Word: exports
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Dates: during 1980-1989
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...sanctions ban all new investments and bank loans to South African companies and prohibit the importation of uranium, coal, textiles, iron, steel, ammunition and agricultural products produced in South Africa. The law also establishes an embargo on the export of oil and munitions to that nation...
While the currency battles raged, Chrysler Corp. last week announced it would become the first U.S. automaker in decades to export to Western Europe. The reason: Chrysler feels that at the current exchange rates, some of its autos and vans will have wide appeal despite stiff European and Japanese competition. Unlike GM and Ford, Chrysler does not have European automaking subsidiaries, whose sales could be threatened by the export push. Says Robert Lutz, a Chrysler executive vice president: "At 240 yen to the dollar we were doomed. But at 150 yen we have a shot. I see real potential...
...which once ranked fourth in the world, has plummeted by nearly 70%. Only the country's vast oil resources, including those controlled by Chevron Corp.'s subsidiary Gulf, continue to bolster the war effort. However, there are estimates that almost half of last year's $2.2 billion in total export earnings has already been lost, as a result of the drop in oil prices...
...both houses of Congress, are a ban on new public or private loans, investments or extensions of credit and an embargo on the import of South African uranium, coal, textiles, iron and steel, arms, ammunition, military vehicles, agricultural products and Krugerrand gold coins. The legislation would also prohibit the export to South Africa of crude oil, petroleum products, munitions, nuclear-energy equipment and computers, and cut off direct air travel between the two countries...
...that the fertility rate of the crowded island-state's 2.6 million people is only 1.5 children per family. Now, however, Prime Minister Lee Kuan Yew is concerned that the population will not be large enough to support the government's long-term goals of becoming a high-tech, export-oriented country. Accordingly, an Interministerial Committee on Population is preparing proposals that will encourage Singapore's couples to have more children. To kick off the new campaign, the government has coined a new slogan: "At Least Two. Better Three. Four If You Can Afford...