Word: banke
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Dates: during 1940-1949
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...policy might force a showdown; Russia could conceivably withdraw from U.N. But for all practical purposes Russia has never accepted the fundamental theory of U.N. She has declined to join any of U.N.'s most important specialized agencies (e.g., UNESCO, the World Bank, Refugee, Labor, Food and Agricultural Organizations). She has used U.N. as a debating society, and manipulated her veto power to play power politics...
What really made Tisman sore was that the police discriminated against him in favor of other gamblers. Police made token raids against small fry, which was "like raiding a bank and arresting the janitor." But they had closed him up tight a few times and caused him to lose a lot of business. His-brother Harry Tisman gravely corroborated this. "You had to pay to stay in business," he said. "It was just like the B.C. Electric-you had to pay your bill or you were...
...Peru, where nothing can be imported without a license, restrictions are just as drastic. Every request for a permit must be published in the official El Peruano (including the intention to spend $8.50 from a U.S. bank account for a subscription to TIME). Even so, Peruvians' funds are so tight that half the applications to import machinery, locomotives, lathes, trucks, etc. are turned down. Since last March, the Government itself has spent 14% of Peru's foreign exchange, mainly for food bought in Chile and Argentina and sold to the public at a loss...
Earlier in the week Peru's Congress voted to resume payment on long-defaulted bonds held in the U.S., in hopes of getting a U.S. Export-Import Bank loan. But both Chile's and Peru's prospects for new U.S. loans are poor. Perhaps, in the long run, the Strong Man will be a bigger help than...
...Shanghai, prices are out of sight; dollars must be exchanged into Chinese at 1 to 12,000 (less 3% Government Bank commission), and unspent Chinese dollars cannot be changed back. Manila is still a rubble heap. Hong Kong is nearer normal than any Far Eastern city. Prices are well controlled. A hotel room costs only $2 to $3 a person. Singapore is smellier, more overcrowded than ever. But the famed Raffles Hotel is open again to tourists-although they may find it too quaint to be comfortable...