Word: tradings
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Dates: during 1980-1989
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...international assault on Latin America's illicit drug industry was unprecedented. In Operation Snowcap, made public only when it ended last week, antidrug forces from 30 nations cooperated for 28 days in a blitz on the dope trade -- dynamiting airstrips, assaulting coca-processing operations, searching travelers. Among the participating nations were Belgium, Colombia, Ecuador, France, Britain, the U.S. and Venezuela. Results: 11 tons of cocaine and 244 tons of marijuana seized; 114 guns, 122 boats, planes and vehicles confiscated; 22 cocaine labs destroyed; and 1,267 arrests made. Yet no major kingpins were nailed. Attorney General Dick Thornburgh applauded...
...America's crumbling bridges. Many are too narrow or corroded to handle the load of traffic from connecting roads. The 1,850-ft., four-lane Ambassador Bridge linking Detroit with Windsor, Ont., which seemed spacious when it opened in 1929, suffers daily backups, pinching the flow of trade between the U.S. and Canada. Federal surveys indicate that 42% of the 573,928 bridges more than 20 ft. long need to be rehabilitated or replaced, at a total cost of more than $50 billion...
Takeshita's task was made easier by an abrupt turnaround in the balance of trade between the two countries, another source of irritation to Beijing. In 1985 a flood of Japanese consumer goods into China ballooned trade between the two nations to $19 billion, with Japan enjoying a $6 billion surplus. Since then China has cut back on imports and dramatically increased exports to Japan. For the first six months of 1988, trade was up to a record $10.3 billion, but now China enjoys a $530 million surplus...
...broad sympathy. But in return, Walesa obtained a pledge from Kiszczak that could revive the union leader's power and the diminishing influence of Solidarity: the regime agreed to discuss during the round-table talks lifting the ban on Solidarity, which Walesa founded in 1980 as the first independent trade union in the Communist bloc...
...topped $119 billion, and has risen at the staggering average annual rate of 8.8% for the past two decades. The country financed its fast expansion by running up a foreign debt that reached $47 billion by 1986. But in that same year South Korea registered a small current-account trade surplus, the first in its history, and last year expanded it to $7.7 billion. That overage has helped enable the country to reduce its foreign debt to a current level of $35 billion...