Word: imported
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There is a tomato famine in the land. So much time has passed since Hollywood last turned up a really luscious girl that even casting directors are reading Playboy. For the last several years, Hollywood has had to import its glamour, and its latest is a westbound CARE package from Germany named Elke Sommer...
Specifically, he objected to the Alianza's taking credit for aid under U.S. Public Law 480, which allows the sale of surplus food for soft local currency, and for the operations of the Export-Import Bank, which has in fact been less active lately. He accused the U.S. Congress of lopping 40% from what he considered a Kennedy promise of $1 billion-worth of aid in Latin America in 1962-when all that Kennedy actually requested was $600 million. And he found a "lack of coordination among U.S. organizations designed to finance the Alianza, and lack of a central...
...Latin American spiral is largely the result of instability in the peso, escudo or cruzeiro, which in turn increases import prices and wrecks wage levels. In economically advanced nations, however, the increases are a penalty of unpoliced success. Expanding industrial output in the postwar years, these nations tried to avoid labor shortages with higher pay, more overtime and lavish fringe benefits-until wages finally outpaced production. At the same time, increased consumer spending competed for a relatively stable supply of goods and steadily pushed up prices, particularly of food. Britain slowed its spiraling cost of living by instituting...
...peculiar marketing arrangements, the reaction in the marketplace to the prospects of a shortage was more violent than the facts warranted. Most of the big sugar-using nations grow enough beet or cane sugar to supply a great part of their own needs, and they contract in advance to import the extra sugar they need. The result is that only about 10% of the world's requirements are sought for on the open market. The bidding by so many for this small amount started the price rise; and when the U.S. last month declared that it was going...
...colleagues who have been involved with us in this research. As our work continues and comes increasingly to the public's attention, we shall all be in a better position to determine how wisely all of us have acted in the specifics of this controversy. Of much greater import is the stand taken by a leading university toward this new exploring of man's consciousness...