Word: important
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Because of a third consecutive dismal harvest, the Soviets had to import 46 million tons of grain last year, or nearly 20% of their consumption, at a cost of $7 billion or more. At the same time, the sinking market price of oil, the chief Soviet export, cut earnings from energy sales. Result: a hard-currency deficit with the West of $4 billion. To help close that gap, the Soviets sold some 250 tons of gold in 1981 to raise about $3 billion...
Providence in particular is described as an import operation. "They're pretty much an Irish national team," said McNulty Providence has several Irish Olympians, aged...
Perhaps the lesson of these figures is that viewers prefer straight information and quiet talk to electronic bells and whistles. Certainly the perfervid claims of drama and import, when events were inconclusive, turned some viewers off. Television is incomparably compelling in covering real action, yet embarrassingly unconvincing when it tries to manufacture excitement. But there were some statistics that defied optimistic interpretations: the three networks together attracted less than a third of U.S. households on average; even among those who were home watching TV, nearly half turned to entertainment instead. Despite all their hubbub and hype, all their reaching...
...Lorean to Hetrick. The C.I. was identified last week by an anonymous caller as James Timothy Hoffman, 41, who lived not far from De Lorean's 48-acre spread northeast of San Diego. Hoffman and several other men were arrested last year and charged with conspiring to import cocaine. A Government informant had been part of that group. Hoffman, married and a father, confessed and agreed to become an informant in return for probation. His main handler: DEA Agent John Valestra. The Government claims De Lorean approached Hoffman last July, seeking quick cash from a drug deal...
Trying to halt the spread of new import quotas and restrictions is one of the goals of a meeting in Geneva later this month among the representatives of the General Agreement on Tariffs and Trade, known as GATT. It is unlikely, however, that any such agreement can be reached. The European nations themselves are worried about the flood of inexpensive imports from Third World nations like South Korea and Taiwan. The Reagan Administration has generally taken a position in favor of free trade, but with unemployment at 10.1%, it will be hard-pressed to maintain its stance...