Word: pound
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...great works of architecture were monuments that survived from the past. Furnishings became increasingly valuable by becoming antique. Great literature never became out of date. "Literature," Ezra Pound observed, "is news that stays news." The new enriched the old and was enriched by the old. Shakespeare enriched Chaucer; Shaw enriched Shakespeare. It was a world of the enduring and the durable...
...dipping into stockpiles, producers have maintained high exports, and the U.S. has found almost as much coffee to import as ever. To shore up their shaky economies, however, Brazil and other coffee-producing nations have increased export taxes on beans and reaped windfalls. Brazil's tax per pound has jumped from 22? to 75? Colombia, the second largest producer, now demands $1.47 per pound in taxes. Brooklyn Democratic Congressman Frederick W. Richmond, a member of the House Agriculture Committee, charges that "this is a crisis dreamed up by coffee-exporting nations to gouge the American consumer...
What buyer resistance there is has not yet appreciably bitten into sales or changed coffee-drinking habits. Even at $3 per pound, home-brewed coffee still costs only about 5? per cup. The most effective coffee-price brake may be applied by consumers in the countries where the beans are grown. Brazil is second only to the U.S. in drinking coffee and prices have more than doubled, to $1.63 per pound, in 18 months. That may seem cheap to an American-but the average annual per capita income in Brazil is only...
...estimates are calculated in sterling. Dollar equivalents may be lower if the pound continues to decline in value...
...southern Negev desert, have made Israel nearly self-sufficient in food and a leading exporter of fruits and vegetables to Western Europe. A global demand is growing for space-age military and communications hardware made in Israel. Helped by its continuing policy of "creeping devaluation"-just last month the pound inched down 2% to 8.9 to the dollar-Israel increased its exports $800 million last year, helping cut the trade deficit to $3.5 billion...