Word: embargo
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...Peking. But with the savage repression of the Tibetan revolt, and deliberate provocation of India, Southeast Asians were taking seriously the threat of "yellow imperialism." Burma, which had formerly refused U.S. aid, now recoiled at the thought of loans from Peking. Thailand's Marshal Sarit had placed an embargo on imports from Red China and Malaya closed down two Red Chinese banks as centers of smuggling and espionage. And though India's Nehru, true to his nature, continued to vacillate, hostility toward Red China was rampant among the Indian masses...
Next time I go to Cuba, I'll bring my own sandwiches." Flying down to Havana at week's end, presumably without sandwiches, intrepid Correspondent Dubois ran headfirst into the embargo. At the Habana Hilton, bellhops refused to carry his bags and the waiters refused to serve him. Undismayed, Dubois dropped in at his favor ite restaurant. La Zaragozana, dined on bootleg paella (fish, chicken, rice) served by union members who amiably pretended they did not recognize their guest...
...million, and may in time reach a level of 2½% of all British imports. Britain refused Moscow's request for long-term government credit, but expects to sell the Russians "very substantial" amounts of industrial equipment no longer on the West's strategic embargo list, including complete chemical, plastics and tire plants. The parties also agreed for the first time to exchange $6,000,000 worth of consumer goods annually, including a few token Soviet cars (the Moskvich and the Volga...
British businessmen are slowly learning that there are other factors discouraging East-West trade than the U.S.-imposed embargo list, which they used to cry out against. Present proportion of U.K. trade with Russia: 1.5% of British exports...
...They will now be allowed to export to any country that wants them such newly freed items as civil aircraft (including turboprop), all kinds of trucks, tankers under 18 knots, industrial diamonds, all petroleum refinery equipment, all turbines and diesel engines. But for all their cries that the relaxed embargo was a victory of "common sense," the U.S.'s allies expect no dramatic rise in trade with Communist countries that have shown themselves so guided by political whims, so chronically plagued by a shortage of currency or a lack of goods that meet Western specifications. Though Britain...