Word: imported
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...compared with 3.8% in the U.S.). In other years, Japan could hope to spark its economy by increasing exports. But both U.S. businessmen and the European Community have complained that underpriced Japanese goods are already flooding their markets (see ECONOMY & BUSINESS). They demand that Tokyo sell less and import more. As a former Finance Minister and one of his country's leading economics experts, Fukuda is expected to increase government spending and provide businesses with low-interest loans...
...price of Saudi crude? Is it fair for others to decide against our will?" What about OPEC arguments that a big oil hike is justified by inflation in the prices of Western goods that oil producers buy? "The OPEC figure of a 26% rise in prices of goods we import from the West is not correct. If you take the [International Monetary Fund] index, the rate of such inflation is less than...
Meanwhile, company size rankings in the oil business could change. Four American companies−Exxon, Texaco. Mobil and Chevron−that import heavily from Saudi Arabia will be able to undersell such other producers as Shell, British Petroleum and Compagnie Française des Petroles, which rely more heavily on the higher-priced OPEC states. All in all. Yamani seems to have touched off a classic capitalist price war. That is scarcely what cartels are supposed to do. and OPEC least of all; its increases were once heralded as the start of a "new economic order." But that was before...
Trade Deficits. For the U.S., a 10% OPEC increase would inflate oil import costs by about $3.5 billion and add about 20 per gal. to the price of gasoline and other fuels. That would put a further drag on the already sluggish U.S. recovery, since an oil price hike, like a tax increase, reduces the amount of money consumers and businessmen have available to spend on other things. The impact of an OPEC boost will be muffled by the fact that the U.S. produces almost 60% of its oil, and most domestic oil is still under price controls...
Marijuana Smugglers. In October Light, his best novel to date, Gardner has really got his hyphenated act together. As if to contain his ambitions, he has assigned himself at the start a small, local comedy of apparently modest import. An 80-year-old widow, Sally Abbott, has come home to the family farmhouse to live out her days with her widower brother James in the shadow of Prospect Mountain, near Bennington...