Word: export
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Dates: during 1990-1990
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...terms of directional clarity," says a Bush adviser, "this has all been an easy call. Even a dolt understands the principle. We need the oil. It's nice to talk about standing up for freedom, but Kuwait and Saudi Arabia are not exactly democracies, and if their principal export were oranges, a mid-level State Department official would have issued a statement and we would have closed Washington down for August. There is nothing to waver about here." What Saddam offers the President, says another White House aide, is "a case where he knows what's right, he knows what...
...world of luxury, which ranks alongside aerospace as France's primary % export industry, Hermes likes to call itself "a firm apart." It has resisted predatory takeover artists who have swallowed up such venerable family strongholds as Louis Vuitton and Lanvin. It has refused to license its name to sell discount luggage a la Pierre Cardin or mass-produced hosiery a la Christian Dior. But what really makes Hermes different is its stubborn adherence to century-old manufacturing techniques. "Hermes is an anachronism," says Gene Pressman, executive vice president of Barney's, the upscale clothing chain. "It's about quality that...
France and China in 1988 formally approved use of the drug, and Roussel will shortly apply to market it in Britain. The company has refused to export it to any country unless several conditions are met, including the legality of abortion and its acceptance by public, political and medical opinion. According to Ariel Mouttet, head of international marketing for RU 486 at Roussel, the sticking point in the U.S. is the political climate. Says she: "We don't want to enter into a social debate...
...House gave speedy 416-0 approval to a pending economic sanctions bill aimed at Iraq. The measure would cut off Iraq's $200 million a year in Export-Import Bank credits and tighten restrictions on U.S. exports that could have military as well as civilian uses...
That agreement to disagree was evident on the most important topic the summiteers discussed: the high tariffs, domestic price supports and export subsidies used by many nations, including the entire Group of Seven, to protect their farmers from more efficient foreign competitors. Experts estimate that such protectionist measures cost the developed world's consumers and taxpayers some $245 billion a year. They also undercut the ability of poor countries to export their agricultural products. George Bush asked his summit partners to phase out government support for farm exports (not that Bush is sure he could sell such sacrifices to farm...