Word: imported
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...been the fact that since oil began to gush there in 1912 it has become the world's third greatest producer (No. 1 the U. S., No. 2 Russia). Other potentially big resources, such as gold, diamonds, iron have never had much attention. Venezuela pays for its imports mostly with oil royalties, import duties, wages, taxes. Before World War II, about 60% of its oil went to Europe. But today Venezuela sees its oil production slumped 25%, with a resultant drastic shortage of foreign exchange...
strength-in-the-making. More than half the $500,000,000 recently added to the Export-Import Bank's kitty to help Latin America economically will be lent for the purchase of arms (see p. 65), for the equipment of most Latin-American armies and navies is obsolete...
With much ceremonial ado, "Ambassador" Pierson announced from Buenos Aires last month that the Export-Import Bank was lending Argentina $20,000,000 for any use she might want to put it to in the U. S. (TIME, Oct. 7). Since Argentina needed industrial equipment and supplies for her new 1,000,000,000-peso arms program, Pierson's announcement seemed to forecast a new era of U. S.-Argentine cooperation...
Their idea: the U. S. ought to drop its farm tariffs, import as much grain and meatstuffs as Argentina has to sell, come what may in Kansas, Iowa and Texas...
...Crude Brazilian smoking methods require 30 days to make a bolacha; East Indian methods, ten. Remedy: import from U. S. thousands of machines (cost: $15 each) recommended by Goodyear experts to speed up processing...