Word: embargoing
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...Cuba's struggling economy, eggs are often a luxury for many families. But they might be more plentiful if the government could import them more cheaply from the nearby U.S. - which has kept an economic embargo against the communist island for four decades. So it was little wonder that Cuban President Fidel Castro made a point of dropping by the American Egg Board's stand at the Havana food exposition that started yesterday. "How fast can you make them?" he asked New Yorker Howard Kelmer, 64, who is the Board's senior representative - and who holds the Guinness Book...
...Havana exhibition, which concludes on Monday, has drawn almost 300 U.S. firms, the most Yanqui companies ever to visit Cuba since Castro took power in 1959. But it's as much photo op as food fair for Castro - a chance to fuel the growing anti-embargo movement in the U.S., where this fall Congress is expected to pass legislation allowing Americans to travel to Cuba for the first time since the embargo began in 1962. Castro knows that if Cuba's 11 million people want more eggs (and meat, chicken and rice), gringo businessmen like Kelmer want a new market...
Last year a relaxation of the U.S. trade embargo allowed Cuba to buy U.S. food products--a privilege it began exercising in November when it purchased 30,000 tons of corn from Archer Daniels Midland. Since then Fidel Castro's government has spent $90 million in scarce hard currency on staples like rice, wheat and chicken. Now Castro and his buyers would like to sample brand-name products. This fall more than 150 American companies such as specialty pastamaker Bushel 42 and Spam producer Hormel will travel to Havana to show off Napa Valley wines, soy burgers, candy bars...
Weaknesses: Embargo on North Korea means he does not have access to sophisticated computers
...four South Africans seeking $50 billion from U.S. and Swiss corporations for the "blood and misery" the companies allegedly caused by doing business with South Africa's apartheid regime. The plaintiffs said Citigroup, UBS and Credit Suisse profited from loans to Pretoria between 1985 and 1993 while a U.N. embargo on trade with South Africa was in force. VENEZUELA Coup Fear President Hugo Chávez warned against fresh attempts to topple his government as police arrested a retired colonel who led a march through Caracas demanding Chávez's resignation. MEANWHILE Doomed Love Songs The loudest love songs...