Word: jute
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...trade between the two countries has not been resumed. Denied access to Pakistani suppliers, Calcutta's jute mills have been forced to reduce output 25% , while some Dacca cigarette factories have closed down completely because no tobacco is being imported from West Bengal. Travel between the two countries is almost nonexistent, postal and telegraph communications operate far below standard, and rail, road and river traffic is severely curtailed in both nations. India and Pakistan may not be actively at war, but they are not at peace either...
...with speeding new cars and gaily painted trucks, reach out into the countryside to draw off the surfeit of Thailand's bounty for world markets. Trains of wooden barges riding low in Bangkok's muddy Chao Phraya River carry rice, corn, copra, reams of incomparable Thai silk, jute-and illicit opium-to export. With the Thai annual growth rate of 7% a year, the baht (formerly called the tical and still worth a nickel), backed by gold and foreign-exchange reserves of nearly $650 million, is one of Asia's hardest currencies. The men who administer...
...Luiz, where buzzards still feast in the streets, a modern fish-freezing plant is starting up, and across the state a new hydroelectric dam will soon boost the state's power capacity from 10,000 kw. to 235,000 kw. A group of ambitious jute traders in hustling Santarém has set up a factory that makes sacks from raw jute; it now employs 800 people. Hotels are going up almost as fast. This month a new 16 story hotel opens in Belém, the first major hotel in decades. Manaus also recently opened one-eight stories...
When the Kings of England were also Emperors of India, Hindus in business had to be content with second-class corporate status. They could make comfortable fortunes-and many families did-exporting jute, tea and other products, and importing British goods. But, because Britons dominated the field, the Indians were mostly shut out of top manufacturing jobs...
...Paulo. Today it boasts 80,000 people, and last week construction crews were putting the finishing touches on four 15-story buildings. Belém, at the northern terminus of the road, has developed from a ragged river port into a thriving commercial center of 430,000, shipping jute, pepper and rubber to markets in the south...