Word: embargoed
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Dates: during 1960-1969
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Outlawed Stamp. Not quite so funny were the new economic sanctions that Wilson slapped on Rhodesia. In addition to the embargo on Rhodesian tobacco and sugar (the nation's major crops), Britain also banned imports of asbestos (a $30 million export item last year), copper, lithium, chrome, iron, steel and meat. That made the embargo 95% complete. Simultaneously, Wilson ordered a halt to interest payments, dividends and pensions from Britain to Rhodesian residents, thus damming a flow of income that totaled some $25 million last year. He even outlawed Rhodesia's bright new independence postal stamp as British...
Russia imposed sanctions on Yugoslavia in 1948 after Tito broke with the Comintern, but Tito survived. Arabs and Israelis embargo each other's products, but the results are hardly noticeable. In spite of U.S. sanctions, Cuba and Red China carry on. South Africa hardly realizes that it is being boycotted by 46 nations that are incensed at apartheid. The urge to trade is so strong that it usually can be dulled effectively only by outright war. Money talks louder than the flag...
...last week sharply raised taxes on domestic beer, whisky and tobacco. South African banks, on which the Rhodesians had counted as allies, temporarily stopped trading in Rhodesian pounds because of the uncertainty. The United Nations, which has never imposed economic sanctions on any nation last week recommended an oil embargo on Rhodesia and the U.S. announced it will not accept Rhodesian sugar...
Cold war politics today make some boycotts impractical or ineffective. Placed under sanctions by Russia, Yugoslavia received aid from the West; Cuba, in the face of U.S. sanctions, got help from the East. Red China has been able to buy from Western nations despite a U.S. embargo. The Israeli-Arab standoff is a joke, since neither has markets to interest the other, and both sides in the cold war trade with each country. Indeed, the only really successful postwar sanction was the 28-day naval blockade that the U.S. threw around Cuba during the 1962 missile crisis. It was totally...
More to the point, Wilson asked for an embargo on Rhodesia's vital tobacco exports and laid down economic sanctions designed to cut off most of its trade. But he rejected military intervention, unless a "legal government" asked for troops to restore order. "Our purpose is not punitive," Wilson said. "Our purpose is to restore a free government acting in the interests of the people of Rhodesia as a whole...