Word: embargoing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Opening Cuba to Castro's way of capitalism involves valuable dollars and hard currency that would most likely end up in private Swiss bank accounts. Few Cubans benefit. Whether the embargo is helping Castro or hurting, we can only guess. What is sure is that Cubans struggle each day to scrounge food for their families. The idea of starting a revolution is far from their minds...
Saddam Hussein and Vladimir Zhirinovsky, two of the world's least-understood leaders, have come together at last. Zhirinovsky, the tough-talking Russian nationalist with an eye on the Kremlin in 1996, wrapped up a four-day visit to Baghdad by urging an end to the international oil embargo against Iraq, which happens to owe Russia $7 billion...
...they are gone now that Republicans control Capitol Hill. Senate Foreign Relations Committee chairman Jesse Helms and other powerful lawmakers are convinced that Castro is on the verge of collapse and should be squeezed even harder to precipitate his downfall. Last week they introduced legislation that would intensify the embargo, and it stands a good chance of passing intact. Clinton officials were caught unawares by the new bill, which would punish foreign companies doing business with Cuba. Among its provisos: Americans whose property was expropriated by Cuba could sue any foreign companies that now own it; company officers and shareholders...
Most U.S. allies regard the embargo as a useless obsession that has failed to bring Castro down for three decades. Last October the U.N. General Assembly recommended an end to the embargo by a vote of 101 to 2; only Israel joined the U.S. in saying no. ``Why should the U.S. maintain economic sanctions against Castro if it is willing to trade with Hanoi and Beijing?'' asks a European diplomat. A senior Clinton official can only reply, ``History matters.'' The Administration, he says, ``probably wouldn't seek to create an embargo if it didn't already exist. But there...
...conservative U.S.-Cuba Foundation, argues that Helms' bill will only help Castro score anti-American propaganda points. Echoing the Wall Street Journal's editorial page, he argues that ``a massive infusion of capital and contacts will have the best chance of encouraging reform.'' At the worst, tightening the embargo might provoke a bloody revolution that would not serve Washington's interest in a peaceful transition, says Gillian Gunn, director of the Cuba Project at Georgetown University. Most likely, the bill will not affect Cuba much at all. ``The standard of living has already collapsed by 50%, but the repressive apparatus...