Word: cuba
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Since 1959, Cuba's gross national product has dwindled by 15% , the sugar crop has slipped 45% , the country's foreign debt-owed mostly to the Soviet Union-has ballooned to $2 billion. Worse still, Cuba's relations with Moscow are going from bumptious...
Castro has never forgiven the Kremlin for pulling its nuclear rockets out of Cuba without so much as a by-your-leave. He chafes at the unfavorable trade terms demanded by the Russians, ignores the attempts by his Iron Curtain advisers to impose order on his chaotic, Latin-tempered regime. "We have no need to go around borrowing brains from anyone," said Castro. "Nor do we have any need of borrowing heads, bravery, revolutionary spirit, heroism or intelligence. We live in a changing world, and it is necessary that each country know how to interpret the Marxist-Leninist doctrine...
...Cubans, of course, are not about to tear up their Soviet meal ticket. But the Russians may be tired of watching $1,000,000 a day sink out of sight in the Caribbean, and they have yet to make a 1965 trade agreement with Cuba. While loudly proclaiming his independence, Castro made a point of telling his people that Cuba could carry on without Russian aid. "I absolutely do not have the slightest doubt that the country could survive such trials." He later announced a new five-year trade pact with Communist China, exchanging Cuban sugar for Chinese machines, rice...
...United Nations' Economic Commission for Latin America last week issued an interesting little report on how much economic aid Fidel Castro has been getting from the Soviet Union and his other Red-bloc friends. Between 1959 and 1963, according to ECLA, Cuba got $700 million in grants, credits and other aid. The report did not include military assistance, which comes to almost $1 billion. When that is added in, it is enough to make Cuba the hemisphere's biggest recipient of foreign aid at $23 per capita over the five-year period. By contrast, Chile, which boasts...
...Communists, of course, are helping only Cuba, while the U.S. is committed to 19 Latin American nations. And so far Moscow has very little to show for its dole; Castro has used most of the money hand-to-mouth for the food and other basic goods needed to keep Cuba's fractured economy barely alive. Nevertheless, ECLA thinks that the massive infusion of money, assuming it continues, will begin to show results in the next two years. For 1965-66, the report predicted "important increases" " in Cuban industrial and agricultural production, noted Castro's plans to raise exports...