Word: importance
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Dates: during 1950-1959
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...power factories, move trains, heat homes, cook food. An estimated 2.3 billion-bbl. oil reserve lies underground, but the government oil monopoly, Y.P.F., has only enough resources to produce 35% of the country's requirements. Dollar-short Argentina spent more than $300 million last year to import the rest. Frondizi saw only one solution. Risking the wrath of nationalistic Peronistas (and nationalists in his own Radical Party), he negotiated $1 billion worth of development contracts with foreign oil companies, mostly from the U.S. (TIME, Aug. 4). Signed up were Pan American International Oil Co., Union Oil Co., Lane-Wells...
...commonwealth's political boss, publicly proclaimed that he would continue to fight on the old grounds, there was little doubt that the news on the editorial pages heralded a strategic retreat in Richmond toward token compliance with the U.S. Supreme Court's integration decrees. The import was not lost on the segregationists who sent News Leader Editor Kilpatrick, the most articulate spokesman for the diehard segregationists, a bitter, one-sentence telegram: "Et tn, Brute...
Soon after his graduation, he worked with an export-import company, but left that to accept a position in England with a British-Russian trading corporation. His "acquired practical knowledge" of international economics and world trade, he confesses modestly, helped him become president of the second largest corporation in Russia, where he was in charge of all exportation and importation of timber...
...decision would invalidate the President's approval of tariff boosts for spring clothespins and clover seed-both milder increases than those suggested by the Tariff Commission. It would also overturn the imposition of import quotas on lead and zinc (TIME...
...long the agreement would work. Now the U.S. is also taking the lead in setting up a study group to plan a stabilization board for the world's hard-pressed lead and zinc producers. It favors these plans in the hope that they may replace unpopular import quotas that have alienated friends, such as the quotas put on lead and zinc imports to protect domestic producers...