Word: jute
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...Jute & Jets. Yet Rhodesia is far from on its knees, and the longer that sanctions drag on the more impatient other nations will become to ignore them. Such, at least, has been the case in previous boycotts. South Africa, denied Indian jute, got all it needed from Pakistan. Businessmen find ways, moreover, to transship; U.S. goods have reached Cuba by way of Canada and Mexico...
...long-range outlook is bleak for jute, sisal, hides, and other commodities that struggle against increasing competition from synthetic substitutes. Wool prices have been clipped 18% in the last 18 months, complicating Uruguay's battle to end its trade deficit, and the price of rubber has skidded...
...completed 380-mile "Friendship Highway," with its 500 miles of feeder roads, cuts the travel time between Bangkok and the Laotian border from weeks (depending on the weather) to a mere eight hours, at the same time opening vast new markets for the northeast's cash crops of jute, tobacco and maize. Last week more than 300 vehicles an hour were moving along the highway. And if Communist aggression ever comes to Thailand on the scale of Viet Nam, the highway and its offshoots can carry troops and supplies into combat much more readily than the mud trails...
...East Pakistan raged one of the huge cyclones that commonly rise at the start of the monsoon. Winds howling up to 100 m.p.h. washed 13-ft. tidal waves over the narrow channels of the Ganges delta, flooding the alluvial fields, smashing and flattening the green stalks of the vital jute crop, ripping apart banana, betel nut and coconut palm plantations, uprooting giant mango orchards and inundating thousands of acres of rice. In East Pakistan's capital of Dacca, 125 miles from the sea, millions spent four terrified hours in the dead of night as banshee winds raked off corrugated...
...signed. Russia promised a loan of $50 million for oil-well machinery and extended for another five years its oil-exploration project in Pakistan. On the economic side, trade between the two countries will be trebled, with Russia exchanging autos, tractors and road-building machinery for Pakistan's jute, raw cotton, hides and tea. Next week Ayub Khan continues his tour by jetting to Washington for conferences with President Lyndon Johnson and a five-day visit...