Word: importance
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Dates: during 1960-1969
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Novacap had extraordinary powers, and Pinheiro used them. He floated bond issues, snagged a $10 million Export-Import Bank loan. He expropriated the 2,260 sq. mi. of the Brasilia federal district at $1 per acre, sold selected lots for $3 per square meter and up, a plan that will raise one-fifth of Brasilia's costs. He hired 1,500 contractors, flew in the first building materials at high cost. Through Kubitschek, Novacap raided departmental budgets. Checking the figures, newsmen have found at least $117 million of financing for Brasilia. It absorbed, for example, 95% of all hospital...
...June 1955 anti-Perón naval revolt, failed to stop the September revolution, which swept him and his boss out of power; of a heart attack; in Buenos Aires. Among Sosa Molina's rewards for carrying out Perón's dirty work: 265 car import licenses, each worth more than...
...America is safe from damage by foreign goods." Thus warned James A. Chapman, president of the American Cotton Manufacturers Institute, in a speech last week to 1,000 industry leaders at the institute's annual meeting in Bal Harbour, Fla. Chapman called for "a reasonable system of import quotas-country by country and category by category...
Fortnight ago, U.S. typewriter makers asked for a 30% duty with a $10 minimum on all foreign imports. They complained that typewriter imports have grown from 36,000 ten years ago to 470,000 last year, now account for 30% of the U.S. market. The fact is that U.S. makers themselves account for one-third of all typewriter imports from their own plants overseas. If typewriters are protected, a similar case could be made by automakers, electrical-equipment producers and other U.S. manufacturers who import products from foreign subsidiaries...
Foreign Discrimination. Despite the rise in exports, many U.S. industries complain that foreign nations are moving far too slowly to ease trade barriers. Last week the French government took a step to ease restrictions, lifted import quotas on more than 100 products, including chemicals, phonographs, dictating machines and plywood, rubber and plastic equipment. By 1961 France hopes to end all quotas. But U.S. businessmen face some new restrictions, not only in France but in other nations...