Word: import
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Dates: during 1950-1959
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...credit package made available to France $250 million from the European Payments Union and $131 million from its quota in the International Monetary Fund, enabled it to defer payments on $186 million owed to the U.S. and the Export-Import Bank during the next three years, and to pay the U.S. in francs for $88 million worth of military supplies and surplus cotton...
...year's end some such trend was actually becoming evident, though it seemed to stem more from the recession and a falling off in the import of heavy capital equipment from the U.S. than from any government action. The Tories, who succeeded in their 7 4-months in office in doing something for almost everybody, will ask the Canadian voters for a parliamentary majority solid enough to ensure them the usual four years in power. As the campaign opened, they seemed to have a better than even chance...
TANKER CUTBACKS are hitting U.S. shipyards because oil-import curbs have slashed ship charter prices. At Newport News, Bethlehem and Sun yards, $130 million in ships ordered by independent Greek contractors (Onassis, Livanos, Goulandris) has been canceled...
...told, Mattei's ENI produces only 200,000 tons of oil a year in all of Sicily and Italy, and Italy must spend $510 million to import enough oil for its needs. From its Ragusa field alone Gulf expects to produce 1,600,000 tons this year, eight times as much...
...enterprise. He rewrote Turkey's laws to encourage foreign investment by such means as easy profit transfers and the promise of generous exploitation terms to anyone who found oil. He encouraged private investment in textile production and light industry. Among his first acts was abolition of the rigid import controls that the Republicans had established at the beginning of World War II. The consequence was that the Turks, starved for almost a decade for the products of Western industry, began importing huge quantities of everything from steel and cement to wire recorders and electric razors...