Word: surpluses
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Some retailers are benefiting from overheated fears. Panicky consumers have rushed to military-surplus stores to buy gas masks. Many people want the masks for protection in case terrorists blow up chemical plants and oil refineries near them. Richard Muerdter, owner of the Eagle Army & Navy store in Louisville, says one frightened woman told him: "They're going to send terrorists over here to gas all of us." Some stores reported calls from anxious customers who wanted to know if Iraq's Scud missiles (top range: 560 miles) could reach the U.S. mainland. From California to Western Europe, there were...
...bumper harvests around the world, wheat farmers face their lowest returns in more than half a century, and the international embargo on exports to Iraq has also eliminated Australia's second-biggest customer. Aggravating the crisis is cutthroat grain dumping by the U.S. and the European Community; both unload surplus wheat overseas at subsidized prices...
...realize that in the chancy business of manufacturing popular art, Hollywood has an ever tighter grip on the world's pulse. Since 1985 the overseas take from U.S. films has doubled. Movies represent a robust portion of an entertainment industry that registers an annual $5 billion or so trade surplus...
...fantasies, its tunes and dreams. At a moment of deep self-doubt at home, American entertainment products -- movies, records, books, theme parks, sports, cartoons, television shows -- are projecting an imperial self-confidence across the globe. Entertainment is America's second biggest net export (behind aerospace), bringing in a trade surplus of more than $5 billion a year. American entertainment rang up some $300 billion in sales last year, of which an estimated 20% came from abroad. By the year 2000, half of the revenues from American movies and records will be earned in foreign countries...
Rauch said the shuttle bus expenses will not squeeze council funds because the operations budget typically has a surplus...