Word: embargo
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After surviving more than three decades of economic embargo and revolutionary rule, Cubans have learned to find humor in the grimmest situations. The new joke in Havana is that they have the world's cheapest ferry: not only will 10 cents take you across Havana Bay, but it will take you all the way to Florida...
Despite the regime's show of intransigence, officials at the U.S. embassy claim the sanctions and trade embargo are creating a "sense of rising frustration" in Haiti. But there is contrary evidence that the outside pressure is forcing the business elite to seek common cause with the military. The Chamber of Commerce in the capital has begun hanging banners of support for the junta across many main streets...
...move was ostensibly in retaliation for the Bosnian Serbs' refusal to sign the latest U.N.-brokered peace plan. But his action stems less from his own outrage at Serb aggression -- one that he, more than anyone, has nurtured and fed -- than hope for relief from the international trade embargo that has choked his country's economy...
...things getting a little tense in a certain embargoed outlaw country? According to a report in the Middle East Economic Survey today, Saddam Hussein has fired Iraq's planning minister for publishing an official report that the nation's inflation has reached astronomical levels -- 24,000 percent. The U.N. trade embargo imposed before the start of the Gulf War seems to be taking its toll: Saddam fired his agriculture minister in May for failing to check the skyrocketing price of food...
...making plans to get its peacekeeping force out of Bosnia if U.N. member states vote to lift the arms embargo there, as is expected. War is almost certain to break out as soon as it's clear that the Bosnian Muslims will start getting weapons, says TIME's Central Europe bureau chief, James L. Graff. Any remaining U.N. soldiers are not likely to be spared the wrath of the Serbs, he adds. "It's a knee-jerk reaction to want to lift the arms embargo," says Graff. "It may mean justice for the Muslims, but it also means a nasty...