Word: tradings
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Dates: during 1980-1989
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Over the past two weeks, U.S. law-enforcement authorities have seized almost 35 tons of cocaine destined for the streets of America. A much bigger blow could be struck against the drug trade, however, if ways could be found to seize the cocaine cartels' funds. U.S. Assistant Treasury Secretary Salvatore Martoche said last week that the Bush Administration would move in that direction by trying to track the billions of dollars in electronic money transfers that move in and out of the U.S. each day. The goal: to identify and perhaps confiscate at least some of the more than...
...took office last December, Mexican President Carlos Salinas de Gortari wanted to do more than exchange pleasantries with the Bush Administration. As it happened, he was able to cap his three-day trip with a flourish last week when he and President Bush signed an agreement to promote free trade and investment between the two countries. At a White House signing ceremony, Bush hailed the pact as evidence of "the special relationship" between the U.S. and Mexico...
Between Africa, littered with the bloated carcasses of elephants, and the huge stockpiles of the Far East is a trail marked by secrecy and deceit. It is a trail traveled by ruthless poachers, cunning smugglers, corrupt and inept officials, and the barons of the trade: a handful of men who have never seen an elephant in the wild. They and their wealthy customers do not understand -- or choose not to -- the high cost of this trade. They do not see the herds mowed down by automatic assault rifles, the tusks frantically hacked from the skulls and the orphaned and wounded...
...consciousness. Reports of the elephant's plight are now stirring outrage in every part of the world. This week delegates from a hundred nations are gathering in Lausanne, Switzerland, to consider how to save the giant of beasts. They represent the countries that have signed the Convention on International Trade in Endangered Species (CITES), the treaty that regulates the trade in ivory and other products from threatened animals. The delegates must decide whether to declare the elephant an endangered species, an action that would trigger a global ban on the international ivory trade. The proposal has sparked rancorous debate, both...
Repeated attempts to control the ivory trade have failed. The current system, set up under CITES in 1986, requires ivory-producing nations to adopt export quotas intended to safeguard existing elephant populations. In addition, each tusk in international trade must be covered by an export permit and marked with a unique serial number, which is recorded in a computer in Cambridge, England. Theoretically, that number allows nations to trace the tusk as it passes from country to country in trade. But many quotas have been ill-considered or ignored, falsified export documents have been discovered in numerous nations, and corrupt...