Word: importance
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Dates: during 1970-1979
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...added that as long as energy sources such as coal, nuclear power and solar energy are more expensive both in monetary and ecological terms, the United States will import...
...early '70s foreign manufacturers have strongly challenged American industrial products, and the U.S. has been suffering increasingly severe trade deficits, thus weakening the dollar. It is all too easy to blame the trade deficit on skyrocketing oil prices, though they are a major cause; Japan, which must import all its oil, has maintained a trade surplus by developing high-technology products and aggressively selling them abroad. A prime example: every one of the million video tape recorders sold in the U.S.-including those marketed under American labels-was developed and made in Japan...
That is the ultimate import of Castro's words. The situation is the Middle East may be tragic, violent and marked by individual atrocities on both sides. But it is not genocide. If we define it as such, and begin to believe our own words, then we will tolerate ever larger crimes, crimes which might accurately be labeled "genocide," even as, on a smaller scale, we tolerate them...
Kreps proved to be a talented bureaucratic infighter, despite her soft-spoken manner. She persuaded the White House to transfer to Commerce some of the Treasury Department's import-regulating duties. She also caused Commerce to take a more active role in promoting international trade. In May she initialed the U.S. China trade agreement in Canton. But she was never allowed into Carter's inner circle of economic policymakers, whom she once dubbed "the boys at breakfast...
...Ramones gig: "A scalper," one fan tells another knowingly. The soundtrack is good--music by Eno and Nick Lowe side by side with Alice Cooper and Todd Rundgren. (If you want to hear live Ramones recordings, though, don't buy this soundtrack album; get a double-album import called It's Alive, four uninterrupted sides of lobotomized thumping...