Word: exports
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Dates: during 1960-1969
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...Stratos has made his family-owned company a model for all of Greek industry. P.-P., which currently employs 3,900 workers at five modern mills, last year earned $1,000,000 on sales of $16 million. More important from a national point of view, the company's export sales to Western Europe are steadily climbing, so that it is now one of Greece's biggest hard-currency earners...
Filling a Vacuum. Piraiki-Patraiki's profit is not without honor in Greece. Impressed by the company's export successes, the Greek government is offering a cash reward to farmers who switch from growing wheat to cotton so that Greek mills will have more textiles to sell abroad...
...even Asians were baffled. After a series of smashing victories in the border war with India. Chinese troops swept down from the towering Himalayas and were poised at the edge of the fertile plains of Assam, whose jute and tea plantations account for one-fourth of India's export trade. Then, with Assam lying defenseless before her conquering army. Red China suddenly called a halt to the fighting...
...debate over nuclear weapons for NATO forces to protest Continental hostility to U.S. chickens. Conferring with Konrad Adenauer about Berlin this month, John Kennedy also brought up broilers. In Brussels two weeks ago, Agriculture Secretary Orville Freeman grimly announced: "We are not going to see our proper and historic export markets lightly taken away from...
That deficit would have been even greater had German exporters not pared their prices to the bone. Ruhr steelmakers have managed to hold their export customers only by charging lower prices outside the Common Market than within it. In Hamburg, the slumping shipyards glumly accept orders at below-cost prices rather than close down altogether...