Word: grains
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...price each year. After that level was reached, the workers could then sell any surplus to the state at a markup of 50% or on the open market at whatever price they could get. To swell production further, Deng hiked the price the government would pay for grain by 23%, while urging farmers to supplement their incomes by raising vegetables, poultry or pigs on the side...
...bankers argued that Argentina could pay at least part of its interest with some $400 million or more that the country has on hand from the sales of such exports as meat and grain. But Grinspun said the money was needed to pay for imports. He asked for new loans and suggested that Argentina be given 15 years to pay off its debt, nearly half of which comes due this year. "I must declare very clearly to you," the Minister warned, "that Argentina cannot continue to devote two-thirds of its export earnings and 8% of its national production...
...with the U.S.S.R. amounts to much less than 1% of the Soviet gross national product. Nor had the U.S. displayed the willingness and ability to use very effectively what economic leverage it had. In April 1981, the Administration misplayed the strongest card it held when President Reagan lifted the grain embargo against the Soviet Union. President Carter had embargoed the sale of U.S. agricultural products to the U.S.S.R. in January 1980 in reaction to the Soviet invasion of Afghanistan. During the campaign, Reagan had promised to lift it. Secretary of Agriculture John Block reminded him of that promise...
...levels after talks on a new accord broke down. The People's Republic, which did not begin welcoming U.S. business on a large scale until 1979, responded by halting purchases of U.S. soybeans, cotton and synthetic fibers. Peking also refused to buy previously agreed upon quantities of U.S. grain. The cutbacks slashed American farm sales to China 73% below their 1981 level, to $544 million, and raised serious doubts in some business circles about China's reliability as a trading partner...
...York Times I discovered that my "take-charge" style had earned me the nickname CINC-WORLD, or Commander in Chief of the World. From other reports, it appeared that I had raised hackles by pointing out the foreign policy implications of the grain embargo and auto imports, by reassuring our allies on our plans with respect to the neutron bomb and by the nature of my personality. The fanciful story about my thrusting a "20-page memorandum" into Reagan's hands as he returned from his swearing-in took root in the press and demonstrated once again that gossip...