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...equipment for which Tito would like spare parts since 50% of Yugoslavia's commerce is with the West, it is worried about the rising tariff walls of the six-nation Common Market. Naturally, Tito raised the problem of "most favored nation" status which, if eliminated, could sharply boost import levies on Yugoslavia's $30 million annual trade with the U.S. Rusk could offer no assurances that the clause would be restored, since the decision is up to Congress. On the whole, it was a pleasant if inconclusive chat. Then, less than 24 hours after he arrived, the Secretary...
...achieve this remarkable breadth of treatment without some sacrifice. Not all of his notions are operationally verifiable, nor does he always escape self-contradiction. Yet his transgressions of the scientific ethic must not be taken too seriously. He persistently applied himself to real problems, to ones of great human import. And though James, with characteristic hospitality, would welcome the use of computer models and animal studies, he would have protested vehemently against sacrificing the fullness of life for a manageable but sterile fragment...
...five-year pact is supposed to increase trade to $160 million this year, to $225 million by 1965 and after that, it all depends on how things work out. Brazil will import Russian oil, wheat, airplanes, tractors and industrial machinery. In turn, the Russians promise to buy Brazilian oranges, cotton, rice, cocoa, plus 60,000 tons of coffee per year-about 5% of Brazil's coffee exports. Being tea drinkers themselves, the Russian's propose to send shiploads of the coffee to Castro's Cuba. And on this point the two countries fell into their first conflict...
...local auto plants are inefficient and expensive: a homemade Chrysler Corp. Valiant sells for $3,500 in Venezuela, a Ford Falcon for $5,530 in Argentina. Nationalistic politicians argue that these prices are not too high to pay for developing a national industry that will create jobs, reduce imports and preserve precious foreign exchange. In Brazil alone, 1,300 companies have sprung up to supply the automakers, and only $24 worth of parts on each car is now imported. But Argentina still spends $200 million a year to import auto parts-just about what it would spend if it imported...
...appoint me as your new president-director." When the directors did not agree, Verolme left to found his own engineering works. He heard of a demand for Dutch "Haagsche hopjes" candy in the U.S., raised the money to market a huge shipload, and used the profits to import diesel engines from Switzerland to equip the war-torn fleets then rebuilding everywhere...