Word: reckoning
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...that the present $1 billion U.S.-U.S.S.R. annual trade volume will not be significantly reduced. As for the technology that the Soviets require, Tass has already indicated that Moscow is still looking toward the West, "not excepting the most economically powerful Western nation -the U.S.A." The Kremlin may now reckon that Congress, discouraged by its inability to make the Soviets change their internal policy and fearing a genuine breakdown in detente, will eventually abandon its demands. There is not the slightest indication that Congress will...
Nyerere, however, failed to reckon with the African's love for his ancestral land and his sense of independence. In the beginning, the government advocated the establishment of ujamaa (cooperative) villages on a more or less voluntary basis. But last year no fewer than 3 million people were moved-some willingly, some by coercion-from their own admittedly inefficient individual plots to communal villages. The result is that farm production has fallen at a time when Tanzania desperately needs increased agricultural output...
...world's second largest diamond "pipe," a gem-rich geological formation nearly a mile across. The government's part ownership with De Beers Consolidated Mines, plus tax receipts from diamond exports, earned the country some $25 million last year, but that was only the beginning. Geologists reckon that the pipe may be good for 500 years of mining, and they have discovered a second one 30 miles away whose diamond deposits could be even more profitable...
...long ago, it was widely assumed that the resources-rich U.S. was better placed than other countries to ride out hard economic times. But the OECD economists reckon that the U.S. gross national product will decline by about 2% next year, after a slide of 1.75% in 1974. The real shocker is that the only other major nation that will show a G.N.P. decline in 1975 is battered Italy -and the U.S.'s slide will be the steeper...
...sales and promotion campaigns. Finally, the system relieves stores of the chore of stamping prices on each individual item, which means that they can get by with fewer $4-an-hour grocery boys. Although the cost of installing the system can run as high as $125,000, industry analysts reckon that automated check-out can save a typical eight-lane supermarket about $40,000 a year. Some chain officials predict that 8,000 U.S. supermarkets will be using the system...