Word: blocs
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Dates: during 1950-1959
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...Greater flexibility to meet regional economic competition from the Communist bloc. In the current aid program, the President can spend $250 million a year in the place and manner he wishes, with few congressional restrictions. For the future, the Administration wants this authority expanded to $500 million a year. One proposed item in this fund: $100 million of nonmilitary aid for the troubled Middle East and Africa, so that the U.S. will "be in a position to act promptly to help governments in this area in their efforts to find solutions for economic and social problems...
...rendezvous (piloting his de Havilland Dove himself) without his Prime Minister. Having successfully sacked Glubb Pasha, symbol of Britain's long Jordanian dominance, Hussein seemed to be savoring his independence. He had turned down the invitation to join Egypt, Saudi Arabia and Syria in their Arab "neutral" bloc, and he had already opened negotiations with the British on terms that seemed likely to assure for the young king the continuing of London's $25 million yearly subsidy, and the presence of a British military training mission, instead of the outright British command of Jordanian troops that...
...United States exported about $15 billion worth of goods, of which about one-third went to Western Europe. In comparison, American exports to all Red-controlled countries totalled only about four million, of which approximately $200,000 went to the U.S.S.R. United States exports in 1954 to the Soviet bloc represent a drop of about ninety-nine and a half percent from the 1947 level. Korea accelerated the fall. The materials which formed U.S. exports to Russia in 1954 were mainly such agricultural produce as fats and oils, hides, and cigarettes. In the same year, American imports from the Soviet...
...business reticence. United States export controls stem from the Export Control Act of 1949 and the so-called Battle Act of 1954 (a product of the Korean War), which call for licensing controls on most non-consumer goods, and embargoes on most non-consumer goods destined for the Soviet bloc. In August, 1954, the embargo list was shortened slightly to put tighter control on a smaller number of "strategic" goods. Products that clearly have military end-uses are categorically restricted from exportation to the Soviets. The main difficulty arises with manufactured goods primarily employed for civilian purposes which might, however...
...export controls and Soviet purchase demands, the reticence of American business plays a significant part in keeping U.S.-Soviet trade negligible. This reluctance results partly from public opinion, from lack of commercial representatives here and abroad, from the generally recognized instability and undependability of trading with the Soviet bloc, and from an unencouraging government attitude...