Word: zealanders
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...accept what were euphemistically called "deferred payments" to finance the purchases. Now the foreign trade deficit has leaped forward to an estimated $750 million for 1974; this has forced the Chinese to postpone the receipt of goods that they had agreed to buy from Japan, Australia, New Zealand...
Much of that growing demand in both industrial and developing countries has been satisfied for the past quarter-century by surpluses harvested in Canada, New Zealand, Australia, Argentina and the U.S. Indeed, America "is the principal and residual supplier of grain to the world," explains Willard Cochrane, a University of Minnesota agricultural economist. "It is the country to which all countries come when they are short." This year, despite the recent restrictions on sales abroad, the U.S. will probably export about 41% of its crop-at least 82 million tons of wheat, soybeans, corn and sorghum, valued at about...
...Kissinger in his latest United Nations speech, abruptly cautioned the oil-producing nations not to price their product at disastrously high levels. The Shah, more accustomed to hand kissing than hard words, bristled. "Nobody can dictate to us," he told newsmen on a state visit to Australia and New Zealand. "Nobody can wave a finger at us because we will wave back." In his 90-minute interview with TIME (see box preceding page), the Shah warned, "If this is a serious policy of the U.S. Government, then on this subject we are going to have a very serious clash...
Died. Norman Eric Kirk, 51, thunder-voiced politician who ended the New Zealand Labor Party's twelve-year exile from power and became Prime Minister after a 1972 electoral sweep; of a heart attack; in Wellington. A onetime manual laborer...
...Norm " first went to Parliament in 1957 and climbed rapidly, rising to Labor Party chief when he was 42. As Prime Minister and also Foreign Minister, Kirk favored developing unindustrialized regions in his country's southern island, recalled New Zealand's troops from Southeast Asia and vociferously opposed French nuclear testing in the Pacific...