Word: oiling
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Dates: during 1980-1989
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...avid yachtsman, Hoyle has had a close view of environmental damage at sea. "The problem becomes vivid when you sail into an oil slick and have to spend several days cleaning up the boat." The impact of man-made substances on weather shifts is much harder to detect. "You can't see it, touch it or smell it," says Hoyle. "That is precisely what makes the scientific discovery process so important." And precisely what makes this week's cover story such a good detective yarn...
...Canada's exports surged from $67.7 billion to $90.3 billion, fueled largely by sales to the U.S. of such products as softwood lumber, newsprint, autos and trucks. By 1986, however, exports had slipped to $89.7 billion, partly as a result of a falloff in Canada's revenues from oil sales. Canada had an $11 billion trade surplus with the U.S. last year, but a $5 billion deficit with the rest of the world...
...difficult to tell about something as subtle and vaporous as a poet's reputation in a town not much distracted by free verse, in the heart of a republic that shuns poetry like castor oil, but lately the local wind seems to have shifted in Wright's favor. "I think there's a great deal of name recognition," observes John Storck, the youngish head librarian at the Martins Ferry public library and an organizer of the festival convened here each spring in the poet's honor, "partly because there are still a good number of his classmates around town...
Singapore, which has been a leading oil refiner and supplier of drilling equipment, is still coming back from an economic slump that was exacerbated by last year's drop in petroleum prices. Nonetheless, the tiny island country did well enough to run up a $1 billion surplus with the U.S. in the first six months of the year. Singapore is strong in electronics and is trying to establish a biotechnology industry. It also aims to be a service center for Asia, specializing in banking, insurance and communications...
Whatever problems the Asian NICs face pale beside the difficulties plaguing Latin America. Mexico was already staggering under foreign debt of more than $90 billion when oil prices collapsed last year and decimated one of its major sources of revenue. In the meantime, the government has been conducting a surprisingly successful crash campaign to diversify the economy. Mexico has become an exporter of chemicals, aluminum, medical instruments and cars (built by Chrysler and other foreign companies...