Word: assets
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...problem -soil erosion. Inadequate conservation measures combined with very heavy planting have led to excessive runoffs of soil into rivers and streams. In such Plains states as Nebraska and Kansas, where often only scattered trees break the wind, some farmers watch helplessly as their most valuable asset blows away. The Agriculture Department considers the loss of five tons of soil an acre annually to be excessive; below that, the land can renew itself fairly well. Yet Illinois farms are eroding at an average of 6.72 tons, and losses are also high in parts of Iowa, Tennessee and Missouri. Farmers, often...
...help of friend and mentor Producer Daniel Melnick, her rise has been little short of meteoric. By 1975 she was an executive story editor at MGM, and two years later vice president of production for Columbia Pictures. Aside from intelligence and raven-haired beauty, Lansing's prime asset is her youth, at least according to Fox Vice Chairman Alan Hirschfield, her former Columbia boss, who hired her. Says he: "The movie audience is still trending down in age; 60% of it is between the ages of 14 and 24. Sherry can attract the younger creative moviemakers, who can make...
...economic growth in either the industrial or underdeveloped worlds. The producers have learned that prices rise most rapidly when supply is kept barely equal to, or a bit below, demand; they have good reason to think that oil kept in the ground will appreciate more than any other asset, and the Iranian explosion has demonstrated that all-out production, and the forced-draft industrialization and Westernization that it finances, can lead not to stability but to social strains so intense that they end in revolution. The result of a production hold-down could be a decade or so of serious...
...attachment order must be followed by court trial in which Morgan Guaranty is expected to argue that it needs to hold onto the shares until Tehran guarantees that its loans will be repaid. Meanwhile, more asset seizures seem likely. Asserted an officer of a New York City multinational bank: "We are going to grab every Iranian asset in sight. There is already a line of banks halfway down the block in West Germany waiting to do the same thing...
...business terms, both sides have fired their big guns: oil cutoff, attempted bank withdrawal, asset freeze. What further economic weapons can the U.S. use against Iran-and vice versa...