Word: market
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Dates: during 1970-1979
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...attempt to support Castro's faltering economy, the Soviet Union has been buying much of the coffee Cuba grows at a price higher than on the world market. In fact, Cuba has even been accused in some anti-Castro quarters of mixing imported coffee with home grown and then selling the spurious blend to the Russians. Be that as it may, Cuba does import cheaper coffee for domestic consumption...
...bargain price. Reportedly, Fessler and some cohorts produced all the documents attesting to the availability of the coffee, and the deal was clinched last October on the Caribbean island of St. Martin. The Cubans agreed to a price of $1.39 a lb., vs. $1.54 on the world market. In a later meeting, the Cubans asked if they could inspect the coffee. No need for that, Fessler assured them. Everything was fine...
...litany of city complaints against the University include the eviction of tenants in buildings on Mellon, Ware and Sumner Streets and a low-interest loan program for faculty members that city officials fear will dry up the already near-barren Cambridge housing market...
...faculty members would have to pay income tax on the difference between the market value of the houses they had rented and the lower rents Harvard was chargin them...
...they can key into the exchange's international real estate listings, which are beamed daily to AMREX headquarters by satellite from Europe. The listings are displayed on the video terminals, and with the help of a 1,000-page inventory book, buyers and sellers can size up the market quickly and in one central location. AMREX'S members are mostly real estate firms institutions and banks (among them Chase Manhattan) and private investors. Though most of the members do not show up on a day-to-day basis, they are still hooked up to the system through...