Word: important
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...manufacturers continued to lose their competitive edge over foreign firms, the country would import more and more, while exporting less. Asked Eckstein: "What would the U.S. economy look like in ten years? We could have very successful financial and service sectors, bustling French restaurants, booming Manhattan real estate, but an industrial Midwest that would lag far behind, as the South did before World...
Pyle said that some Mason fellows are so impressed with what they have learned about management that they want to import their favorite courses lock, stock, and travel. One farmer minister in the Burmess government upon returning home from his year as a Mason fellow persuaded his government to establish a K-School courses on microeconomics as part of the curriculum at the University of Rangoon. He wired the Kennedy School and asked for the entire course packet to be sent special delivery...
...debts, Iranian officials give no quarter. Not many dollars either. For two years they hobbled efforts of U.S. bankers and lawyers to settle claims arising from Iran's seizure of U.S. hostages in 1979. So last week, when Iran paid $420 million owed to the U.S. Export-Import Bank, the announcement prompted speculation that the country may be seeking warmer business relationships in the West. State Department officials, though, warned against expecting any improvement...
...autos could run on peat, the Irish would be energy sultans. But because the republic (pop. 3.4 million) has almost no other known resources of fuel, it must satisfy 65% of its energy needs with imported oil. For more than a decade, Ireland has been green with envy over Britain's North Sea petroleum windfall and has searched vainly for its own bonanza. Lately, though, Dublin has been awash in a gusher of speculation about a discovery in the Celtic Sea, which separates Ireland and Britain. Last week the rumors proved to be valid. Gulf Oil acknowledged that...
FRANKIE AVALON and Annette Funicello would not recognize the teenage beach culture depicted in Bruce Beresford's Puberty Blues. In this Australian import, the surfers and their girls don't sing and dance blissfully, and they certainly don't undergo innocuous adventures cuddling under the moonlight...