Word: importance
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...processing business has also started to take root in the U.S., which up to now has been mostly a customer. Forced to quit Colombia and aware that the ; U.S. is the world's largest producer of ether, traffickers have decided to import coca paste to Miami and process it locally. Over the past 18 months, authorities in Miami have closed down cocaine refineries at the rate of one a month. In January, an elderly woman strolling along the seashore in Palm Beach County almost stumbled over a dozen Army duffle bags. Suspicious, she called the sheriff's office; when...
America's trade balance has deteriorated badly on both sides of the ledger. Between 1981 and 1984, exports fell 7% while imports surged 25%. Last year the U.S. had a record-shattering trade deficit of $123 billion. The rush to import takes profits away from U.S. companies and paychecks from American workers. The impact must be measured not only by layoffs and closed plants but by factories not built and expansions not made. C. Fred Bergsten, director of the Institute for International Economics in Washington, estimates that by 1986 the U.S. will have lost 3 million jobs in industries that...
...feeble effort at capturing on screen the ambitions and frustrations of those crary, but immensely talented, kids just have to dance. The only prestige that Director Sidney Poitier lends the film is his name in the credits. It becomes obvious, however, that it is not enough merely to import a big name to ensure cinematic success...
...budget would also dissolve the Export-Import Bank, which helps finance foreign trade by U.S. corporations. The Administration wants the private financial community, not the taxpayer, to help companies like General Electric, Bechtel Group and Westinghouse finance their sales abroad. The ^ financial community contends that the end of ExportImport would hamper international traders who are struggling against a strong dollar, subsidized foreign competition, and a growing U.S. trade deficit...
...American offensive, Hyundai last year introduced its Pony subcompact into Canada, anticipating sales of no more than 5,000 cars in the first year. Thanks largely to its attractive base price of just $4,600 (in U.S. dollars), Pony sales topped 25,000, or 11% of the Canadian import market...