Word: embargo
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
When Ronald Reagan in April lifted the partial grain embargo against the Soviet Union that had been imposed by Jimmy Carter 16 months earlier, it was clear that the U.S. was willing to sell its harvest surplus. Not so certain was whether Moscow was willing to buy, and, if so, how much. After a day and a half of bargaining in London last week, American and Soviet trade officials announced that the U.S.S.R. will be allowed to purchase 3 million metric tons of wheat and 3 million metric tons of corn above the 8 million tons it is allowed...
Faced with an arms embargo imposed by the United Nations in 1977, South Africa developed its own weapons industry...
Faced with an OPEC oil embargo in 1973, the country found enough willing sellers who were not members of the cartel to keep going nicely, while developing its coal and nuclear power. Within two years, thanks to conservation measures and its growing program to convert coal to oil, South Africa will meet 60% of its needs for oil and gasoline. Nor are international economic sanctions likely to give pause to the rulers in Pretoria. One ironic reason: although neighboring black nations would want to go along with a boycott, they could not for long because they depend so heavily...
...Afghanistan incident may have been greater than reports at the time indicated. "He recommended most of the measures the president took after the intervention into Afghanistan," says the official, who asked not to be identified. These measures included the boycott of the Olympic Games in Moscow, a grain embargo, and restrictions on exports of high technology...
...Reagan White House is now trying to clarify its own rules. It has ordered the FBI and the CIA to step up enforcement activities, and a high-level review of the embargo is under way. The Administration has also warned American exporters that lifting the grain embargo should not be considered a precedent for ending the high-technology...