Word: exports
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Dates: during 1980-1989
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...settle temporarily for three food groups instead of four, but what about Chile? Not much thought was given to the thousands of out-of-work Chileans whose families will have nothing at all to eat because two among millions of grapes were tainted. Fruit is Chile's second largest export after copper, making up about 10% of total export earnings, and the U.S. is Chile's main market. Two Chilean officials came to Washington on Wednesday to beg Secretary of State James Baker to reconsider the ban. In Chile hundreds of workers demonstrated. Trucks loaded with free fruit wound through...
...combination of factors, including banks rashly loaning money to Third World nations, the countries using the money for unneeded and bloated projects--usually called "white elephants"--the quick reduction of capital flowing to these nations, and most of all a crash in the prices of products the countries export. For example, the 1985 crash in tin prices helped crush Bolivia's economy, and the fall in petroleum prices restricted the flow of money into Mexico and Venezuela...
Some ranchers are uneasy about their new neighbors. Says one cattleman: "They seem to be interested in buying the best spreads and the bigger processors." But ranchers generally welcome the Japanese beef boom because the export sales will help revive a depressed industry. Per capita beef consumption in the U.S. has fallen from 94.2 lbs. in 1976 to 72.7 lbs. last year. The Japanese investment should also be a boon for Americans who sell supplies and expertise to the new beef barons. Says John Morse, president of Selkirk Ranch: "The Japanese are willing to pay a premium for people...
...commercial banks, about $33 billion. In the 1970s, when the country was awash with petroleum revenues, the government that Perez headed spent lavishly on social-welfare projects and industrial schemes. But as oil prices took a dive in the 1980s, so did the economy, which earned 90% of export revenues from petroleum. Hard-pressed for cash, Venezuela last Dec. 31 suspended payments for 90 days on the bulk of its foreign obligations...
...danced in Anthony Tudor's Romeo and Juliet; six years later, he devised his own Romeo and Juliet ballet, The Guests; in 1957 he reworked the theme for West Side Story and, the next year he adapted that show's street rhythms in his ballet N.Y. Export: Opus Jazz. His creativity and vigor seemed inexhaustible: 20 musicals and 19 ballets in 20 years. Even Robbins is impressed. "When I started doing this show," he says, "I looked at what I did then. Frankly, I was amazed...