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...obvious U.S. tactic might be to embargo food exports to Iran, which amounted to nearly $500 million in the fiscal year ended last September. The American Farm Bureau Federation would support President Carter if he should cut off grain shipments, as he could do under the International Emergency Economic Powers Act. Cries of "Food for crude!" are starting to be heard. The White House, however, has no present intention of halting food supplies. If the U.S. later plugs up this cornucopia, Iran will be less vulnerable than it once was. As a Persian grain trader says, "We are earning...

Author: /time Magazine | Title: Nation: Not Much Left to Seize | 11/26/1979 | See Source »

...roads and paralyzed production across much of Eastern Europe. East Germany, the world's largest brown coal producer, was forced to import coal from the West. Later, flooding in the north and droughts in the south hurt several countries' harvests and forced expensive purchases of Western grain...

Author: /time Magazine | Title: Business: How Communists Beat Inflation | 11/26/1979 | See Source »

...years the autumn landscape in the fertile Red River valley of North Dakota and Minnesota was unchanging: acres of wheat extended to a flat skyline broken only by the lonely silhouettes of grain elevators. Now the amber waves are interrupted by broad patches of dark brown, and the horizon is punctuated by tall processing towers. These are signs of the region's hot new cash crop, which is also becoming an important export: the sunflower...

Author: /time Magazine | Title: Business: Flower Power On the Plains | 11/26/1979 | See Source »

Gasohol is 10 per cent ethanol, an alcohol which can be distilled from such materials as grain and wood pulp, and 90 per cent unleaded gasoline. The blend has a slightly higher octane rating than regular unleaded gasoline...

Author: By Andrew B. Herrmann, | Title: Service Stations Test-Market Gasohol; Gasoline-Alcohol Mixture Selling Well | 11/20/1979 | See Source »

...University of Notre Dame. Said he: "I'm perfectly willing to ride in the lead truck and get shot in the process rather than sit back and have it on my conscience that I did nothing to stop a second holocaust" Hesburgh also suggested that the U.S. withhold grain sales to the Soviet Union unless the Kremlin collaborates in making 150,000 tons available to the Cambodians immediately. Robert Byrd of West Virginia, the Senate majority leader, contacted Soviet Ambassador Anatoli Dobrynin in an appeal to Moscow to persuade Phnom-Penh to allow food to be trucked...

Author: /time Magazine | Title: Deathwatch: Cambodia | 11/12/1979 | See Source »

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