Word: embargoes
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...withstood all the sanctions the U.N. could pile on him, and thumbs his nose at the idea of being bombed again. His callousness seems to know no bounds. When UNICEF announced last week that a million Iraqi children have suffered from malnutrition under seven years of the embargo, Saddam acted to make their plight worse. He said he was uninterested in renewing an arrangement that allows Iraq to sell $2 billion worth of oil every six months to buy food and medicine. Instead, he demands that all sanctions...
UNITED NATIONS: Here's something to chew over with your turkey. The international embargo against Iraq has caused nearly a million children to suffer from chronic malnutrition since sanctions were imposed in 1990, UNICEF reported Thursday...
Clinton immediately decided to press the U.N. to add new sanctions to the trade embargo that has crippled Iraq's economy since the country invaded Kuwait in 1990. If Saddam continued to resist, the White House signaled, it was more than ready to use military force. The Pentagon has 18,500 soldiers, 17 ships and 200 warplanes in the region poised to launch a retaliatory strike if the American inspectors in Baghdad are endangered...
...officially embargoed "enemy" of the U.S., Cuba seems to be getting pretty popular with American tourists and businessmen. There were 29 Yanks officially registered at the Hotel Nacional when a terrorist bomb went off in the lobby of the hotel July 12. Last year 1,500 executives visited the island, up from 200 five years ago. They were not there for a suntan. Yet, insists Richard Newcomb, the Treasury Department official who enforces the U.S. embargo, "Cuba is off limits to nearly all U.S. commercial transactions. There is no front door or back door to Cuba for Americans...
...with the mainland represent the most significant factor to shape the short-term future of the territory, which has acquired the new status of China's Special Administrative Region in the historic event of the handover on midnight of June 30. Indeed, it was in the aftermath of the embargo on China that the present economic might was being born. In lack of trading opportunities, industrialists from the mainland realized that Hong Kong's only asset was represented by the manufacturing potential of its people. Shortly, as bigger factories opened and a diversified economy began to thrive, the real estate...