Word: export
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Dates: during 1990-1990
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...politicians have begun to argue that the East-West confrontation will be replaced by North-South hostilities, which is to say a rising conflict between the haves and the have-nots. Islam is a religion that has appeal for the deprived. Moreover, although Tehran has yet to successfully export its revolution, the determination of Iran's fundamentalists to spread their radical brand of Islam raises the specter of subversion throughout the region...
...aerospace industry has been one of the top beneficiaries of the export boom. Last week Boeing announced a $4.8 billion deal to sell 23 new 747-400 jumbo jets to Korean Air Lines, which had earlier bought nine of the planes. All told, Boeing has 161 foreign orders for airliners, which range in price from $35 million to $130 million apiece. Even small U.S. firms have made impressive inroads abroad. Trilling Medical Technologies, a Carlstadt, N.J., firm of 50 employees that sells burn-protection products, has seen its international sales increase 400% during the past year...
Poker may be the most successful U.S. export these days. Here at Binion's, where tournament poker took shape in 1970, there are good players from India, Sweden and other places that seem unlikely. Dewey Tomko estimates that there are only ten or 15 really successful players, whose lives and incomes would be comparable to those of the world's best tennis professionals. Sure, he admits when an eyebrow is raised, there are a lot of others who scuffle along at $200,000 a year, "but that's as bad as having...
...spite of Saddam's noisy saber rattling this year, Washington has done nothing to tighten controls over exports of equipment with potentially dangerous applications. The State Department has not declared Iraq a "country of concern," a classification that would impose tighter export controls on a long list of items that might have military applications. In the absence of such a classification, the Commerce Department is currently considering "on a case-by-case basis" 63 applications for licenses to export suspect equipment. The department did belatedly drop Iraq from the itinerary of a special aerospace trade mission by American firms...
Another problem is that the privatization of Poland's vast state-owned sector, much of it antiquated and unprofitable, is proving much more difficult than most economists imagined. When shares in a profitable import-export company were offered to the public recently, only 20% were purchased. A parliamentary committee is studying other ways of unloading state-owned companies, including a novel plan first discussed in Czechoslovakia that would create a capital market by giving shares to each citizen. The shares could later be traded on a stock exchange. "We have to remember that society has been pauperized," says Andrzej Bratkowski...