Word: spareness
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Dates: during 1970-1979
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...Iran is importing eggs from Turkey, poultry from Rumania and rice from Thailand. Tehran is making up for the cutoff of U.S. medicines by buying some 600 pharmaceutical items from Japan, ranging from aspirin to antibiotics. It is importing U.S.-manufactured oil-drilling equipment from Rumania and could obtain spare automobile parts from a General Motors Corp. assembly plant in any third country. True, the shops in Tehran may no longer be able to stock imported items like detergents, disposable diapers and tooth paste, and there are occasional shortages of bread, eggs, meat and other items. But otherwise, there...
...create periodic petroleum gluts. Yet high Aramco officers are among the few people who know the real size of Saudi Arabia's production capacity. Last spring Exxon and Socal divulged to the Justice Department, in its ongoing anti-trust investigation of the oil industry, that Aramco had little spare capacity. That statement helped to undercut Saudi influence over cartel price policy. On the eve of the Caracas gathering last week, Saudi officials proclaimed that the country could boost output almost immediately, perhaps to a hefty 11 million bbl. Meanwhile, the Saudi government is punishing Socal and Exxon for their...
...supertrick is today's ordinary item, they were not expected to stir much attention. Chinese Men's Coach Xia Dejun admitted that the gap had hurt his country's development program. Said he: "During the Cultural Revolution, many of the schools were closed, most of the spare-time sports academies were closed, and for five years there was no training for our gymnasts. Our men's team has one gymnast who is 30. He started gymnastics before the Gang of Four. The rest are very young, and they started after the troubles in China...
...fact, the aerospace industry is the U.S.'s second largest exporter (after agriculture), and sales of commercial jets and spare parts make up $5 billion of the industry's $9 billion contribution to the U.S. balance of payments. Until the mid-70s, U.S. planemakers had about 80% of the commercial market in the non-Communist world. But the technological success of the Anglo-French Concorde convinced Europeans that they could become powers in mass-transport aircraft competition. The Airbus consortium of West Germany, France, Britain, Spain, The Netherlands and Belgium rolled out the economical A300 and smaller, more...
...been destroyed or closed. Until 1975 the Ruseokeo textile plant on the outskirts of the city employed 600 workers making cotton cloth. With help from OXFAM, the Oxford-based relief agency, it has since reopened, but only half of its looms are being used. Reason: a lack of spare parts for the steam boiler that drives them. Complains Manager Tiv Chhivky, 45, "I don't know what parts to ask for. We want to reconstruct, but we don't have the money...