Word: important
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Dates: during 1980-1989
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...steps will remain little more than tokens. This tokenism is particularly disturbing when is accompanies frequent defenses of investment in South Africa. Harvard does not realize that what is crucial about American companies in South Africa is not so much how they treat their employees, but what they produce, import and invest in. What is crucial is the moral and political support they lend to that fossil of historic the most racist country on the face of this earth, South Africa...
...South Pole by just 97 miles; a later one had to be aborted when his ship became trapped in the Antarctic ice. But few dramas have told a more inspiring tale of man against nature or better conveyed the excitement of a great period of exploration. Another winning import is Solo, a wry sitcom starring the delightful Felicity Kendal as a single woman who dumps her boyfriend, quits her job and tries to start a new life...
...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...
Finally, the Japanese, who often sit on the sidelines during international economic turmoil, could help settle currency markets by making it easier for foreigners to invest in securities denominated in yen. The country should speed up its efforts to bring down import barriers and thus reduce its gigantic trade surplus, which is expected to reach $55 billion this year...