Word: blocs
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...National Press Club and to 1,200 steelworkers in a snowstorm outside the Capitol. Before his subcommittee paraded big-name witnesses, ranging from the Rockefeller Report's Nelson Rockefeller ("Unless present trends are reversed, the world balance of power will shift in favor of the Soviet bloc") to the Navy's snappish, hard-driving Rear Admiral Hyman Rickover, father of the nuclear submarine ("I think everybody in the military should be doing things as if we were really...
...Industry Raul On-darts: "We urgently need machinery and capital goods. We do not care where they come from." In Brazil, top government officials re-examined their anti-Red-trade policies; President Juscelino Kubitschek said he knew "what dangers negotiations can lead to," but pointed out that Soviet-bloc countries "offer economic prospects that deserve to be studied...
Help in Sight. Because Soviet-bloc trade with Latin America is still small ($220 million last year) and the trade offensive is still more promise than deed, Washington is keeping cool-but thinking hard about the future. U.S. officials still argue that direct loans to state oil monopolies would be an invitation for other governments to expropriate' U.S.-owned oil companies all over the world. "I am convinced of the advantages of free, competitive enterprise in the oil business," explains a high presidential adviser. "But when my judgment is asked in Washington, I shall say that I believe...
BURMA. A five-year agreement to barter rice for Soviet-bloc cement, signed in July 1955, has proved disillusioning. The cement, for which Burma had only limited use, arrived during the monsoon and hardened on the docks. The Soviets turned around and sold the rice for cash in other Asian countries, thereby depriving Burma of potential export markets. Under another 1955 agreement, Russia is to "give" Burma $28 million worth of building materials and technical help toward construction of a hospital, a technological institute, a hotel, a sports arena and an exhibition hall. The agreement requires Burma, as a token...
Despite its frequent blunders and bad faith, the Soviet bloc is undeniably getting more for its aid dollar than the U.S. The fact that the Soviets make loans rather than gifts is not resented as tightfisted, instead flatters the touchy pride of newly independent nations as businesslike dealing between equals. When they insist that the factories they build must be state property, Russian negotiators are often more in tune with the vaguely socialist ideology of most Afro-Asians than are U.S. aid administrators in their attempts to promote free enterprise. Needing raw materials and food that the underdeveloped countries produce...