Word: exports
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ISRAEL'S DANGEROUS EXPORT TO CHINA Washington -- The Clinton Administration is lobbying the Israeli government and an Israeli company to halt the sale to China of an advanced fiber-optics telecommunications system containing U.S.-made microchips. Although the system is for civilian use, intelligence officials fear the sale would give China the potential to build a sophisticated military command-and-control system that would be almost impossible to monitor. The trouble is that liberalized post- cold war U.S. export laws leave officials largely powerless to stop the transaction. Israel has agreed to halt the sale temporarily while the U.S. studies...
...tents and tar-paper shacks around a capital that is already the world's largest metropolis. American officials appearing before a U.S. Senate subcommittee last month publicly condemned Mexican officials for corruption and complicity in drug smuggling. The recent decline in the price of oil, the country's major export, stripped in a single month the already debilitated economy of one-third of its projected foreign exchange. And earlier this month the peso, which was worth 26 to the dollar in 1982, fell in only a week from around 530 to 750. By now, this fury of calamities has pushed...
...European growth, and has been powering forward ever since, dragging many of its neighbors with it. The German economy grew by 2.6% in the first three months of 2008, its best performance this decade, encouraging more optimistic assessments of Europe's underlying strength. Behind that showing is an export boom, as Germany's traditional industries such as machinery and machine tools benefit from a flood of orders from China, Russia, India and the Middle East. That in turn is driving investment at home, and has created tens of thousands of jobs. But the latest figures suggest the manufacturing boom...
That's hardly news to El Phil, as he stands between two long rows of peach trees on his Grombalia farm, 22 miles (35 km) south of Tunis. Just four years after starting to export to Europe, Jinene Agro now gains half its profits from foreign sales. Tunisia's sunny latitude allows El Phil to ship fresh peaches and plums during the weeks from mid-March to mid-April when there's space on supermarket shelves throughout Europe. "We harvest after the end of production in Chile and South Africa, and before Europe begins," he says. "We exploit that...
Much of the fault does lie with the U.S. and its technology companies, which export e-waste because it is cheaper to offload the problem on poor nations than it is to take care of the waste at home. "This is effectively long-distance dumping," said Achim Steiner, head of the United Nations Environment Programme. One solution is to promote recycling programs for old PCs and phones, as Dell has done recently, or try to reduce the amount of toxic metals used in those products, as Apple has done. The answer will almost certainly have to come from rich importers...