Word: jute
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Dates: during 1960-1969
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Pakistan's entire economy is tightly interwoven with jute, which is second only to cotton as the world's most widely used natural plant fiber. Last week Pakistan's vital jute industry was snarled in a strike of nearly 60,000 workers who are demanding higher wages. Some mills were the scenes of clashes, and others resolutely evicted all workers. The mood was different at the mills of one jute maker, who has retained the good will of his striking workers by continuing to provide them with their regular fringe benefits of inexpensive company housing and rice...
...With a stageful of vibrant flamenco gypsies and a choice of fine restaurants touting "eels from the River Tagus" and "mushrooms from the caves of Segovia," Spain outclasses most other foreign and state pavilions, many of which offer nothing more remarkable than displays of consumer goods and models of jute mills...
...With a stageful of vibrant flamenco gypsies and a choice of fine restaurants touting "eels from the River Tagus" and "mushrooms from the caves of Segovia," Spain outclasses most other foreign and state pavilions, many of which offer nothing more remarkable than displays of consumer goods and models of jute mills...
...Jets & Jute. Until this year, French firms repatriated $12 million annually from their investments in Viet Nam. In February, angry over De Gaulle's diplomatic recognition of Red China and his proposals that Viet Nam be neutralized, the Saigon government blocked repatriation and embargoed virtually all French imports. Last week came the first major sign of a softening in this attitude. Air Viet Nam took delivery of a $2,100,000 French Caravelle jet. One reason for the choice: Air Viet Nam is 20% owned by Air France...
Other French enterprises in South Viet Nam range from cigarette factories to oxygen plants, from Asia's third-largest brewery to the Societé Vietnamienne du Jute, which turns out 3,000,000 sacks a year for holding the rice crop. Three French banks handle 39% of the country's banking, and 100 or so French firms control its insurance, hotels, cinemas, printing and shipping. French companies also hold part interest in many Vietnamese firms...