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Word: embargo (lookup in dictionary) (lookup stats)
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...Defense Advisory Committee, representing eleven government agencies, ranging from the Department of Agriculture to the Atomic Energy Commission. EDAC reports to Director Stassen, who is charged with administering the Battle Act. This law, passed in 1951, forbids U.S. aid to any country which knowingly permits goods on the U.S. embargo list to be shipped behind the Iron Curtain...

Author: /time Magazine | Title: WORLD TRADE: Cloak & Dagger Economics | 10/5/1953 | See Source »

Bitter Seadogs. British policy is to forbid "strategic trade" with the Chinese mainland (as required by the U.N. embargo), but to encourage as much non-strategic trade as possible, for, after all, business is business. The Royal Navy has orders to keep the sea lanes open, but British commercial vessels, even under Communist charter, are not allowed to be armed or to carry strategic cargo...

Author: /time Magazine | Title: CHINA: Shot Across the Bow | 9/7/1953 | See Source »

...ready for honorable peace. But if the Communists want war, we must be ready for that, too." The three powers had agreed, said Dulles, "that we shall try our best to bring about Korean unity by peaceful means, [and] that a Korean armistice would not automatically lift our embargo on strategic goods to Red China or lead to the acceptance of Communist China in the United Nations...

Author: /time Magazine | Title: FOREIGN RELATIONS: Report to the Nation | 7/27/1953 | See Source »

Secure Smuggling. When the Communists withheld their orders for a couple of months last winter, Macao almost skidded into bankruptcy. Portugal is pledged to enforce the U.N. embargo on strategic materials entering Red China, but the colony of Macao lives in such absolute dependence (even for food and water) on the Communist mainland that it considers it a question of smuggle...

Author: /time Magazine | Title: MACAO: Smuggle or Die | 6/29/1953 | See Source »

Expensive Trade. Lap Sap Mei and Macao are an enticement to the thousands of desperately poor junk people in Hong Kong who are ready to risk their lives to earn a few hundred dollars running contraband. Under U.N. pressure, British authorities have stepped up their efforts to enforce the embargo...

Author: /time Magazine | Title: MACAO: Smuggle or Die | 6/29/1953 | See Source »

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