Word: importent
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Faced with rising health-care costs and a global glut of their product, America's steelmakers are demanding more protection from imports. A bill before Congress would impose import quotas that might save 3,700 steelmaking jobs in the U.S. But higher costs for U.S. industries that use steel, such as autos and construction, would result in the loss of 19,000 to 32,000 jobs, according to a new study sponsored by the Consuming Industries Trade Action Coalition. Andrew Sharkey, president of the American Iron and Steel Institute, calls the study "flawed" and "based on a political agenda that...
...lost more men in our victories--more than 6,000 at Iwo Jima, for example, 12,000 at Okinawa--than we did in that defeat. This is one of the many things you won't learn from the blockbuster movie on the subject that opened last week. Perhaps more important, of the 408,439 service members who gave their lives in the war, only a few died heroically. Most died the way soldiers usually die--because they were in the wrong place at the wrong time. It was, as we understand it, a good war. We have known that ever...
...collapse. Rather than a new U.N. resolution on Iraq - which would be impossible to pass given the level of division in the Security Council over Iraq - the proposals are designed to streamline and alter the requirements of the existing sanctions package to ease the way for Baghdad to import a wider range of civilian goods - the details have not yet been made available, and much will depend on how far a concept called "dual use" is applied on the list of prohibited items. Iraq has previously been blocked, for example, from importing simple painkillers and pencils on the grounds that...
South Africa's 4.7 million HIV sufferers just got a double whammy of bad news. On Monday, their government revealed that it although it has won the right to import cheap copies of patent-protected AIDS drugs, it has no intention of actually buying and supplying those treatments through the public health system on which its impoverished citizenry depends. And that came on top of last week's announcement that the Bush administration will donate $200 million to a global fund to fight the AIDS pandemic in the developing world. The reason the latter is bad news is that...
...convicted customs chief Zhao came from smuggling gasoline. The racket worked like this: a tanker anchors in international waters and waits for motor launches to gather round. An auction follows, and the buyers smuggle the fuel to shore in barrels to sell to the nearest state-run station, no import duty paid. "The whole of southern China is running on smuggled gas," says Zheng. "And half the time, the government is controlling...