Word: importent
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Dates: during 1970-1979
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...President's main emphasis is on stricter conservation of energy. In his fireside chat, he pointed out that the amount of energy now being wasted is greater than the total amount that is imported (in 1977 the U.S. is expected to import $41 billion more in petroleum products than it exports). Carter also called for more development of coal in "an environmentally sound way" and further research on solar energy. On atomic energy, he was cautious. He asked for "strict safeguards on necessary atomic energy production." Later in February, he pledged, he will ask Congress for help in combining...
Still, the government is pressing ahead with expansion programs. Under the newest five-year plan, approved in September, India will allot $22 billion in public money to increase production in "core" industries, including oil and fertilizers. Liberalization of import controls is bringing in raw materials for export industries and supplies of scarce commodities such as cotton and cooking oil. And, assuming her Congress Party wins the March elections-which it almost surely will-Mrs. Gandhi will have to deal with an unaccustomed problem of plenty: how to distribute surplus food before it rots in the fields...
...Arab nations prosper on oil, Egypt is too poor-and too overpopulated-to help itself. Foreign investment has been frightened off by uncertainty or, as in the case of a proposed $150 million Ford Motors plant, wiped out by the Arab boycott. Agriculture is so feeble that Egypt must import two-thirds of its food at a cost of $1.5 billion a year. Government foreign currency reserves are dwindling as world food prices rise, while the standing army of 850,000 men consumes a third of the nation's $10 billion budget...
Pepsi's main Russian import is Stolichnaya vodka, distributed by the company's Monsieur Henri subsidiary. It is aimed at the caviar set, costing $7.99 a fifth-$2 more than U.S.-made Smirnoff, the bestselling brand. A newer import in which Pepsi finds promise is a champagne called Nazdorovya, said to be the product of vineyards planted in 1870 on Czar Alexander II's estate...
...Aquino had asked the G.I.s how they would get home "now that your ships are sunk," she was convicted of treason in 1949 after her return to the U.S. She served more than six years in prison, then moved to Chicago where she has been managing an Oriental import shop. Three times she has asked for a presidential pardon-"a measure of vindication." On his last full day as President, Gerald Ford agreed and granted D'Aquino, now 60, a "full and unconditional" pardon on the grounds that it was "the right thing to do and the proper time...