Word: trades
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Dates: during 1960-1969
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...lands to the Israelis in 1948. Most of them live on the dole in eight refugee camps, sitting in the shade of their huts and shuffling sad-eyed from one day to the next. Their artificial economy is based largely on money from relatives working abroad; the once lively trade in luxury imports resulting from Gaza's status as a duty-free zone has ended...
...each other time and again. They talk of home, too, and how worried their wives and their parents must be. They talk of how things will be when they get back. A few hours ago they were strangers, but now they admire each other's wounds and trade confidences and insults with ease and affection. Without anyone saying it, they realize that they are members of a rather elite fraternity, and this pleases them...
Whatever the manners or modes employed, all conciliators agree that face-saving is the top consideration in their trade. For one thing, leaders of militant groups or nations find it difficult to sell compromises to their constituents without some semblance of victory. During the recent Memphis sanitation workers' strike, the adversaries had become so entrenched behind their harsh words that it appeared face could not be saved on either side. Called in to mediate the dispute, U.S. Labor Under Secretary James J. Reynolds was stymied not only by the black v. white impasse but more importantly by Memphis Mayor...
France's payments position stands to get an additional jolt on July 1, when the Common Market is due to abolish all remaining tariffs on trade between member nations. At the same time, the Market is scheduled to introduce uniform external tariffs, which will promptly be reduced in accordance with Kennedy Round agreements. This figures to hurt France, since it presently enjoys some of the highest tariff levels of any of the six Common Market members. Elimination of all tariffs within the Market, meanwhile, will completely open French borders to the goods of such powerful trading partners as West...
...when the 1956 war between Israel and the Arabs shut the Suez Canal. With Trans-Med planes available to bridge the gap, revenues quadrupled in one year to $1,200,000. Abu-Haidar used the money to buy more planes. The Lebanese government cooperated by establishing a free-trade zone at the city's international airport, where goods could be warehoused or even partially processed. Business has consistently increased ever since, and the one-room office has given way to magnificent quarters downtown, where Abu-Haidar arrives at 8 each morning after a two-hour gallop on horseback outside...