Word: ported
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...cities are dominated by the roar of bulldozers and the rattle of jackhammers. The hard hat of the construction worker rivals the checkered ghutra as the national headdress. In the bustling commercial and financial port city of Jidda, on the Red Sea, bulldozers tear into the graceful old houses of the Ottoman era with their latticework balconies and harem windows. In the capital city of Riyadh, rows of mud houses topped with crenelated roofs are smashed to dust to make way for superhighways or high-rise buildings of chrome, glass and soaring reinforced concrete. Passenger jets land and depart from...
...then, according to Nazer, "we threw a little money on the problem and solved it." What they threw was $6.6 billion for port expansion. The building program created a tremendous labor shortage; the Saudis solved it by requiring all large foreign contractors to bring their own workers along ? and add the cost to the price of the contract...
...huge U.S. trade deficits additionally are kicking up prices by depressing the dollar and making imports costlier. How to reduce that deficit? Cracked Eckstein: "We might do it if we could find a way to close the port of Yokohama for a few months." More to the point, Yale Professor Robert Triffin sees little chance of narrowing the trade gap until "the Administration and Congress make some significant sign that they are doing something about the basic problem of energy." Greenspan agrees, though he believes that the dollar's value will stabilize or rise on world markets because...
Neal Rappert Port Orange...
...rejected the plan, sponsored by the United States, Great Britain, France, West Germany and Canada, because it allowed South Africa to keep up to 2,000 troops in South West Africa until new elections could be held, and because it left Walvis Bay, Namibia's strategically-important deep-water port, under South African domination until further negotiations...