Word: nigerias
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...Economy. The fundamental issue is that Nigeria is a single-export economy. Oil accounts for more than 90% of our foreign exchange earnings. We earn dollars because of the OPEC pricing system, but we are suffering now because we produce less and sell the oil at lower prices. We must import only goods that are basic and essential to our economy. A lot of emphasis has been put on agriculture. Because of the shortage of food in the country, people are going back to the land. We have taken stock of our debts and redone the budget. We tried...
...issues. Cuba seemed more remote than Europe. However, for those interested. Israel's heritage beckoned to many Jewish classmates. Its future seemed very bright. Other nationalities existed only through friends' backgrounds and summer travels. We were all wild to travel in Europe. We began to think about Africa as Nigeria's and Algeria's revolutions penetrated our Cambridge bubble. A few people tutored and coached needy kids, while the rest of us let the world's troubles wait. We studied a lot and aimed to qualify for honors--the only route to small-group intellectual activity. We hated the Cambridge...
...general view is that if the gulf's present output of 7 million to 8 million bbl. a day, 40% of which comes from Saudi Arabia, were to be cut off, the vacuum could be largely filled by increased exports from nongulf producers such as Nigeria, Mexico, Venezuela, Indonesia and Libya...
...Congregation for Bishops, Gantin has the power to nominate, subject to the Pope's approval, new bishops for most of the world. He is the first black prelate ever to head a major Vatican office. For good measure, the Pope summoned another African, Archbishop Francis Arinze of Nigeria, to run the Vatican Secretariat for non-Christians, one of the second-echelon offices in the bureaucracy...
...February. It gathered steam on Monday, when the leader of the tiny Tami Party, whose three members belong to the Likud coalition, called for early elections. The sudden about-face was partly attributed in some quarters to pressure from Nissim Gaon, a Swiss-Jewish multimillionaire and Tami benefactor. After Nigeria failed to pay him hundreds of millions of dollars for a chain of luxury hotels he was building, Gaon reportedly asked Shamir's government to allow Israeli banks in Switzerland to give him loan guarantees. When Finance Minister Yigal Cohen-Orgad refused, Gaon urged Tami Leader Aharon Abuhatzeira...