Word: contracting
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Dates: during 1990-1990
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Although all land is owned by the state, a revised contract system between farmers and government cooperatives gives individual farmers control of the land and production for 15 to 30 years. Farmers grow what they want and sell at the market price. Largely as a result, Vietnam has become the world's third biggest rice exporter, after Thailand and the U.S. The turnaround is remarkable, given the near famine conditions that existed in the spring of 1988 in parts of central and northern Vietnam. A further indication of improved conditions in the North is the sharp reduction in the numbers...
...minimize the damage, companies want to plan carefully for the crunch. But so far, no one knows how deep the cuts will be or exactly where they will fall. A lobbying war has broken out in Washington as companies, cities and states battle to preserve their defense contracts. New York's Grumman and its supporters carried out a lobbying campaign -- described by one opposing Senator as "ruthless" -- to keep alive its F-14D carrier-based jet, and won a contract for 18 new planes at $75 million each...
...Sign Jesse "The Body" Ventura to a 10-day contract and release Eddie Lee Wilkins: They do it in the NHL, why not the NBA? Besides, Wilkins should have gone a long time ago, and desperate times require desperate measures...
Meanwhile, parents and health experts have blasted the sponsorship of sports events by tobacco and brewing companies. Louis Sullivan, Secretary of the Department of Health and Human Services, has attacked cigarette sponsorship of such athletic events as Virginia Slims tennis. In its new contract with CBS, the National Collegiate Athletic Association reduced alcohol advertising during its postseason games from 90 seconds to 60 seconds an hour. Said an N.C.A.A. spokesman: "We had gotten widespread feedback from parents, school administrators and the general public that alcohol was the No. 1 problem...
...York Yankee first baseman signed a five-year contract worth $19.3 million, making him baseball's highest-paid player. Class means forcing owner George Steinbrenner to put up and shut...