Word: ores
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Dates: during 1970-1979
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TRADE. Soviet-American trade has jumped from $200 million in 1971 to $ 1.5 billion in 1973, with the dollar-ruble balance 7 to 1 in favor of the U.S., which buys Soviet vodka, platinum, diamonds and chrome ore and sells oil-and gas-drilling equipment, machinery and electronic gear, including computers. The Russians have been eager for loans and technological know-how, and so far they have got some of both. Only in May Nixon intervened with the Export-Import Bank to approve a $180 million loan for eight Soviet ammonia fertilizer plants and the attendant gear to move...
Since the end of controls, new union contracts have been providing some startling raises, especially in the often pace-setting construction industry. Two weeks ago, San Francisco plumbers and pipefitters won a one-year raise of nearly 18%. Welders and other metal craftsmen in Portland, Ore., signed a contract that will raise their hourly rate a minimum of 38% by October 1976. Delta Air Lines pilots recently won a 25% to 30% raise over 26 months...
Portland, Ore...
...blacks up the job escalator into the middle class in half the usual time. "A new breed of cat was produced, the black technocrat," says Robert Coard, director of an antipoverty agency in Boston. William Fuller, who earned $8,100 a year as a grade-school teacher in Portland, Ore., illustrates how fast a black technocrat can ascend. Between 1967 and 1969 he advanced from a planner for a Model Cities program to executive secretary of the State Intergroup Human Relations Commission (salary: $15,500 a year) to state director of compensatory education ($22,500). Today he is paid...
Syria is potentially the most self-sufficient of the Arab nations. "We are a nation of ample natural resources," says Mohammed Imadi, the American-educated Economy Minister. "We have the land, oil, phosphates, iron ore, the right geographical location and a hardworking people." A magnificent sweep of Mediterranean coast is waiting to be developed; at the moment, Latakia is the only port city of any size. But there are developing ports at Banias and Tartous. In the interior, the Orontes River, which flows perversely to the north while all the others in the Fertile Crescent flow south, waters a lush...