Word: importance
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Dates: during 1970-1979
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...reinforce the impression that, as one congressional leader admitted, "there's a lot of Korean money around, and a lot of guys are involved." Among the main figures in the federal probes of Korean influence peddling: former Representative Richard Hanna of California, a silent partner in an import-export business run by Tongsun Park, a Washington-based Korean businessman with a yen for winning friends in high places; Louisiana Democrat Otto Passman, a longtime Park crony; and former New Jersey Congressman Cornelius Gallagher. Meanwhile, on another front, there are charges that the Korean Central Intelligence Agency (KCIA) has been...
...only for that reason, the elections last week of aldermen and mayors in 3,968 municipalities had more than local import. Their significance was further heightened by the intense nationwide campaign waged by President Ernesto Geisel, 68, the Brazilian military's hand-picked chief of state. Though securely ensconced in his own job as President until 1979, Geisel jetted through 16 of Brazil's 21 states, kissing babies, cutting ribbons and shaking every hand in sight like any vote-hungry candidate. Along the way, he invested much of his personal prestige on behalf of local candidates...
...example, as sales become harder to make at home, businessmen are increasingly engaged in a bruising scramble to boost exports. Their efforts have led to a fresh surge of protectionist sentiment. British unions, for example, are demanding stringent import curbs to protect workers' jobs, and in the U.S. business groups are lobbying for limits on imports of shoes and color TVs. Over lunch last week in Brussels, angry officials of the European Community bluntly warned Japanese representatives that they would close the door to some Japanese goods unless the country moves swiftly to reduce its mammoth $4.2 billion annual...
...infinite. Photography has acquired a status unimaginable a decade ago. Meanwhile, abstract painters, released from the severity of their mission, are no longer embarrassed by pattern and decoration. As the desire to paint one's way into history recedes, a new subjectivity has replaced it, a free permit to import life whole into art through video, performance and participation. A broad and knowing eclecticism prevails...
...more vulnerable than ever to world market fluctuations by concentrating so heavily on copper, he was partly a victim of plain bad luck. He could hardly have foreseen the soaring oil prices that helped depress the economies of his copper-buying customers and multiplied Zaïre's import bills. But there is more to the Zaïre story than that. Mobutu, who styles himself le Guide (the guide), also sank borrowed money-to be repaid out of copper revenues he did not get-into showy prestige projects...