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Meanwhile, the Tanzanian economy is sorely beset by failing crops, worldwide inflation and soaring petroleum costs. Because the government paid such low prices for basic agricultural commodities, farmers last year smuggled more than $50 million worth of sisal, cattle, cotton, cashew nuts and corn across the border into neighboring Kenya, where prices were higher, thereby depriving Tanzania of vital foreign exchange. The country's hard currency reserves, in fact, have fallen from over $100 million a year ago to only $11 million at present...

Author: /time Magazine | Title: TANZANIA: Ujamaa's Bitter Harvest | 1/27/1975 | See Source »

...Rica's democratic system. Don Pepe, who was elected to his second nonconsecutive presidential term in 1970, concedes that some of his business investments have gone sour in recent years. He readily acknowledges that his San Cristobal holding company, which produces, among other things, coffee bags made of sisal, "needed an injection of cash badly. I had been looking everywhere." Then he found Vesco...

Author: /time Magazine | Title: COSTA RICA: Scandal in Paradise | 6/11/1973 | See Source »

...well-to-do Lyles district, there are the remarkable Victorian gingerbread houses, with intricately carved balustrades and spires, that are now commanding Stateside real estate prices. At the Iron Market, beneath a twin-spired iron roof, hundreds of Haitian entrepreneurs haggle with tourists over the price of wood carvings, sisal mats, dolls and hundreds of other products displayed in crowded stalls. There is the formal city hall, outlined at night with strings of glowing light bulbs, and the National Palace, which is guarded during holidays by light antiaircraft guns. Everywhere the streets in the overcrowded city teem with people, many...

Author: /time Magazine | Title: Modern Living: Haiti: New Island in the Sun | 1/29/1973 | See Source »

...simple wooden affairs to the Ambassador model, which boasts a gold-plated barrel and genuine feathers called flights. Aficionados would not be caught dead without their own favorite brand of dart. The standard board, favored by USDA and a fixture in most English pubs, is made of tightly packed sisal fiber and marked off in 20 pieshaped sections with a score value of from 1 to 20, and inner and outer bull's-eyes worth 50 and 25 points respectively.* Some pubs, like Washington's Wakefields, have as many as five boards permanently...

Author: /time Magazine | Title: Modern Living: Darts Away | 7/26/1971 | See Source »

...Much of its economic malaise can be traced directly to the dizzily fluctuating prices of its export commodities. Copper (94% of Zambia's export and 60% of the Congo's) dropped in value from $1,600 a ton last March to $1,140 in August. Sisal (once Tanzania's leading export) has dropped from $18.16 per 100 Ibs. in 1963 to $6.64 last August. Statistics about Africa are woefully inadequate; economists differ over whether Nigeria's per-capita income is $120 or $80. But the figures underscore the fact that Africa is desperately poor. "Our society...

Author: /time Magazine | Title: The World: Black Africa a Decade Later | 2/1/1971 | See Source »

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