made from a secret formula, never allows the four executives who know it to fly on the same airplane. At Italy's Campari distillery, where Campari bitters are made for export to 97 countries, only one chemist knows how much of each ingredient is weighed...