Word: import
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Dates: during 1980-1989
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...prove devastating in a world where ideas and careful thinking count more than images and the impression they create. His charges are hardly new, for they mirror perfectly the opinions of more than a few Democratic Congressmen and liberal economists. Republicans had heard such complaints all summer, and the import of such attacks could only pale in contrast to the drubbing the Reagan program received in the nation's financial markets...
...result, automakers are off to a disastrous new model year. During the first 20 days of October, sales of U.S.-made new cars plunged to 295,688 units, the lowest level in 23 years and a hefty 31% below last year's depressed rate. Import sales, which amount to 27% of the market, have been generally flat for the year...
...sterling on the world's money markets. For months, Laker has been seeking extra time to repay loans he took out to buy DC 10s and European-made Airbus A300s for his fleet. Included in the debts are $160 million in direct and guaranteed loans from the Export-Import Bank, and $131 million borrowed last January from a syndicate of 14 European and North American banks. His reason for seeking the extension: to avoid having to pay an extra sum of at least ?6 million to his lenders as a result of the slide of sterling against the dollar...
...interest, which Moon failed to report as income. It was taxable, the Government contends, because he used the funds for "personal and business purposes," not for church-related religious expenses. The indictment also states that Moon and Kamiyama in 1973 formed a company, Tong II Enterprises, to import ginseng tea and other items from Korea for sale in the U.S. Moon received $50,000 worth of stock in the corporation, claims the indictment, but he did not report the receipt of the stock as taxable income...
...penance, the Chinese agreed to pay some $40 million in compensation to Mitsubishi Heavy Industries for the cancellation of a $420 million hot-rolling steel mill that was to form part of a second phase at Baoshan. Peking also belatedly agreed to import and pay for all of the petrochemical equipment and technology that it had originally signed for with Japanese and West German firms, a commitment that could total as much as $1.5 billion. Industrial development in the People's Republic still faces serious obstacles. Not only must the country be able to train the millions of skilled...