Word: cuba
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Dates: during 1960-1969
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...years after Fidel Castro took power in Cuba, thousands of small private businessmen continued to eke out a living, operating pushcarts or running groceries, bars, butcher shops and laundries. Up to last month, more than 55,000 such businesses were still struggling along, accounting for 25% of the island's $250 million worth of goods sold annually. Last week, capping a month-long campaign, Castro's government announced that this last, lonely bastion of capitalism has been all but wiped out and the dispossessed businessmen put to work in fields and factories. Cried the official newspaper Granma...
...laggards," C.D.R. members closed down private shops and decided which should be reopened under government ownership. To whip up national interest, the Ministry of Commerce issued daily bulletins on the number of businesses "intervened," and newspapers and radio stations played up the wonders found in the possession of Cuba's last capitalists. In Matanzas province, Mechanic Domingo Riosa had the misfortune, for example, to be caught with light bulbs, Champion spark plugs and pistons for a Dodge engine...
...weaklings, for sowers of panic, for grumblers," warned the Cuban Labor Confederation. Castro's revolutionary committee went even further. It called on all Cubans to "stem lack of seriousness, counter-revolutionary rumors and jokes"-a laughable attempt to curb even humor in Castro's ever more puritanical Cuba...
...recent times, only eight of the world's 120 currencies (those of the U.S., Cuba, Ethiopia, Haiti, Honduras, Liberia, Panama and El Salvador) have survived the 23 years since the end of World War II without a formal devaluation, according to Manhattan Currency Expert Franz Pick. Since Jan. 1, 1949, Chile has devalued 46 times, Brazil 32, Uruguay 18, South Korea 17. The U.S.S.R. has sliced the value of its ruble three times since World War II - not because of external pressures but to reduce domestic purchasing power...
...nations merely snorted. Correctly pointing to South Africa's unchanged discriminatory policies toward the rest of her non-white community, black Africa decried the Johannesburg concessions as virtually worthless. At a continental conference 32 of the fledgling states passed a boycott resolution which was soon endorsed by India, Malaysia, Cuba, Pakistan and several Middle Eastern nations. Russia and her satellites made threatening noises but refrained from joining the boycotters...