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NEWS
May 18, 1993
U.S. exports to Japan: $53 billion U.S. imports from Japan: 96 billion * U.S. exports to European Community: $103 billion U.S. imports from European Community: 97 billion * EC exports to Japan: $31 billion EC imports from Japan: 62 billion * Top 5 U.S. Imports 1. Passenger Cars: $46.7 billion 2. Crude Oil: $38.5 billion 3. Computers and Computer Accessories: $33.8 billion 4. Apparel and Textiles: $33.4 billion 5. Auto Parts and Accessories: $25 billion Top 5 U.S. Exports 1.
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NEWS
September 9, 1997 | ART PINE, TIMES STAFF WRITER
Not long ago, the only way most poor countries could stay afloat was to beg for ever-larger amounts of foreign aid. Western governments poured billions into costly development projects. Private industry and capital were almost nowhere to be seen. No more. Richer countries, feeling strapped for cash themselves, have cut back their foreign aid. At the same time, however, many of the impoverished nations have abandoned socialism and embraced capitalism.
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BUSINESS
January 22, 1996 | CHRIS KRAUL, TIMES STAFF WRITER
Like everywhere else in Mexico, the southern state of Oaxaca has been hit hard by the economic crisis, a calamity that increasing numbers of free-spending foreign tourists attracted here by prehistoric ruins can't compensate for. There are corners of prosperity, however, especially in the world of mescal, the somewhat mysterious spirit made from the agave cactus that is purported to have medicinal powers and to arouse sexual desire. Exports of the liquor grew 25% last year to about $10 million.
BUSINESS
January 22, 1996 | CHRIS KRAUL, TIMES STAFF WRITER
Like everywhere else in Mexico, the southern state of Oaxaca has been hit hard by the economic crisis, a calamity that increasing numbers of free-spending foreign tourists attracted here by prehistoric ruins can't compensate for. There are corners of prosperity, however, especially in the world of mescal, the somewhat mysterious spirit made from the agave cactus that is purported to have medicinal powers and to arouse sexual desire. Exports of the liquor grew 25% last year to about $10 million.
NEWS
September 9, 1997 | ART PINE, TIMES STAFF WRITER
Not long ago, the only way most poor countries could stay afloat was to beg for ever-larger amounts of foreign aid. Western governments poured billions into costly development projects. Private industry and capital were almost nowhere to be seen. No more. Richer countries, feeling strapped for cash themselves, have cut back their foreign aid. At the same time, however, many of the impoverished nations have abandoned socialism and embraced capitalism.
BUSINESS
July 31, 1992 | LESLIE HELM, TIMES STAFF WRITER
After two days of talks, American negotiators pronounced Thursday they were making "good progress" towards removing the root causes of the United States' $43-billion trade deficit with Japan. Longtime trade observers, including American business executives in Japan, however, said the the 1990 agreement to tackle the underlying causes of the bilateral trade imbalance, known as the Structural Impediments Initiative (SII), has done little to help them sell products in Japan.
BUSINESS
May 21, 1993 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
California is out of the running for the $300-million factory that German luxury car maker Mercedes-Benz plans to build in the United States, state Trade and Commerce Agency Secretary Julie Meier Wright said Thursday. Up to 1,500 manufacturing jobs might have been created by the plant, so the loss clearly is a blow to California. But Wright said the process itself of competing for the factory was heartening.
NEWS
May 18, 1993
U.S. exports to Japan: $53 billion U.S. imports from Japan: 96 billion * U.S. exports to European Community: $103 billion U.S. imports from European Community: 97 billion * EC exports to Japan: $31 billion EC imports from Japan: 62 billion * Top 5 U.S. Imports 1. Passenger Cars: $46.7 billion 2. Crude Oil: $38.5 billion 3. Computers and Computer Accessories: $33.8 billion 4. Apparel and Textiles: $33.4 billion 5. Auto Parts and Accessories: $25 billion Top 5 U.S. Exports 1.
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